Monthly Archives: March 2019

Illegal Kickbacks in Force-Placed Insurance

Homeowners, government agencies and even attorneys are paying closer attention to financial institutions these days as more and more are being accused of receiving illegal kickbacks for force-placing insurance for their clients. While it is required for homeowners to have insurance coverage, and it is legal for lenders to force-place insurance if their coverage lapses… Read more »

Wells Fargo in the Hot Seat Again

Wells Fargo just can’t seem to stay out of trouble these days. Separate from other recent settlements over the years, the latest allegations have cost them not only money, but their license in California as well. For the next 3 years, the Bank will be prohibited from selling or brokering personal insurance in the State… Read more »

Evolution of Cyber Insurance

Cyber Insurance, a term that didn’t even exist until the 1990’s, has been developed, studied, transformed and expanded to meet the needs of businesses facing cyber threats, since its inception not all that long ago. As dot-com businesses began to surface, and companies were growing faster than the technology was able keep up with, systems… Read more »