American Modern Insurance Group fined $1M for over-charging on force-placed insurance

The state of Minnesota announced earlier this week that it is fining American Modern Insurance Group $1 million for over-charging Minnesota residents for force-placed insurance. American Modern Insurance Group will also be required to cut its insurance rates by 43% and provide refunds to the affected homeowners. http://www.housingwire.com/articles/37428-american-modern-insurance-group-fined-1m-for-over-charging-on-force-placed-insurance ❤️ #share #mortgage

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