Following Lippitt v. Nationstar Mortgage, LLC (C.D.Cal. 2020) 2020 U.S. Dist. Lexis 122881, this decision holds that Civ. Code 2954.8 does not apply to (or require payment of interest on) hazard insurance proceeds that a lender or loan servicer holds pending the borrower/insured’s rebulding or repairing the premises that secures his loan.  Section 2954.8 “applies to common escrows maintained to pay taxes, assessments, and insurance premiums — not to the comparatively unique example of hazard insurance proceeds held by a lender pending property rebuilding.”