Every dollar amount and date on this page is quoted from the official settlement document.
Republic Mortgage Insurance Wage Settlement
Court case: Allison v Republic Mortgage Insurance Company
RMIC Profit-Sharing Plan participants whose account balances were cut by the January 2024 market value adjustment are covered, with payments from a Qualified Settlement Fund.
Official eligibility wordingAll participants in the RMIC Profit-Sharing Plan whose account balances were reduced by the market value adjustment to the GIA in or around January 2024, and their beneficiaries of record and alternate payees, excluding Plan fiduciaries. Checked against the official settlement source by SettleSignal on June 22, 2026.
Key facts
- Who may qualify You may qualify if you participated in the RMIC Profit-Sharing Plan and your account balance was reduced by the market value adjustment to the GIA in or around January 2024, or you are a beneficiary of record or alternate payee.
- Estimated payoutQualified Settlement Fund
- What you needNothing to file — payment is sent automatically to people the administrator identifies.
- CourtUnited States District Court for the Middle District of North Carolina
Verify it yourself
How we verified this record
- Payout details Jun 20, 2026
- Eligibility Jun 15, 2026
- Court case Jun 22, 2026
- Payment status Jun 22, 2026
- 4 fields queued for re-check
7 official sources linked to this record.
-
Eligibility summary Quoted in the official eligibility wording above ↑
Verified Jun 15, 2026
-
Payment status
Final approval pending
Verified Jun 22, 2026
-
Estimated payout
Qualified Settlement Fund
Verified Jun 20, 2026
-
Court
United States District Court for the Middle District of North Carolina
Verified Jun 22, 2026
Show all 4 more verified fields
-
Automatic refund
Yes — automatic, no claim needed
Verified Jun 22, 2026
-
Court case number
1:24-cv-00950-CCE-LPA
Verified Jun 22, 2026
Case No. 1:24-cv-00950-CCE-LPA (M.D.N.C.)
-
No-claim explanation
Settlement funds will be allocated to Settlement Class Members according to a Plan of Allocation approved by the Court; no claim form is mentioned in the notice.
Verified Jun 22, 2026
-
Case name
Allison v. Republic Mortgage Insurance Company
Verified Jun 22, 2026
Allison v. Republic Mortgage Insurance Company, Case No. 1:24-cv-00950-CCE-LPA (M.D.N.C.)
Where to act
No claim form is needed — the official administrator issues this refund automatically; confirm your eligibility and contact details on the official source.
No claim needed — payment is automatic
If you qualify, the settlement pays you automatically. There's nothing to file — just keep an eye on your mail or account around the payment date.
