Category: Florida News
May 19, 2008
Palm Beach Post–May 18, 2008 By RANDY DIAMOND Palm Beach Post Staff Writer A property insurance company devoted solely to insuring the houses of Florida’s richest residents received a $17 million low-interest state loan that enabled multimillionaires to save an …
May 19, 2008
Orlando Sentinel–May 17, 2008 It’s risky business getting too enthusiastic about the state’s efforts to rein in the property insurance industry. Last year’s reforms, remember, fell far short of the promised 24 percent reduction in premiums for policy holders. Still, …
May 19, 2008
Hurricane season starts in two weeks. Bradenton Herald–May 18, 2008 Even more frightening: One of the biggest pocketbook issues over the past year – property insurance rates – got short shrift from the Legislature this session. There was plenty of …
May 19, 2008
 To view a complete story, click on a headline below:  Catastrophe fund needs a bailout Insurance surcharge may be on way The possibility Florida residents could soon be faced with higher surcharges on their home, auto and other …
May 16, 2008
Florida Today–May 15, 2008 By Paul FlemmingFlorida Capital Bureau Insurance Commissioner Kevin McCarty and his legal team today continue to review a proposed deal with Allstate Floridian to get the company back in business. The company and its affiliates remain …
May 16, 2008
Capitol to Courthouse Newsletter–May 16, 2008 Florida Insurance Commissioner Kevin McCarty today, May 16, 2008, announced that he has ordered a stay of the suspension of the Allstate Companies’ licenses to sell new business in Florida. Commissioner McCarty’s decision comes …
May 16, 2008
Miami Herald–May 16, 2008 BY BEATRICE E. GARCIA Floridians are still paying for the hurricanes of 2005 — and the tab is growing. The Florida Hurricane Catastrophe Fund soon could be tapping all state residents holding insurance policies to raise …
May 16, 2008
Miami Herald–May 15, 2008 By BEATRICE E. GARCIA Allstate has lost its battle in court. The company’s nine insurance companies operating in Florida now are barred from writing new policies until Allstate fully complies with a state subpoena for documents …
May 16, 2008
Get inspections, policy information By Nadia VanderhoofTreasure Coast Palm–May 14, 2008 TREASURE COAST — Whether it be hurricanes or wildfires, the steps to filing a homeowners claim because of damage from a natural disaster can be quite cumbersome and stressful. …
May 16, 2008
 To view a complete story, click on a headline below:  Florida Insurance Commissioner McCarty Stays Allstate Suspension Florida Insurance Commissioner Kevin McCarty today, May 16, 2008, announced that he has ordered a stay of the suspension of the …