Public Hearing Held for Lender-Placed Insurance Companies

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STATE OF INDIANA DEPARTMENT OF INSURANCE NOTICE OF PUBLIC HEARING Notice is hereby given of a public hearing regarding the proposed acquisition of control of Infinity Indemnity Insurance Company ("INFINITY INDEMNITY"), Infinity Insurance Company ("INFINITY INSURANCE"), Infinity Security Insurance Company ("INFINITY SECURITY"), Infinity Select

A public hearing on lender-placed insurance was held on May 17, 2012, at the New York State Department of Financial Services. After the hearing, New York State’s Governor Andrew M. Cuomo and then-Superintendent of Financial Services Benjamin M. Lawsky announced that lender-placed insurers operating in New York must lower the premiums they charge.

Lenderplaced property insurance (LPI) is subject to most of the same. Actuarial review of public data provides insights – Catastrophe costs may be plurality of entire sound rate – Some rate filings have extensively supported cost structure LPI rates should be, and have been.

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4 8. As illustrated below, Assurant held 58.6% of the nationwide market share for force-placed insurance in 2011. 3 Together, Assurant and QBE/Balboa controlled 99.7% of the market in the same year, and held no less than 96.1% between 2004 and 2011. 4 2012.

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Notice is further given to individuals with disabilities that this hearing is being held in a physically accessible place. Please notify the Division of Insurance at least 48 hours before the public hearing if you have special needs for which special arrangements must be made.

Public Hearing on Private Lender-Placed Insurance Property and Casualty Insurance (C) Committee and Market Regulation and Consumer Affairs (D) Committee National Association of Insurance Commissioners Testimony of Robert P. Hartwig, Ph.D., CPCU President & Economist Insurance Information Institute New York, NY August 9, 2012 Atlanta, GA

Public Hearing to be held Monday, September 17 in Baltimore BALTIMORE – Maryland Insurance Commissioner Al Redmer, Jr. will hold a second public hearing on insurance companies’ proposed premium rates for 2019 health insurance plans. This quasi-legislative hearing, scheduled from 10:00 am – 12 pm noon on Monday, September 17, 2018 at the.

LENDER FORCE PLACED INSURANCE LITIGATION YouTube 4 3 ATLANTA-Regulators promised to delve more deeply into lender-placed insurance, saying there may need to be more regulation of that line of business. The comments came after a public hearing held.

Lender-placed Insurance. Assurant is the leading provider of lender-placed insurance and outsourcing solutions with strong, long-term relationships with many of the nation’s top mortgage lenders and servicers. Our business offers customizable technology and solid risk management expertise.