NORWELL, Mass., Dec. 2, 2020 /PRNewswire/ — Miniter Group today announced their Christmas fundraiser for Rockland Holiday Magic. Miniter Group continues its tradition of donating toys to the ...
NORWELL, Mass., Nov. 24, 2020 /PRNewswire/ — Miniter Group today announced the launch of their quarterly newsletter as a platform to communicate relevant industry information with their existing ...
NORWELL, Mass., Oct. 13, 2020 /PRNewswire/ — Miniter Group today announces an October webinar to cover flood risk and regulation. The webinar will provide a detailed compliance refresher for loan ...
NORWELL, Mass., Aug. 4, 2020 /PRNewswire/ — Miniter Group today announces Donald Marthey has accepted a new role as the Vice President of Business Strategy and Tracking Operations. Don will oversee ...
Introduction This blog post will be the 6th and final post for this series on Challenging the Force-Placed Insurance (FPI) Business Model. We have covered the early history of FPI, discussed how ...
Introduction The history of Force-Placed Insurance would not be complete without including the force-placed flood insurance turmoil that occurred after the 2012 passage of the Biggert-Waters Act ...
Introduction In part 3, we discussed how money center banks created a force-placed insurance fee income source using captive insurance companies owned by the lenders. In this segment, we will discuss ...
Introduction To understand why the words “force-placed insurance” appear in the Dodd-Frank Law 331 times, we have to look back on how the money-center banks partnered with the force-placed insurance ...
What Is Force-Placed Insurance? Force-placed insurance is commonly used by most lenders to transfer property risk associated with Commercial, Residential, or Vehicle loans. Force-placed insurance has ...
Introduction “Challenging the Force-Placed Insurance Business Model” will take the next two blogs to review the history of Force-Placed Insurance. These blogs will be a deep dive into our past. In ...
