OSC Reaffirms its Commitment to Providing Transparent, Consumer-Friendly Lender-Placed Insurance to Homeowners
KENNESAW, Ga., Apr 03, 2013 (BUSINESS WIRE, The Wall Street Journal, Yahoo Finance) -- The lender-placed insurance (LPI) industry has recently been affected by a series of regulatory announcements including the Federal Housing Finance Agency's (FHFA) notice dated March 26, 2013, to investigate the commission payments and reinsurance practices of a number of major lender-placed insurers. It is the position of OSC that ... More...