Federal judge approves JPMorgan Chase settlement in class-action insurance case

  • by: MICHAEL VIRTANEN , Associated Press
  • Updated: February 28, 2014 - 4:05 PM

ALBANY, N.Y. — A federal judge approved a settlement Friday of a class-action lawsuit against JPMorgan Chase for its force-placed insurance practices, an agreement that could pay more than $300 million to about 750,000 mortgage borrowers.

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