Category: Florida Insurance and Political Headlines

Flooding Continues In Bonita Springs In Bonita Springs roads are still impassable, and people are stuck at home waiting for the water to recede.   Risa Morris reports for NBC. IRS Looking To Collect Nearly $8 Million From Former Florida Insurer …

Florida Workers’ Comp Premiums Going Down? NCCI Files for 9.6% Decrease Just under a year since Florida Workers’ Compensation Rates shot up by 14.5 percent, Florida Businesses may get some relief in their Workers’ Comp Premiums.  Insurance Journal’s Amy O’Connor …

  Universal Insurance Holdings, Inc. to be Honored By Women Executive Leadership Florida for Advancing Gender Diversity in The Boardroom Universal Insurance Holdings, Inc. (NYSE: UVE) announced today that it will be honored at the Women Executive Leadership Florida 2017 …

  Florida Workers’ Comp Rates Could Decrease In 2018 Florida Businesses could see Workers’ Compensation Insurance Premiums Decrease in 2018, after a tumultuous period that included a Double-Digit Rate Hike late last year and a Lobbying Battle about whether to …

  Alron Construction LLC Claims State Farm Should Reimburse It For Home Repairs The Plaintiff holds State Farm Florida Insurance Co. responsible because the Defendant allegedly refused payment for all of Plaintiff’s Covered Losses.  The Florida Record reports.   Insurer …

  25 Years Later: How Florida’s Insurance Industry Has Changed Since Hurricane Andrew Andrew was responsible for the failure of at least 16 Insurers between 1992 and 1993.  Insurance Journal’s Amy O’Connor reports.   Facebook Friendship Doesn’t Disqualify Judge in …

  Senator Flores Rips Citizens’ Rate Hike The Florida Senate’s Insurance Chairwoman blasted a Proposed Rate Hike up to 10 percent in South Florida by Citizens Property Insurance Corp. Wednesday and said she will consider Legislation to Limit its “Borderline …

  Sawgrass Mutual Signs Consent Order, New Home Sought For Customers Under an Order of Administrative Supervision, Regulators are “Working with Sawgrass Mutual Insurance Co. and interested Parties to develop a Wind-Down Plan for the Company, which includes the orderly …

  Demotech Issues Series of Florida Insurer Financial Stability Ratings Demotech’s philosophy is to Review and Evaluate Insurers based on their area of focus and execution of their business model rather than solely on financial size.   South Florida Water …

  A Hurricane Andrew Repeat Would Cost $56 Billion In The US If Hurricane Andrew were to recur today the expected total industry insured losses, based on today’s exposures, would be approximately $56 Billion in the US.  The Intelligent Insurer …