Insurers Respond To Claims That They Overcharged Borrowers In Kickback Scheme

(April 12, 2016, 7:53 AM EDT) -- MIAMI — Insurers on April 1 moved a Florida federal court to dismiss an amended class action complaint alleging that they participated in a fraudulent scheme that overcharged borrowers for lender-placed insurance (LPI), arguing that the claims are barred by the filed-rate doctrine (Jeffrey Parker, et al. v. AHMSI Insurance Agency Inc. d/b/a Belt Line Insurance Agency, et al., No. 15-23840, S.D. Fla.).

(Motion to dismiss amended class action complaint available. Document #13-160421-002M.)

Residential mortgagors Jeffrey Parker, Sandra Parker, Gerald Nungester and Shelia Nungester filed an...
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