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:This settlement resolves a class action alleging that when EverBank force-placed homeowner’s insurance, it did it in such a manner as to receive a kickback, and also in a way that resulted in excessive rates and coverage amounts.
Docket Number:1:14-cv-22264-Bloom
Company: EverBank Financial Corp
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:Proof of identity for those who are eligible for a cash payment; claims will be checked against EverBankâs records.
Eligibility:You may be eligible if you were charged by EverBank or Everhome Mortgage, between January 1, 2009 and August 31, 2015, as an insured or additional insured, for a residential hazard, flood, flood-gap, or wind-only lender-placed insurance policy for your home, issued by American Security Insurance Company, Voyager Indemnity Insurance Company, Standard Guaranty Insurance Company, or another insurance company.
Typical Settlement Amount:Varies. A payment (for those who paid the premiums) or escrow account credit (for those who still owe for premiums) in the amount of 12.5% of the net premium for the policy in question.
Total Settlement Amount: NA
Class Representative Proposed Incentive Fee:$5,000
Law Firm:
Kozyak Tropin & Throckmorton
Claim Form: Wilson Settlement Claim Form
Case Name: Wilson v. Everbank
Settlement Website: Wilson Settlement Website
Claims Administrator:
Epiq Systems, Inc.
Wilson v. EverBankâ¨Settlement Administrator
PO Box 3145
Portland, OR 97208-3145
877-283-6568
info@WilsonSettlementInfo.com
Tags: Deceptive Insurance Practices, Forced Placed Insurance, Homeowners Insurance, Your Bank, Your Home