HSBC, Wells Fargo Settle Force-Placed Insurance Claims

By Edvard Pettersson and Susannah Nesmith | March 7, 2014

  • April 7, 2014 at 6:54 am
    David says:
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    HSBC is a criminal enterprise and a nightmare to work with. Yes they somehow canceled my insurance and may me pay through scroll way more then what it cost me to buy my own.

  • June 23, 2014 at 2:09 pm
    DESIREE says:
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    I know Wells got me twice on july 31, 2013 and April 3 2014, on flood ins..I donot think that was right … I do hope they get theirs,, The rich is getting richer and we are getting poorer… It’s sad that business do this to people… no wounder we can not get ahead because of business like them…

  • June 23, 2014 at 2:39 pm
    Gerald and Nancy Gouger says:
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    We sold our house in a short sale in 2012. Are we eligible?

  • June 23, 2014 at 4:18 pm
    `bobby wiley says:
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    do this settlement apply to the state of northcarolina also. is it any state where you were forced to buy their insurance.

  • June 23, 2014 at 7:43 pm
    Frances M Coffey says:
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    I received 7 letters today from Fladell, and I don’t know what to do.. I called We;;s Fargo and they gave me this web site.. If you can tell me what I must do I will give it some thought.. Do I have to open all 7 letters?? Please advise me..

  • June 25, 2014 at 5:34 pm
    D Swincher says:
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    Looks like settlement is projected to be 11% of “net” policy cost? So if you were charged for and paid for a force placed $7,000 policy that can be bought anywhere for $1,500, you get back 11% of the difference? About $600? What happened to the rest?

  • June 30, 2014 at 12:16 pm
    Frances Coffey says:
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    You still didn’t advise me to what to do?? I don’t understand all this insurance business, all I do is pay what you all say.. since we are all insurance poor and have no say in the insurance business, I need you to advise me in what to do..

  • June 30, 2014 at 12:27 pm
    Frances Coffey says:
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    You still didn’t advise me as what to do. Do I get all 7 notices notarized or what??

  • July 5, 2014 at 6:15 pm
    michael spicer says:
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    I have a mortgage with wells fargo i have a100% on time payment record and a credit score in the eight hundreds that company treated me with less respect than you would have for a cockroach crawling in your cereal box never been mistreated or disrespected in my entire life what they did to me should be illegal if it isn’t already .they don’t deserve my business or any one else

  • July 7, 2014 at 3:50 pm
    renee says:
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    July 7, 2014

    I received 2 class action claim forms for Wells Fargo…I have been in my home since 2001. I do recall in past years Wells Fargo sending me a notice that I had insufficient coverage for my home ..I needed to be covered for the replacement cost of my home 216,000.00. I notified my insurance co. we adjusted the amt of insurance carried.(The amount taken for my home mtg was only 45,000.00) Then I was notified that what ever the amt of insurance I carried on my home I also needed to carry that amt in FLOOD insurance also . When I notified my insurance agency of this, they told me not according to the flood zone I was in. I know I was charged for a couple of years by Wells Fargo for an extra ” Flood Gap insurance out of my escrow acct for this shortage” I pay 1,212.00 in flood insurance every year…PLEASE CONTACT ME VIA E-MAIL , I NEED SOME ANSWERS
    THANK YOU

  • July 9, 2014 at 11:37 pm
    Delores Hamilton says:
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    I have been with wells fargo since 2006, what do I need to do to submit a claim form, for the class action suit.

  • July 15, 2014 at 7:20 pm
    curtis ray says:
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    We live in Mississippi. Please let me know if we are eligible for any money.
    We lived at 882 Riverside rd
    Hollandale, ms. 38748
    662 931 1308

  • July 15, 2014 at 7:22 pm
    curtis ray says:
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    Why were we sent 5 different claims



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