"Not only could Florida families end up being required to accept expensive and inadequate forced-placed coverage from their lender, but a 'rug-pull' of this magnitude would expose over 115,000 Florida insurance agents to litigation risks," Florida CFO Jimmy Patronis wrote in a letter to the Federal Housing Finance Agency. (Credit: Felix Mizioznikov/Shutterstock.com)
Editor's note (10:55 EST): This story has been updated to include comments from the Florida Association of Insurance Agents starting in paragraph nine.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
