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Remaining NY Force-Placed Insurers Sign Up For Reforms

By Bibeka Shrestha (May 30, 2013, 5:41 PM EDT) -- Following the lead of QBE Holdings Inc. and Assurant Inc., the four other force-placed insurers in New York have promised not to pay commissions, or kickbacks, to banks for their force-placed business, including one carrier that will pay a $1 million penalty, a state regulator said Thursday....

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