HSBC to Pay Mass. Homeowners $2.7M Over Force-Placed Insurance Practices

Massachusetts Attorney General Maura Healey said national mortgage lender and servicer HSBC has agreed to pay $4 million to resolve allegations involving force-placed insurance practices. The settlement resolves allegations that HSBC received commissions and other “kickbacks” relating to force-placed insurance …

from News – Insurance Journal http://ift.tt/24f2zPS
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