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JPMorgan Chase Agrees to Settle Forced-Placed Insurance Class-Action Lawsuit for $300 Million

Robert M. Siegel
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In the wake of recent malware attacks, carriers are rewriting insurance policies to cover “cyberterrorism,” while continuing to exclude “war or hostile acts.” Read to learn what the Merck court case decision may push carriers to do in order to resolve the apparent conflict be...
Financial Services Watch Blog April 30, 2018
Ten years after the financial crisis, mortgage companies and regional/local banks are still getting hit with new breach of contract and indemnification claims related to loans sold before the crisis. The latest case in point involves demand letters that JPMorgan Chase is sending out to lenders throu...
Financial Services Watch Blog April 05, 2018
Banks and other financial institutions might reasonably have expected that, 10 years after the collapse of Bear Stearns and the demise of Lehman Brothers, they would finally be free and clear of lawsuits spawned by the financial crisis. That has not come to pass. Nor does freedom from legal actions ...
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