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American Servicing Company / insurance fraud

1 United States

We live in minnesota and recently settled a claim with our insurance carrier for damage from water leak. Our check is for 92, 000.00 and ASC wants us to send it out of state for them to manage even though they do not have any in state inspectors for the work to be performed. My insurance CO thinks this is unusual and said by law the check needed to be endorsed by them and my husband. I am very worried they will steal this money and not negotiate in good faith to get the contractors paid and i will wind up with a lein on my house. Why can't wells fargo locally handle this or my title company? Please help or tell me if you had problems.. ASC has been a pain ever since our mortgage was serviced by them.

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