Florida Ratings Crisis: Fannie and Freddie Agree to Accept Citizens-as-Backstop Plan December 8, 2022 By William Rabb It took more than four months, but Fannie Mae and Freddie Mac have now agreed to accept an innovative but...
Florida OIR Wants Longer Notice on UPC’s Policy Cancellations for Runoff December 8, 2022 United Property & Casualty Insurance Co., now in the midst of an orderly run-off after years of heavy losses, had...
Officials Mark $2.5 Million for Kentucky River Flood Mitigation Study December 8, 2022 By Insurance Journal Staff Reports After massive flooding inundated parts of eastern Kentucky in 2021 and again this year, state officials are looking for ways...
Long, the Longest-Serving NC Insurance Commissioner, Honored at DOI December 7, 2022 The longest serving state insurance commissioner in North Carolina history is being memorialized within his former department. His longtime election...
Insurance Commissioner Urges Flexibility After Attacks Knocked Out Power in NC December 7, 2022 North Carolina’s insurance commissioner has asked insurers to give policyholders affected by power outages grace periods on paying premiums and...
Florida Chamber Summit Panelists Confident Lawmakers will Stem Attorney Fees December 7, 2022 By William Rabb If Florida lawmakers had any doubts about what reforms they need to consider at next week’s special legislative session, the...
Florida Session Agenda Calls for Claims Process Changes, More Oversight of Insurers December 6, 2022 By William Rabb Florida legislative leaders posted a proclamation Tuesday painting the broad outlines of the special session scheduled to begin Monday, Dec....
SUV crashes into Florida Fireworks Store, Sparking Huge Fire December 6, 2022 A Florida man drove his SUV into a fireworks store last week, sparking a huge fire in a crash that...
Neptune Flood Names Duffy Chief Risk Officer December 6, 2022 Neptune Flood Insurance, based in St. Petersburg, Florida, has named Matthew Duffy chief risk officer, after he spent 18 months...
Heightened Penalties for Arson, Retail Theft in North Carolina Now in Effect December 6, 2022 Tougher penalties for certain types of arsons and large-scale thefts at stores in North Carolina are among all or portions...