Capitol to Courthouse Headliners: Wednesday, June 25

Jun 25, 2008

  To view a complete story, click on a headline below:   Insurer wants to sell wind, flood coverage in 1 policy One of the nation’s largest insurance companies is lobbying Congress for permission to sell policies that cover damage …

Hurricane Center director talks forecasting in interview

Jun 24, 2008

AP–June 24, 2008 By JESSICA GRESKOThe Associated Press          MIAMI (AP) — Substantially improving the accuracy of hurricane intensity predictions could take years and tens of millions of dollars, the National Hurricane Center’s director said Tuesday. In an …

Audit points to violations

Jun 24, 2008

St. Petersburg Times–June 23, 2008 By Barbara Behrendt, Times Staff Writer BROOKSVILLE — An audit of the county’s workers’ compensation program has found violations of county policy, inefficiencies and sparse or missing information on financial decisions that may have cost …

Louisiana: Citizens raises policy premiums

Jun 24, 2008

Statewide average boosted 18 percent By Rebecca Mowbray Business writer Times-Picayne–June 24, 2008 Homeowners insurance rates at Louisiana Citizens Property Insurance Corp. will increase by a statewide average of 18 percent in October as premiums at the state-sponsored insurer catch …

Universal Insurance To Open 2nd Fla. P-C Subsidiary

Jun 24, 2008

National Underwriter–June 24 Ft. Lauderdale, Fla.-based Universal Insurance Holdings Inc. said it is seeking to open a second property-casualty insurance company subsidiary in Florida after filing an application with the state’s Office of Insurance Regulation. The new operation, to be …

Florida Free Wind Inspection Program Nears Goal

Jun 24, 2008

Insurance Journal–June 24, 2008 More than 365,000 Florida homeowners have signed up for free wind inspections through the My Safe Florida Home program, only 35,000 inspections shy of the Florida Legislature’s goal of 400,000 by June 2009. The first-come, first-serve …