Deceptive Trade Practice

COVID-19 Business Interruption Insurance Investigation

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Migliaccio & Rathod LLP is currently investigating insurance providers across the U.S. for failure to pay claims to businesses impacted by the COVID-19 pandemic who had purchased business interruption coverage in their insurance plans. Business interruption insurance, typically sold as an add-on to existing property and casualty insurance policies, is meant to cover revenue losses […]

Insurance

Roundpoint Forced Place Insurance Investigation

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What is Force-Placed Insurance?Force-Placed Insurance is a practice through which financial services companies (banks, lenders, and loan servicers) force a borrower to maintain insurance on the borrower’s residence. Most mortgages require the maintenance of a homeowners insurance, flood insurance, or wind insurance policy on the residence subject to the mortgage. If the insurance policy lapses […]