News & Updates

collateral protection

OIR Scrutinizing Lender-Placed Insurance

OIR Scrutinizing Lender-Placed Insurance

The Florida Office of Insurance Regulation and Insurance Commissioner Kevin McCarty continue to take a close look at lender-placed or force-placed insurance.  In its most recent action, the OIR announced on Friday that it intends to disapprove a recent rate filing submitted by Praetorian Insurance Company (Praetorian). Praetorian submitted a rate filing proposing a modest statewide decrease […]

Continue Reading →