Category: Insurance Regulatory News

DeSoto Insurance, Rupert Smith Insurance Agency merge

Oct 27, 2011

The following article was published on the Charlotte Sun on October 27, 2011: Desoto Insurance, Rupert Smith Merge Two of Arcadia’s oldest businesses are joining forces. Colleen Donaldson and Terri Frazer of Rupert Smith Insurance Agency, founded in 1910, and …

Florida’s Catastrophe Fund In a Pickle

Oct 27, 2011

The following article was published in The Bond Buyer on October 27, 2011: Florida’s Cat Fund in a Pickle By Shelly Sigo The Florida Hurricane Catastrophe Fund is “dangerously overexposed” and should be downsized because unpredictable market conditions could prevent …

Florida Hurricane Catastrophe Fund Issues 2011-2012 Reimbursement Contract Year Estimated Borrowing Capacity, Estimated Claims-Paying Capacity and Projected Balance as of December 31, 2011

Oct 26, 2011

  The Florida State Board of Administration (“SBA”) issued a statutory advisory today, October 26, 2011, on the Florida Hurricane Catastrophe Fund’s (“FHCF”) estimated borrowing capacity, estimated claims-paying capacity and projected balance as of December 31, 2011 in relation to …