Lenders force-place insurance when borrowers fail to maintain coverage required as part of a loan or lease. Force-placed insurance is usually more expensive and doesn’t provide coverage for your ...

Florida borrowers were charged $795 million of a total $3.3 billion in premiums nationwide for force-placed coverage against flood, wind and all other perils, the data shows. The state’s 24.1% share ...

Management continues to expect that seasonality and the aging of large 2021 and 2022 book years will drive an increase in new delinquency notices and the delinquency rate. Colson said, "we continue to ...