Category: Archive – Seminars

What does this mean for existing policyholders?

May 15, 2008

Miami Herald–May 15, 2008 BY BEATRICE E. GARCIA Florida Insurance Commissioner Kevin McCarty has suspended Allstate companies from writing new policies in Florida for refusing to comply fully with a state subpoena. How does this move affect policyholders? Here are …

Allstate cannot write new policies in Florida

May 15, 2008

The state bars the insurer from writing policies till it complies with a subpoena. Anika Myers PalmSentinel Staff WriterOrlando Sentinel–May 15, 2008 No new policies for Allstate — at least for now. The state has once again blocked the giant …

Get ready to dig deeper

May 15, 2008

St. Petersburg Times–May 14, 2008 By Jennifer Liberto, Times Staff Writer TALLAHASSEE — Floridians’ bill for the 2004 and 2005 hurricanes is about to grow another $600-million. The state catastrophe fund, which sells cheap reinsurance to insurers, needs to collect …

Fires test new insurers, homeowners’ policies

May 15, 2008

Agents go to work for owners of burned homes Florida Today–May 15, 2008 Wildfires probably were not the catastrophe Brevard County homeowners feared most as thousands scrambled in recent months to find companies to insure their homes. But as hurricane …

Appeals court: State can bar Allstate

May 14, 2008

Miami Herald–May. 14, 2008 An appeals court says the state can prevent Allstate Companies from selling new property insurance policies in Florida. The 1st District Court of Appeal ruled Wednesday that a state ban on new policies by the company …

108 fires raging in state, leveling homes

May 14, 2008

Miami Herald–May 14, 2008 BY PHIL LONG Firefighters appeared to be winning their battle on Tuesday against wildfires that destroyed more than 60 homes in this Brevard County community — fires that authorities believe were intentionally set. Though blazes were …

At hurricane conference, attention turns to fires

May 14, 2008

Orlando Sentinel–May 14, 2008 Juan Ortega South Florida Sun-sentinel FORT LAUDERDALE George Robins says disaster has weighed heavily on his mind lately. As he sat in a class about emergencies at the Broward County Convention Center on Tuesday, he also …

Fla. wildfires hit 160 homes; arsonists sought

May 14, 2008

Bradenton Herald–May 13, 2008 By TRAVIS REED Associated Press Writer Investigators searched Tuesday for one or more arsonists behind a string of stubborn wildfires that have destroyed or damaged more than 160 homes on Florida’s Atlantic coast. Firefighters in Brevard …

Board won’t exclude 2 investment firms from Fla. bidding

May 14, 2008

The Gainesville Sun–May 13, 2008 The Associated Press TALLAHASSEE, Fla.- Two major investment firms will advise Florida on financing its hurricane catastrophe insurance fund although Gov. Charlie Crist tried to exclude them Tuesday. Crist wanted to keep Lehman Brothers and …

FHCF Advisory Council Meeting

May 14, 2008

The Florida Hurricane Catastrophe Fund will hold an Advisory Council meeting Wednesday, May 14, 2008, from 9:00 a.m.-1:00 p.m. in Room 116 (Hermitage Conference Room), 1801 Hermitage Blvd., Tallahassee, Florida. The call-in number for this meeting is: 888.808.6959; conference code: …