A federal judge has given final approval to a class action settlement brought by mortgage holders who contended that they were compelled by Citibank and its affiliates to buy excessive home insurance coverage.

Northern District Judge David Hurd (See Profile) in Utica signed off on the settlement in Casey v. Citigroup, 5:12-cv-820, calling it “fair, reasonable, and adequate [and] in the best interest of the settlement classes.”

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