Can a bank put a hold on funds for lack of endorsement after an insurance check has already cleared? The check has been cleared for three months and funds are just sitting in my account with a hold. The bank already released some of the funds from this check.
Contact the bank. It's possible it has received a claim from the insurance company's bank that the endorsements on the check aren't sufficient. For example, many insurance checks are payable jointly to two or more payees. If one of the payees didn't endorse the check and made a claim to the insurance company that it didn't receive its share of the check proceeds, the insurance company can have a claim against its bank for paying the check without adequate endorsements, and that bank can have a claim against your bank's warranty that essentially says it had clear title to the check. Such a claim would be enough of a reason for your bank to hold funds in your account. It has a claim against you if the endorsements aren't complete, too.
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Contact the bank. It's possible it has received a claim from the insurance company's bank that the endorsements on the check aren't sufficient. For example, many insurance checks are payable jointly to two or more 