Reinsurance Uncertainty Taking a Toll
Another Florida property insurance company has joined more than a dozen others in the last year who placed moratoriums on writing new business or left
Another Florida property insurance company has joined more than a dozen others in the last year who placed moratoriums on writing new business or left
More Florida insurance companies could go belly up in the next 18 months. It’s a prediction being made by many insurance industry experts and it’s
As Florida lawmakers try to stabilize the troubled property-insurance system next month, they could face worsening problems with reinsurance, a critical part of the system.
TAMPA, Fla. (WFLA) — The Sunshine State, home to more than 22 million people, has an affordability problem when it comes to housing—not just for
In March 2023, both chambers of the Florida Legislature passed comprehensive, consequential tort reform bills. House Bill 837, a companion bill to Senate Bill 236, took direct aim at
At this time of year, all thoughts turn to the mid-year reinsurance renewals, particularly those for Florida, and in 2023 it’s expected to be a particularly
TALLAHASSEE — Florida consumers will have to pay an extra 1% for their insurance premiums because of property insurer insolvencies stemming in part from hurricane
Additional state legislation to hamstring what lawyers can collect is one step closer to approval. SB 1002 has cleared the rules committee in Tallahassee and
Update: See OIR’s Order to levy 2023 FIGA Emergency Assessment for All Other Account. On March 31, 2023, the FIGA Board of Directors approved a 1% emergency assessment on its
A Senate committee voted in favor Wednesday of confirming Tim Cerio, a veteran government lawyer, as CEO of Citizens Property Insurance Corp. Members of the