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Seventh Circuit affirms dismissal of state law claims challenging lender-placed insurance procedures on the basis that they contain alleged “kickbacks”

On November 12, 2013 by Schnader in Finance

By Christopher Reese On November 4, 2013, the Seventh Circuit affirmed the dismissal of a putative class action claiming that a lender and insurance company violated several state laws by allegedly paying and accepting “kickbacks” in connection with the purchase of lender-placed insurance. In so doing, the Seventh Circuit declined to […]

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