EverBank Force-Placed Insurance Class Action Settlement

Settlement Structure: Claims Made

Active: Closed

Closed Settlement Statement:

According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.

Case Summary:

Plaintiffs allege that when a borrower was required to have insurance for his or her property pursuant to a Residential mortgage or home equity loan or line of credit serviced by EverBank and evidence of acceptable coverage was not provided, EverBank would place insurance in a manner such that EverBank allegedly received an unauthorized benefit. Plaintiffs allege further that EverBank did so primarily to receive alleged “kickbacks” in the form of commissions, or other alleged income or benefits from the Assurant Defendants. Plaintiffs also allege that the way in which LPI policies were obtained and placed caused the rates and the amount of coverage to be excessive.

Docket Number:


Company: EverBank Financial Corp

Filing Deadline: October 10, 2016

Class Period: January 1, 2009 to August 31, 2015

Objection Deadline: December 21, 2015

Exclusion Deadline: December 21, 2015

Final Approval Hearing: January 20, 2016

Proof of Purchase:

Claimants must provide documentation supporting their claim including ID, verification of their mortgage, or a completed notary verification.


All borrowers in the United States who, from January 1, 2009 to August 31, 2015, were charged by EverBank under a hazard, flood, flood gap, or wind-only LPI Policy for Residential property, and who either paid to EverBank the Net Premium for that LPI Policy or did not pay to and still owe EverBank the Net Premium for that LPI Policy. 

Typical Settlement Amount:

12.5% of the Net Premium charged to that class member during the class period or a credit towards future payments.

Total Settlement Amount:

Class Representative Proposed Incentive Fee:


Law Firms:
Harke Clasby & Bushman
Kozyak Tropin & Throckmorton
Podhurst Orseck

Claim Form: Class Action Claim Form

Case Name: Dwight Wilson, et al. v. EverBank, et al.

Settlement Website: Wilson v. EverBank

Claims Administrator:
Epiq Systems

Claims Administrator Contact Information:

Wilson v. EverBank
Settlement Administrator
PO Box 3145
Portland, OR 97208-3145


Tags: Deceptive Insurance Practices, Forced Placed Insurance, Your Home