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Tuesday, June 11, 2013

FHFA to Hold Private "Outreach Sessions" on Lender-Placed Insurance

The American Banker has posted the schedule for a series of outreach sessions about lender-placed insurance (LPI). The two-day sessions to be held this week will cover the following topics:
  • LPI products overview
  • Regulatory requirements for continuous coverage
  • Insurance carrier overview - including a discussion of reinsurance
  • Managing general agents - including the nature of competition in LPI markets
  • Consumer advocates - including regulatory coordination to address LPI problems

For more details from the American Banker, search "FHFA LPI" and select "FHFA to Hold Private Hearings on Force-Placed Insurance."