Banks’ Force-Placed Insurance Practices Draws Attention Of Attorneys General

Last year, Assurant collected roughly $2.7 billion of premiums through its specialty insurance division, making force-placed insurance the company’s most profitable segment. Jeff Horwitz, Insurance Networking News Few of the restrictions in the proposed attorneys generals’ settlement of mortgage servicing practices are as absolute as the prohibition of profiting from force-placed insurance. Under the settlement’s […]