Category: Florida Insurance and Political Headlines
Jul 17, 2009
A.M. Best, in conjunction with management and consulting company Accenture, hosted a Webinar entitled “Cutting-Edge Claims Management” on July 15, 2009. The Webinar explored how, with the current negative trend in underwriting results for the United States property and casualty …
Jul 16, 2009
To view a complete story, click on a headline below: State Farm Florida Withdrawal Plan May Go To Judge After months of trying, Florida state officials and State Farm Florida have been unable to agree on the details of …
Jul 15, 2009
To view a complete story, click on a headline below: Today Is Hearing Deadline for State Farm Florida Exit Plan Today is an important deadline in the process of settling the terms of State Farm’s withdrawal from the Florida insurance …
Jul 14, 2009
To view a complete story, click on a headline below: Rating lowered for insurer formerly known as Allstate Allstate was Florida’s second-largest private property insurer when four hurricanes walloped the state in 2004. Commentary: It’s Back to Square One …
Jul 14, 2009
Washington, D.C., July 14, 2009 – The Securities and Exchange Commission today announced fraud charges and an asset freeze against a Weston, Fla., resident who stole more than $15 million in investor funds to purchase a multi-million dollar home, luxury …
Jul 13, 2009
To view a complete story, click on a headline below: PCI: Insurers are ready in case of disaster As we head into the active months of the hurricane season, Floridians can take some comfort in knowing that this year lawmakers …
Jul 10, 2009
To view a complete story, click on a headline below: State Farm may keep property insurance in Florida, commissioner says State Farm, the largest private property insurer in Florida, may decide not to leave the state, Insurance Commissioner Kevin …
Jul 9, 2009
To view a complete story, click on a headline below: Citizens Rates In Flux Most customers will see 10 percent hike, But many were already paying too much and will now see rates go down. While most property owners …
Jul 8, 2009
To view a complete story, click on a headline below: Citizens Property Insurance board approves 10 percent rate hike Ending a three-year rate freeze, the board of state-run Citizens Property Insurance on Wednesday approved raising rates on most policyholders …
Jul 7, 2009
To view a complete story, click on a headline below: Florida‘s New Insurers Won’t Pick Up State Farm Slack, McCarty Says Florida Insurance Commissioner Kevin McCarty said the 54 property insurers backed by nearly $5 billion in capital that have …