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Tag: forced-placed deal

JPMorgan's $300M Forced-Placed Deal Sets Up Domino Effect

Mon Sep 23, 2013 by on Florida Law News

The original article was written by Bibeka Shrestha for Law360 with quotes from Roy Oppenheim republished  in the South Florida Law Blog.  JPMorgan Chase NA and Assurant Inc.’s $300 million settlement of a class action claiming they profited handsomely from high rates on forced-placed insurance policies will energize plaintiffs to pursue similar blockbuster deals at a time attorneys say force-placed actions are ripe for resolution. […]