Category: Florida Insurance and Political Headlines
Mar 6, 2009
To view a complete story, click on the headline below: Florida Lawmakers want State Farm back, at any price Leaders from both parties urged Insurance Commissioner Kevin McCarty to try to bring State Farm Florida back into the property insurance …
Mar 5, 2009
To view a complete story, click on the headline below: Florida Bills Would Shift Hurricane Risk To State Similar bills introduced in both houses of the Florida Legislature would shift coverage for hurricanes from private insurers to the state-a move …
Mar 4, 2009
Above: Florida Gov. Charlie Crist called his Tuesday State of the State address ‘a dose of reality.’ PHOTO CREDIT: SCOTT KEELER/ST. PETERSBURG TIMES To view a complete story, click on the headline below: Session Opens; “Be Concerned,” Cretul Warns …
Mar 3, 2009
To view a complete story, click on the headline below: THE NEWS SERVICE OF FLORIDA: GROUP–CAT Fund A Paper Tiger Florida’s $29 billion hurricane safety net couldn’t fulfill its duties without federal aid or the backing of Florida’s …
Mar 2, 2009
House photo by Mark Foley Above: Rep. Dean Cannon, R-Winter Park, center, addresses Republican colleagues and Gov. Charlie Crist, right, on the House floor March 2, 2009. Cannon was formally selected by his Republican colleagues as the Florida House …
Feb 27, 2009
To view a complete story, click on a headline below: Florida Citizens’ Board Member With Ties to Sansom Resigns A key figure in allegations that former House Speaker Ray Sansom misused his previous office as the chamber’s budget …
Feb 27, 2009
State Farm Insurance Company announced that its net worth has decreased by $10.4 billion (16 percent) in 2008, and the company will end the year at $53.3 billion. State Farm cites a drop in equity values and catastrophe losses that …
Feb 26, 2009
The News Service of Florida reported that U.S. Senator Bill Nelson and Florida Chief Financial Officer Alex Sink plan to meet on Friday, February 27 to discuss proposed federal catastrophe backstop legislation and other ways of reducing Florida’s storm risk …
Feb 26, 2009
To view a complete story, click on a headline below: Zurich Integrated Products Now Accepting New Business in Florida, Southeast, South Central U.S. Zurich North America Commercial announced today that it will begin accepting new business in 11 …
Feb 25, 2009
To view a complete story, click on a headline below: Bernanke Says Federal Regulators Lack Power Over Insurers Federal regulators lack the power to deal appropriately with insurers and other non-banking institutions that get into the kind of …