NU Online News Service, Aug. 13, 2:51 p.m. EDT
Florida's denial of QBE's rate request for force-placed insurance business could impact the company's competitor, Assurant, and have a broader impact across the country, says a financial analyst.
On Friday, Florida's office of Insurance Regulation issued an order to QBE's force-placed insurance company, Praetorian Insurance Co., denying a request for 2.2 percent reduction in premiums covering its book of force-placed insurance.
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