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February 07, 2016

FLORIDA and LENDER FORCE-PLACED INSURANCE PRACTICES WIND 2016

  House photo.05.08.15.3 Copyright 2015 by Dennis J. Wall.

 

Recent statistics about Florida and Lender Force-Placed Insurance show that total U.S. premiums for LFPI were $3.5 Billion when total Florida premiums for LFPI were over 1/3 of that amount at $1.2 Billion.

Further, 35% of all LFPI policies were written in Florida.

There is every reason to think that Florida's role in the LFPI market has not changed much.

Source:  Statistics stated for 2011.

Please Read The Disclaimer.  ©2016 by Dennis J. Wall, author of "Lender Force-Placed Insurance Practices" (American Bar Association 2015).  All rights reserved.

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Posted by on February 07, 2016 at 05:33 AM in Current Affairs, Force Placed Insurance |

Tags: Florida, lender force placed insurance, policies, premiums, WIND 2016

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