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23 Apr 2012, 10:33 am by brittania
”   The department is requiring insurers to provide information and supporting documentation, including:   - An actuarial or statistical justification for force-placed insurance rates currently on file with the Department - A detailed explanation of how rates and expected loss ratios are calculated - A detailed explanation and itemized report of insurers’ expenses relating to force-placed insurance - A detailed explanation and itemized report of the payments… [read post]