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November 03, 2007
Loan Insurance Class Action Settles for $45 Million
A nationwide class action over insurance policies that consumers buy when they take out retail loans has settled for $45 million. The litigation was over what are called credit life and credit disability insurance policies, which consumers buy when they take out a loan to buy, for example, a car. The settlement provides that JMIC Life Insurance will not object to an attorney fees award of up to
From Loan Insurance Class Action Settles for $45 Million
Posted by Mel at November 3, 2007 11:18 AM
