Federal Judge Stays Discovery In Suit Alleging Lender-Placed Insurance Scheme

Mealey's (September 8, 2016, 1:34 PM EDT) -- MIAMI — A Florida federal judge on Sept. 2 granted defendants’ motion to stay discovery pending resolution of their motions to dismiss an amended class action complaint alleging that they participated in a fraudulent scheme that overcharged borrowers for lender-placed insurance (LPI) (Jeffrey Parker, et al. v. AHMSI Insurance Agency Inc. d/b/a Belt Line Insurance Agency, et al., No. 15-23840, S.D. Fla.)....