Florida’s Insurance Commissioner and Demotech Popular Recipients of FAIR Awards (Press Release)

FORT LAUDERDALE, FL – Commissioner Kevin McCarty was honored with standing ovations from more than 170 corporate executives representing diverse industry sectors, as he received a Lifetime Achievement Award from FAIR, Florida Association for Insurance Reform. The presentation took place at FAIR’s third annual Awards Dinner and Gala on Thursday September 17 at the Kovens…

Florida’s Insurance Commissioner and Top Insurance Rating Firm Earn FAIR Awards (Press Release)

FORT LAUDERDALE, FL – Commissioner Kevin McCarty is being recognized with a Lifetime Achievement Award for his 27 years of public service, by FAIR, the Florida Association for Insurance Reform. Also being honored at the organization’s third annual awards dinner and gala are Joseph Petrelli and Sharon Romano Petrelli, founder and co-founder of the one…

Reinsurance bad deal for Florida homeowners

On Tuesday, executives from the Florida Hurricane Catastrophe Fund recommended to the state Board of Administration, consisting of Gov. Rick Scott, Chief Financial Officer Jeff Atwater and Attorney General Pam Bondi, that they approve the purchase of billions of dollars of reinsurance from the private market. I believe the proposed risk transfer is a violation…