Brandes on insurance bill: ‘Too little, too late’
St. Petersburg Sen. Jeff Brandes believes the recently signed property insurance bill could mitigate many of Florida’s problems – if the Legislature passed it in
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Florida carriers reliant on reinsurance face “existential challenge” – AM Best
Florida’s primary property insurance carriers that are reliant on reinsurance still face an “existential challenge” as global reinsurance firms remain reluctant to assume risks in
The fix needed for property insurance
Regarding the article “New Property Insurance Rules Approved” appearing in the May 31 edition of the Naples Daily News, it appears the Legislature has tried
Fears mount that many insurers might not be financially prepared for hurricane season, despite reforms
While most Floridians kick off summer by enjoying a long Memorial Day weekend, executives of financially shaky insurance companies will be scrambling to make sure
Florida property insurance legislation “inadequate”, says Demotech’s Petrelli
In an exclusive interview with Artemis, Joseph Petrelli, President and Co-Founder of rating agency and consultant Demotech, Inc. explained that the special session reforms passed
“We are ‘out California-ing’ California
Sen. Jeff Brandes proposed an amendment that writing old roofs apply only to the state-run insurance company (Citizens Property Insurance Company). Here are Sen. Brandes’
Florida bills limit roof refusal by insurers, add new fund
ORLANDO, Fla. – Legislation proposed by Florida lawmakers for an upcoming special session to reform the state’s property insurance market would create a $2 billion reinsurance
Property insurance fraud: Why are there so few convictions in Florida?
TAMPA, Fla. (WFLA) – In 10 days, Florida lawmakers will meet in Tallahassee for a special session meant to address soaring homeowners insurance rates. Some Floridians
Patronis announces anti-fraud initiatives ahead of special session
Florida Chief Financial Officer Jimmy Patronis announced several new proposals targeting fraud as part of the upcoming special session on insurance reform. Patronis said he
Fed up homeowners attend town hall on rising property insurance
MELBOURNE, Fla. — Dozens of Brevard County residents attended a town hall in Melbourne Thursday night addressing rising property insurance costs. What You Need To Know