If you were charged by JPMorgan Chase Bank, Chase Home Finance, LLC and/or Chase Insurance Agency, Inc. between 1/1/08 and 10/4/13 for a hazard lender-placed insurance (“LPI”) policy for your residential property issued by American Security Insurance Company, Standard Guaranty Insurance Company, Voyager Indemnity Insurance Company or other insurers, you may be entitled to claim a refund for premiums paid or for a credit for amounts owed under the hazard lender-placed insurance policy from the JP Morgan Chase Bank Hazard Lender-Placed or Force Placed Insurance Class Action Lawsuit Settlement.
JPMorgan Chase Bank, N.A. (for itself and as successor to Chase Home Finance, LLC), Chase Insurance Agency, Inc., Assurant, Inc. (“Assurant”), American Security Insurance Company, Standard Guaranty Insurance Company, and Voyager Indemnity Insurance Company (all collectively “Defendants”) have reportedly agreed to a proposed settlement of a class action lawsuit against them in the United States District Court for the Southern District of Florida (styled as Saccoccio v. JP Morgan Chase Bank, N.A., Case No. 13-cv-21107-FAM), alleging, among other things, that JP Morgan Chase placed hazard lender-placed insurance or force placed insurance (i.e., insurance placed on homeowners property to protect mortgage lender and borrower when the borrowers insurance policy lapses, or if the home owner fails to maintain an insurance policy acceptable to the lender) in such a manner where Chase allegedly received unauthorized benefits to receive purported “kickbacks” in the form of commissions from and reinsurance agreements with Assurant, American Security Insurance Company, Standard Guaranty Insurance Company and Voyager Indemnity Insurance Company, according to the JP Morgan Chase Bank Hazard Lender-Placed or Force Placed Insurance class action settlement notice.
JP Morgan Chase Bank Hazard Lender-Placed or Force Placed Insurance settlement class members reportedly includes, unless otherwise excluded, all borrowers in the U.S. who, between January 1, 2008 and October 4, 2013 (the class period), were charged by JPMorgan Chase Bank, N.A. (or Chase Home Finance, LLC) or Chase Insurance Agency, Inc. as insureds or additional insureds under a hazard lender-placed insurance LPI policy for residential property and who, during that class period, either: (i) paid to JPMorgan Chase Bank, N.A. (or Chase Home Finance, LLC or Chase Insurance Agency, Inc. the charged premium (net of refunds) for that hazard lender-placed insurance LPI policy; or (ii) did not pay to and still owe JPMorgan Chase Bank, N.A. (or Chase Home Finance, LLC) or Chase Insurance Agency, Inc. the charged premium (net of refunds) for that hazard lender-placed insurance LPI policy.
The JPMorgan Chase Bank Hazard Lender-Placed or Force Placed Insurance class action lawsuit settlement reportedly will provide total cash benefits of more than $300 million and injunctive relief. JPMorgan Chase class members who file valid claims may receive a partial refund or credit in the amount of 12.5% of the net premium of covered hazard lender-placed insurance LPI policies. JPMorgan Chase class members can file claims online at www.saccocciosettlementinfo.com/claim
For additional information regarding the JP Morgan Chase Bank Hazard Lender-Placed or Force Placed Insurance Class Action Lawsuit Settlement class members can write to Saccoccio v. JPMorgan Chase c/o GCG PO Box 35103 Seattle, WA 98124–5103, or call 1-877-308-3773 or visit the Saccoccio v. JPMorgan Chase Bank, N.A. class action settlement website at saccocciosettlementinfo.com
If You Have Thoughts On The JP Morgan Chase Bank Hazard Lender-Placed or Force Placed Insurance Class Action Lawsuit Settlement, Share Your Saccoccio v. JPMorgan Chase Bank Settlement Comments Below.
This one did me in ! I was shocked I do not even own my home
According to the world of Lenders in 2013 after spending thousands of dollars to find another place to live after a slandering , smug , investment group purchased our home June 2012 . The landlords and Companies like Fairfield were more than thrilled at all the money they could fee you for nothing like 800.00 not refundable 400.00 for pet deposit even without damages ! We found the last affordable place close to my son at his young age of 20 he had not the benefits of living at home for a bit longer and my husband had a serious heart condition happen just as the 2008 got off into the red , lost an income and waited months for LTD to kick in all the while paying his entire premium which happens when you can no longer do the same job you have done for 20 years ! I called investor to ask who force placed insurance on a home I was four months from it being one year . Called Chase Investor says why do you care you didn’t pay it . I seem to have an escrow account they can access freely anytime but unbeknownst to us . Why did they choose us to continue to harass, slander, laughed in my face when we told him they had sold it without our knowledge in October but now they are really selling it right . I think the offer of a Class Action should be a Class Tort some of us lost our retirement all in for house ! Stock market is risky, investing in MBS is or should be riskier knowing the past thirteen years ! I had to fight before and made it by the change in State . Rules were rules where we moved so I do not know everything about the laws but I do know the ones these banks or Bankers have broken are still in the game only in a different form of banking they are selling loans and then threatening those who lost everything on phone calls that they owe payday loan after loan of payday online BS ! They even threaten to put you in their sedans and kill you for five hundred dollars you do not owe . Yesterday I received another call about 350.00 that I owed or maybe it was a fraud ring I was in so my DL and my social security card was being suspended . “News” since when and in what state do you go to jail have your personal information passed from scammer to scammer until no one BELIEVES you any more even your kids think something is very wrong with Mom and Dad stressed out and afraid …. God Bless The USA because good trumps evil every time so good luck , Karma is a really horrible thing to watch from a distance ! Really it hurts my very Soul that my kids are younger and in the midst of unprecedented behavior, activity so personal you need to be armed just in case they really do come and kill you …
Anyone ???
I was charged by JPM hundreds of dollars for 19 days that I did not have home insurance which I was not aware of although the insurance agent told me that copy of the policy sent to JPM.
I HAVE TO SAY JP CHASE CHANGE MY HOUSE INSURANCE
FROM LIBERTY INSURANCE TO AMERICAN INSURANCE
BACK IN 2008 OR 210
what are they taking so long to pay us on the hazard insurance settlement? we need money to.may be now i can fix my house that they wouldn’t fix. if I get enough money please send me my share very soon. I don’t have any money need the settlement very soon some people don’t have to live from check to check I do and still cant make it because some of us don’t make enough money to pay the high cost of living. Dorothy r.
Waiting to here something on the settlement does anyone know what’s going on would like to know something. Been waiting for some time now. Could really used my share of the claim. It would really help a lot to know if we were going to get any money back. Need some one to let use know something by mail or phone .
Thank You Dave Hensley
I would love to know if we are getting any money and how much , my husband will not be working for 2 mont
He and I don’t work!
Really! This is some shit I can’t find any info on the time frame for refunds. Chase let my insurance lapse so they could put there insurance on it, sold my mortgage to another company the next day and held my escrow money for 9 months. I was not aware of there scam until the new mortgage company contacted me. They ripped thousands and thousands of us off and were still wondering what’s going on
would like to know when we will be paid they said mid summer it soon will be winter and no money the long we wait the less money they are going to give us .i paid 11% on my loan i should get up in the money for what i paid .hope i get it next week. i need it . school is in progress and i need help.people dorothy R.
From what I understand and read, 180 after the final settlement date which was Feb. 28, 2014. Wouldn’t that make it August 28,2014?
I hope August 28, 2014 will be our pay day. and we get enough to do some thing with and not no penny change. we have waited long enough.I know God see our need.
look like we got stood up again with the settlement or did any one get paid from jp morgan August 28,2014 has past what is the hold up
did any one get paid yet from the settlement if so tell me then so I can find out what happen to my money need to know were to write to .will some one let me know?
No checks yet .
NEED TO KNOW WHAT HAPPENING WITH THIS SETLEMENT BEEN WAITING THIS IS TO LONG.
has anyone got a check yet ?
no checks yet
Settlement is held up in court on appeals from someone who believes we are not getting enough back ,I think its still not enough , long story short for info you can check and call phone # 1-877-308-3773 the class action web site call leave a message and someone will get back to you at some point . But don’t hold your breath , last I heard payment may happen around end of this year .
we know we’re getting back 12.5% and also a special relief amount ($), anyone know how much that amount is ?
thanks for the info
Has anyone receive check yet? Im still wating…
Does anyone know when and how much $$$
Dorothy you should be getting back 12.5% of the enforced insurance premium chase enforced , also another relief amount of unknown $ which will also be paid , you can call 1-877-308-3773 or the saccoccio v chase settlement website , at one contact I was told possibly in December checks may role out ( may role out ) .
anyone get there refund?
any refunds yet ?
No checks as of yet 🙁
Don’t expect any real money from the class action the only one that will be benefit from our
misfortune with jp morgan chase , it will be the saccocio law firm with 20M
or 12.5% from the 300m. the rest of us we will get the shell of a peanut not the peanut. And that will happened down the road when the will pay first all the sharks, that participated to win, the case and after the will collect the bank interest on the 300m.
That is why no one of them have a real answer of when and approximately how much the will pay the victims, of the banking system will received.
So partners, lets take a # and wait for the wolfs and sharks to finish eat, then we may get a movie ticket price with soda. good luck
any refunds sent out or received yet?
June 8 2015 is the date they said refunds will be sent. you can go to www SaccoccioSettlementUpdate.com
I heard by June 8th 2015. Any body know how much the relief amounts normally are?
Has anybody received a refund yet?
June 8 is tomorow and no check for me yet. Anyone Get thier check?
IT IS A SHAME YOU WAIT ALL THIS TIME AND GET FOURTY FIVE DOLLAR FROM JP MORGAN INSURANCE SETTLEMENT CHECK.IT WAS OUR MONEY WE HAD TO PAY OUT OF OUR POCKETS THAT WE DIDN;T HAVE I KNOW I DIDN;T AND SOME GOT MILLIONS OF DOLLARS SOME OF US LOST HOMES BUT THEIR IS A GOD THAT SIT HIGH AND LOOK LOW YOU TAKE FROM ME .ONE DAY SOME ONE WILL TAKE FROM YOU. READ YOUR BIBLE YOU WILL REAP JUST WHAT SO SOW.
Anyone see a check as of yet ?
It is june 9 and still no payment. Has any one received a sacchio case settlement check yet?
Got my check yesterday. $131.75
June 8 was the date for chase to pay claims. Has anyone received anything..?
I received a check for $295.63 on June 15, which only represents one year. I had Chase’s placed policy for about 5 years. I’m thinking about writing a letter to the administrator.
It’s all a big secret it seems. Glad the giant was slain. But they could have given us more. Really I haven’t gotten anything yet.
I haven’t got anything yet. I hope I filled out the claim correctly, I wish there was some way to get confirmation that they received my info.
I got a small check , it did not equal the two years I paid into over priced insurance . not the 12.5% they said or the “extra relief from which we may benefit” from what the website said ,
the administrator should be next for class action law suit , for the mistakes on how they are paying this whole deal of $
I file a claim against JPMORGAN .with saccocciosettlementinfo.com been a year now have not heard anything over class action lawsuit and settlement comments.
Does anyone have an idea on when to expect
I didn’t receive any thing they sent my information to the wrong address and after telling them that they sent out more information for me to complete three days before the deadline and I haven’t heard from them