Jim Gilpin
By Jim Gilpin
on December 15, 2021
Introduction Force-Placed Flood Insurance is regulated by the Joint Regulatory Agencies. The Joint Agencies consist of the FDIC, Federal Reserve, OCC, NCUA, and FCA. These joint agencies have created ...
Jim Gilpin
By Jim Gilpin
on June 22, 2020
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 ...
Jim Gilpin
By Jim Gilpin
on February 11, 2020
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 ...