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New York Gov. Cuomo Announces Plans to Reform the Force-Placed Insurance Industry

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House Atop Money/Credit: Creatas

New York Gov. Andrew M. Cuomo announced that his administration is proposing a groundbreaking set of new rules to reform the force-placed insurance industry. The Department of Financial Services (DFS) regulations will help protect homeowners from abuse; eliminate kickbacks in the industry that drove up premiums; and save homeowners, taxpayers and investors millions of dollars going forward through lower rates.Click to continue


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