News Source: Tampa Bay Times Authors: Lawrence Mower, Alex Harris Date Published: August 12 TALLAHASSEE — Florida’s crumbling homeowners insurance market is exposing one of the state’s long-running flaws: its reliance on…
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News Source: S&P Global Date Published: August 9th Florida property and casualty insurers will continue to face a myriad of challenges despite the sudden creation of a temporary reinsurance program to aid a host…
Pew Charitable Trusts & U.S Chamber of Commerce Letter
Date Published: August 2nd The Pew Charitable Trusts and the U.S. Chamber of Commerce—together with planners, engineers, developers, and leaders from business associations, local government institutions, the insurance industry, fiscal…
State guaranteeing insurance claims through hurricane season to counter downgrade risk [South Florida Sun-Sentinel]
News Source: Insurance News Net [South Florida Sun-Sentinel] Author: Ron Hurtibise Date Published: July 27th Florida homeowners won’t lose their insurance coverage or face force-placed policies if their insurers lose their financial stability…
Insurance company ratings downgrades delayed, Demotech tells state officials
News Source: Insurance News Net (Florida Sun-Sentinel) Author: Ron Hurtibise Date Published: July 25th A slew of ratings downgrades for Florida-based insurers won’t be happening Tuesday after all. The CEO of Ohio-based Demotech,…