Daily Archives: January 10, 2020

More Than a Dozen Florida Insurers Facing Ratings Downgrades

FAIR NewsBy FAIR January 10, 2020

News provided by: Insurance Journal The rating agency responsible for assigning financial stability ratings (FSR) to more than 40 Florida domestic insurers has warned that several carriers will receive downgrades…

Improving the Transparency of Florida Hurricane Catastrophe Fund’s (FHCF) Ratemaking

Florida LegislationBy FAIR January 10, 2020

The Florida Hurricane Catastrophe Fund’s Ratemaking Formula Report is an “Actuarial Communication” as governed by actuary profession’s U.S. Standards of Practice, specifically #41. Therefore, it must adhere to the following…