Class Eligibility

Class Members of the Select Portfolio Servicing settlement include the following: “All Borrowers in the United States who, within the Class Period [July 11, 2010 through Oct. 15, 2015], were charged by SPS under a hazard or wind-only LPI Policy for Residential property and who, within the Class Period, either (i) paid to SPS the Net Premium for that LPI Policy or (ii) did not pay to and still owe SPS the Net Premium for that LPI Policy.”

Estimated Amount

Varies Eligible Class Members who file timely and valid Claim Forms will receive a cash award or a credit of an amount equal to 12.5 percent, 6.5 percent or 5 percent of the net premium they were charged by SPS during the Class Period.
Proof of Purchase
yes
Case Name
Juan Almanzar, et al. v. Select Portfolio Servicing Inc., et al., Case No. 14-cv-22586 District Court for the Southern District of Florida
Case Summary
This lawsuit alleges that Select Portfolio Servicing Inc. (SPS) force-placed insurance on borrowers’ property in such a way that SPS received an unauthorized benefit. The plaintiffs allege SPS force-placed insurance policies in order to receive unauthorized benefits in the form of “kickbacks” from the Assurant defendants. These kickbacks allegedly were handed down in the form of commissions, profits or other income or benefits from the Assurant defendants.
Settlement Pool
N/A
Deadline
07/25/2016
Contact
Claims Administrator c/o Rust Consulting P.O. Box 2445 Faribault, MN 55021-9140 1-855-287-1273

11 responses to “Select Portfolio Servicing Force-Placed Insurance Settlement”

  1. Penny Sellers says:

    I would like to find out if I have been included in this settlement. The last I check I was. If so, can you please let me know when I will be getting a check. Thanks.

    Account# 0013157003 address was: 5782 Canterbury Rd. Akron Ohio 44319

    Penny D. Sellers
    Frank T. Sellers
    Our new address is 9655 Emerald Bluff Cir. NW Canal Fulton, Ohio 44614

    Reply

    ADMIN- Hi Penny,

    This website is purely informational, we are not the administrators of the settlement. To get info about the settlement you need to call the number we provided above.

  2. Josie W.M. Latimore says:

    I would like to know was my name add to the settlement ! How do i check.

    Thanks,

    Josie m.w latimore

    ADMIN – Hi Josie,

    If you filed a claim you can check if it was approved by contacting the class action administrator.

  3. Rita says:

    Has this case been settled yet?

    ADMIN – Hi Rita,

    I heard from someone that checks were coming out soon but it would be best if you contact the admin

    855-287-1273

  4. Dina Coleman says:

    Hello and to whom this may concern. Im Dina Coleman and i was forced to pay for this insurance for at least 10 to 15yrs.I was only giving a very small amount back. How do i calculate what is definitely due to me? You can contact me at email address: sweetestcanb@ gmail.com.

    ADMIN – Hi Dina,

    You don’t need to calculate a thing. You need to file a claim. Once the admin validates your claim he will decide how much you get using the terms set forth by the settlement.

  5. Araceli Marquez says:

    I tried to log in in the website but it doesnt let me create an account or file a claim, i just found out about this class action lawsuit and i have been forced place insurance from 2010 til now 2017. Please advise what I need to do to add myself to the claim, thanks!

    ADMIN – Hi Araceli,

    The deadline has passed and you are no longer eligible.

  6. Nicole says:

    How do you know that the minute amount I received from this settlement is correct According to the percentage they are supposed to be paying?? This company is nothing but a bunch of crooks. The check I received is nothing compared to the tens of thousands I have paid to them for forced place insurance after repeatedly sending proof that I had insurance on my home. We have fought and fought this crooked company for several years now and they are still doing the same crap month after month, when does it end???

    ADMIN – Hi Nicole,

    The amount is correct but it may not be fair. Sometimes the wisest move is to ask to be excluded from a claim and get your own lawyer.

  7. Keisha says:

    I have received a check, however the check has expired and I am trying to find a way to contact someone to have another check issued. The phone number to contact the Claims Administrator is now out of service and the wed site provided is not accessible any longer either. Who can I speak to and how can I reach them if the 1-855-287-1273 is no longer in service.

    ADMIN – Hi Keisha,

    Once the admin has closed you no longer have recourse. I am sorry.

  8. Kevin Kennedy says:

    Did the lawyers who did the lawsuit disappear? I got a check in the mail a while ago but my wife threw it in the old mail pile now it’s expired and I need to find out how to got a new one. But all the numbers are disconnected. What’s the deal? Thank you.

    ADMIN – Hi Kevin,

    Once the expiration date for the checks take place the remaining funds are either part of a second distribution or the monies are donated to charity. You do not have recourse to recoup your money.

  9. Cindra B. Long says:

    I have never received any type of payment from the lawsuit even though I was a part of it, how do I find out why I never received any money from the lawsuit?

    ADMIN – Hi Cindra,

    You can try reaching out to the class action admin

  10. SANDRA ELLIOTT says:

    I never received anything from Select Portfolio and I would like to make a claim and receive my payment.
    Sandra Elliott

    • Angelica (Admin) says:

      Hi, Sandra. Sorry, but there’s been a misunderstanding.  We can’t add you to the settlement class members’ list, for several reasons: 1) We are *not* the settlement administrator of this case — we are only a class action settlements newspaper; and 2) this case’s claims deadline already passed — please review the deadline above.