fbpx
Home / News / Environment / DFS orders force-placed insurers to lower premiums

DFS orders force-placed insurers to lower premiums

After hearing testimony from insurers, the public and nonprofit groups regarding force-placed insurance policies and practices at a hearing last month, the Department of Financial Services ordered the state’s top force-placed insurers to submit lower premium rates to the DFS by July 6. Homeowner protection organizations, such as New Yorkers for Responsible Lending, say the higher ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*