Jun 4, 2008
National Underwriter–June 3, 2008 BY SUSANNE SCLAFANE NU Online News Service NEW YORK —The size of the next catastrophe to impact property-casualty reinsurers won’t determine whether it’s a market-turning event, said global reinsurance executives, instead suggesting that the element of …
Jun 4, 2008
National Underwriter–June 3, 2008 NU Online News Service Daytona Beach, Fla.-based insurance broker Brown & Brown Inc. said it has acquired Stockton, Calif.-based insurance agency Debock & Muth Insurance Agency Inc. Terms of the deal were not released. Debock & …
Jun 4, 2008
Houston Chronicle–June 3, 2008 MarketWire News Releases FORT LAUDERDALE, FL — (MARKET WIRE) — 06/03/08 — Universal Insurance Holdings, Inc. (“UIH”) (UVE), a vertically integrated insurance holding company, announced the completion by Universal Property and Casualty Insurance Company (“UPCIC”), the …
Jun 4, 2008
Members: Colodny Fass has previously discussed the issue of collateral for reinsurance obligations and how the current regulations require unauthorized and unaccredited reinsurers to post 100 percent collateral for such obligations with Florida-domiciled insurers. We also discussed the Office of …
Jun 4, 2008
 To view a complete story, click on a headline below:  DeLand leaders agree to charge nonresidents for accidents Out-of-towners take note: There’s another reason to avoid being at fault in an accident requiring police or fire response in …
Jun 4, 2008
On Tuesday, June 03, 2008, the Florida Workers Compensation Joint Underwriting Association (“FWCJUAâ€) held a Rates and Forms Committee (“Committeeâ€) meeting to discuss the following: 2008 Legislative Session Review 2008 loss ratio A program to eliminate the 2007 Subplan D …
Jun 4, 2008
The state Department of Children & Families has reached an $850,000 settlement with a man who said he was sexually abused as a child at a now-defunct foster home in Lauderdale Lakes.
Jun 3, 2008
State regulators denied Hartford’s rate request, but the company can still ask a state appeals court for one last review. BY BEATRICE E. GARCIA Miami Herald–June 3, 2008 State regulators denied a nearly 40 percent insurance rate increase sought by …
Jun 3, 2008
National Underwriter–June 2, 2008 BY DANIEL HAYSNU Online News Service SAN FRANCISCO —Trade group representatives appearing before a National Association of Insurance Commissioners panel yesterday leveled heavy criticism at the group for allowing one of its members to appear before …
Jun 3, 2008
Miami Herald–June 01, 2008 Q. I got a letter from Magnolia Insurance, which informed me that it was going to assume my homeowner’s policy from Citizens and, unless I were to contact them before Friday, the assumption would be automatic. …