25 Years Later: How Florida’s Insurance Industry Has Changed Since Hurricane Andrew Andrew was responsible for the failure of at least 16 Insurers between 1992 and 1993.  Insurance Journal’s Amy O’Connor reports.   Facebook Friendship Doesn’t Disqualify Judge in …

  As part of his presentation at yesterday’s Florida Office of Insurance Regulation public hearing on rates filed by Citizens Property Insurance Corporation (“Citizens”), Citizens’ President and CEO Barry Gilway noted a study on hurricane risk exposure recently completed by the …

  Assuming no further deterioration in Florida’s assignment of benefits crisis, Citizens Property Insurance Corporation’s (“Citizens’”), average Miami-Dade premiums would rise more than 30 percent during the next four years, Citizens President and CEO Barry Gilway explained yesterday, August 23, …

  Senator Flores Rips Citizens’ Rate Hike The Florida Senate’s Insurance Chairwoman blasted a Proposed Rate Hike up to 10 percent in South Florida by Citizens Property Insurance Corp. Wednesday and said she will consider Legislation to Limit its “Borderline …

  Sawgrass Mutual Signs Consent Order, New Home Sought For Customers Under an Order of Administrative Supervision, Regulators are “Working with Sawgrass Mutual Insurance Co. and interested Parties to develop a Wind-Down Plan for the Company, which includes the orderly …

  Demotech Issues Series of Florida Insurer Financial Stability Ratings Demotech’s philosophy is to Review and Evaluate Insurers based on their area of focus and execution of their business model rather than solely on financial size.   South Florida Water …

  A Hurricane Andrew Repeat Would Cost $56 Billion In The US If Hurricane Andrew were to recur today the expected total industry insured losses, based on today’s exposures, would be approximately $56 Billion in the US.  The Intelligent Insurer …

  In preparation for fast-approaching Interim Committee Weeks and the start of the 2018 Legislative Session, Florida House Speaker Richard Corcoran advised on his Chamber’s deadlines, schedules, new committee and subcommittee assignments A roster of House 2018 Committee assignments by …

  David Altmaier Focuses On “Assignment Of Benefits” Changes Florida Insurance Commissioner David Altmaier told Governor Rick Scott and the State Cabinet this week that his Office will continue to push Lawmakers during the 2018 Legislative Session to address an …

  Citizens’ Change OK’d, Leaving Insured With Tough Choices A water pipe breaks inside a wall of your house while you are at work, if you’re a Customer of Citizens Property Insurance Corp., you will soon face Two Choices.  The …