PNC Bank agrees settlement over overcharging
PNC Bank is to pay $32.3m to settle a lawsuit accusing the bank of having overcharged homeowners for force-placed insurance; this follows similar settlements reached by Bank of America, HSBC Bank USA, JP Morgan, and Wells Fargo. 

By Kurt Orzeck (January 25, 2016, 10:41 PM EST) -- PNC Bank NA will pay $32.3 million to settle a Florida federal class action accusing the bank of overcharging homeowners for force-placed insurance, after Bank of America NA, HSBC Bank USA NA and others reached similar deals, a Monday filing said....

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