Hurricane season may catch companies off guard

Jun 23, 2008

A survey shows that 25 percent of small businesses do not have a disaster recovery plan, which can be as simple as back-up disks stored off the company’s premises. BY JIM WYSSMiami Herald–June 23, 2008 After Hurricane Wilma churned through …

Sink wants to see national catastrophe fund set up

Jun 23, 2008

Dallas Business Journal–June 20, 2008 Florida’s Chief Financial Officer, Alex Sink, was the guest of honor at a National Association of Industrial and Office Properties function June 16 at Epping Forest Yacht Club. The following are edited excerpts of an …

Capitol to Courthouse Headliners: Monday, June 23

Jun 23, 2008

  To view a complete story, click on a headline below:   Florida homeowners catching a rate break on property insurance When Ron Wise learned Nationwide Insurance dropped the coverage on his Palm Beach Gardens home this year, he figured …

Next FPCA Meeting in August

Jun 23, 2008

The FPCA meeting tentatively scheduled for June 2088 has been rescheduled for August 2008.  The specific date, time and call-in information will be provided in the next few weeks. Regular e-bulletins and updates will continue during the summer. If you …

Citizens Claims Committee Meeting Report: June 18

Jun 20, 2008

On Wednesday, June 18, 2008, Citizens Property Insurance Corporation (“Citizens”) held a Claims Committee (“Committee”) meeting to review the Independent Adjuster Request for Proposal (“RFP”), and receive updates on Citizens’ Claims School and 2008 Hurricane Season Catastrophe Plan.  To view …

State insurer’s board chairman stepping down

Jun 20, 2008

Florida Today–June 19, 2008 THE ASSOCIATED PRESS TALLAHASSEE — The Board of Governors’ chairman for the state-created homeowners insurance company is stepping down. Bruce Douglas announced Thursday at a board meeting of Citizens Property Insurance in Jacksonville that he will …

Citizens raises $1.75B in offering

Jun 20, 2008

Orlando Sentinel–June 20, 2008 Citizens Property Insurance Corp. said Thursday that it now has $1.75 billion in financing for its high-risk account. The state-backed insurer obtained the funding by selling one- and three-year securities, and said it would use the …

Miami-Dade gets funds for hurricane hardening

Jun 20, 2008

South Florida Business Journal–June 19, 2008 South Florida Business Journal Miami-Dade County said it has been awarded nearly $18 million in funds to harden area buildings against hurricanes. Some grant recipients include Mount Sinai Medical Center, Miami-Dade College, Miami-Dade County …