Lenders force-place insurance when borrowers fail to maintain coverage required as part of a loan or lease. Force-placed insurance is usually more expensive and doesn’t provide coverage for your ...
Florida borrowers were charged $795 million of a total $3.3 billion in premiums nationwide for force-placed coverage against flood, wind and all other perils, the data shows. The state’s 24.1% share ...
March 21 (Reuters) - New York state regulators said they have reached a settlement with Assurant Inc over "force-placed" insurance policies, with the insurer agreeing to pay $14 million in civil ...
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