Florida Drives Toward Repeal of Motor Vehicle No-Fault Law April 20, 2021 By Amy O'Connor After many years of trying, Florida is closer than ever to repealing its 50-year-old motor vehicle no-fault law. However, many...
Regulator Deems Florida-Based American Capital Assurance Corp. Insolvent April 19, 2021 By Amy O'Connor After negative moves by ratings agencies last month to address its financial issues, Florida’s insurance regulator says American Capital Assurance...
NAIC Data: Florida Property Lawsuits Total 76% of Insurer Litigation in U.S. April 14, 2021 By Amy O'Connor New information from Florida’s insurance regulator paints a stark picture of the extent of litigation facing the state’s domestic insurers....
Florida Senate Passes Property Insurance Reform Bill April 9, 2021 By Amy O'Connor A bill backed by the Florida insurance industry and other stakeholders aimed at addressing the state’s insurance market woes was...
Regulator Deems Florida-Based American Capital Assurance Corp. Insolvent April 6, 2021 By Amy O'Connor After negative moves by ratings agencies last month to address its financial issues, Florida’s insurance regulator says American Capital Assurance...
Florida Agents Join Consumer Advocate in Fight Against Contractor Fraud April 6, 2021 By Amy O'Connor As Florida insurers focus on addressing mounting losses in the state’s property insurance market with legislative reforms, rising rates and...
State of Emergency Issued in Alabama After Tornadoes Sweep Region March 26, 2021 By Amy O'Connor Alabama Gov. Kay issued a state of emergency yesterday after numerous tornadoes caused damage and deaths across the state. Ivey...
Fate of Florida Insurance Reforms Uncertain as Lawmakers Weigh Industry-Backed Bills March 26, 2021 By Amy O'Connor Two bills designed to deal with Florida’s crumbling property insurance market have embarked on divergent paths in the state legislature...
Insurance Agents on the Front Line of Florida’s Mounting Property Market Problems March 22, 2021 By Amy O'Connor While carriers face growing financial losses in Florida’s distressed property insurance market, insurance agents are on the front lines trying...
Citizens’ CEO: Florida Property Insurance Market is Shutting Down March 19, 2021 By Amy O'Connor Florida’s insurer of last resort, Citizens Property Insurance Corp., has become the insurer of first resort as thousands of new...