Mar 31, 2013 09:45 EDT Oppenheim Law More "too big to fail, too big to jail" with force placed insurance. It is a bank insurance product that essentially force homeowners to purchase if they either allow their own policy to lapse – often the result of financial difficulties – or if the lender determines the what the homeowner has is insufficient. Last week, Assurant Inc. received $14 million slap on the wrist....
