Category: Archive – Seminars

Fla.’s McCarty Retains Focus on Cat Issues

Apr 1, 2008

Insurance News Net Copyright:    A.M. Best Company, Inc. Source:    BestWire Services Wordcount:    323 Representing a state known for both its number of hurricanes and a booming population, Florida Insurance Commissioner Kevin McCarty has kept a spotlight on natural catastrophe issues …

Bill would let Citizens’ cash be loaned to insurers

Apr 1, 2008

St. Petersburg Times–Mar. 31, 2008 By Tom Zucco, Times Staff Writer, and Jennifer Liberto, Times Staff Writer TALLAHASSEE — A quarter of a billion dollars that state-backed Citizens Property Insurance has set aside to pay claims could be moved to …

Credit crunch hitting state storm insurance fund

Apr 1, 2008

Miami Herald–Apr. 01, 2008 BY BEATRICE E. GARCIA Because of the near-shutdown of the credit markets and rising interest rates, insurers in Florida fear the state’s hurricane catastrophe fund may not live up to its promise if a massive storm …

EDITORIAL: Extend lifeline to windstorm victims

Mar 31, 2008

Miami Herald–Mar. 30, 2008 The rainstorms inundating parts of the Midwest are a reminder that floods — like hurricanes — are recurring natural disasters that create misery in parts of this country year after year. Like hurricanes, floods are not …

Climate is a tough one for the industry in Florida

Mar 31, 2008

Orlando Sentinel–Mar. 31, 2008 Anika Myers PalmSentinel staff writer As credit rating service Fitch Ratings claimed the homeowners insurance market in Florida is so unstable that it would "collapse" if a major storm hits the state in 2008, state insurance …

Lawmakers turn attention to insurance

Mar 31, 2008

Senate plan would cap rates, but accord may be hard to reachHerald Tribune–Mar. 26, 2008 TALLAHASSEE While Florida lawmakers have eagerly embraced plans to slash property taxes, the House and Senate may have more difficulty finding agreement on another major …

EDITORIAL: Let Citizens keep money; keep premiums frozen

Mar 31, 2008

If the Legislature doesn’t let Citizens Property Insurance Corp. raise rates, the Legislature shouldn’t take money from Citizens. Palm Beach Post–Mar. 31, 2008 With property insurance still contributing to Florida’s affordability problem, one big issue this year is what to …

Legislators eye Citizens’ surplus

Mar 31, 2008

Miami Herald–Mar. 29, 2008 BY BEATRICE E. GARCIA Money earmarked to pay future insurance claims could end up funding a program to provide additional capital for start-up and newer insurance firms. A bill passed Thursday by the House Jobs and …