Category: Florida News

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 …

Capitol to Courthouse Headliners: Monday, March 31

Mar 31, 2008

  To view a complete story, click on a headline below: Legislators eye Citizens’ surplus Citizens’ surplus could be tapped to fund a capital build-up program for start-up insurers despite concern about Citzens’ exposure to possible large storm claims. Money …

Storm brewing over overhauls

Mar 28, 2008

Insurance rates again take up Legislature’s time By McClatchy TribuneKeynoter.com–Mar. 28, 2008 A year after making sweeping property insurance changes, Florida legislators are divided between maintaining a consumer-friendly face or allowing homeowner premiums to start inching up. This week, the …