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Federal regulators are tightening the rules governing the small but highly profitable force-placed Homeowners insurance market.

Federal regulators Thursday moved to tighten the regulations governing the small but highly profitable forced-place homeowners insurance marketand more is on the way.

Federal regulators Thursday moved to tighten the regulations governing the small but highly profitable forced-place homeowners insurance marketand more is on the way.

Regulators promised to delve more deeply into lender-placed insurance, saying there may need to be more regulation of that line of business.

Regulators promised to delve more deeply into lender-placed insurance, saying there may need to be more regulation of that line of business.

New York States hearings last month on force-placed insurance appear to be just the beginning of an effort to reform industry practices around the coverage nationwide.

New York States hearings last month on force-placed insurance appear to be just the beginning of an effort to reform industry practices around the coverage nationwide.

The lack of competition and exorbitant rate charges point to a need for strong regulation of force-placed insurance programs, say consumer advocates in New York.