Slide Secures $250M Cat Bond as Hurricane Season Looms May 15, 2025 Tampa-based Slide Insurance announced it has finalized a $250 million catastrophe bond through Purple Re Ltd., expanding Slide’s hurricane protection...
Bill Would Move Storm Modeling, Research From FIU to FSU Insurance Supercenter March 18, 2025 By William Rabb Florida International University has long been known as a hurricane research center. Think: the famous Wall of Wind, the giant...
DeSantis’ Budget Would Triple Funding for Wind Mitigation Grant Program February 5, 2025 Florida’s 2025-2026 state budget, as proposed by Gov. Ron DeSantis, would provide some $600 million for home and condominium hardening...
Despite Storms, Moody’s Upgrades Florida Tax Bonds for Cat Fund, Citizens, FIGA November 26, 2024 Despite four hurricanes in just over a year and significant payouts by the Florida Cat Fund, three special tax bonds...
Despite Reform Laws, Florida Premiums Won’t Drop, Karen Clark & Co. Says October 11, 2023 By Insurance Journal Staff Reports State laws adopted in 2022 and 2023 may have stemmed excessive claims litigation in Florida, helping to stabilize the distressed...
New Juice in Florida Market: Orange Insurance Exchange Approved by OIR September 6, 2023 By William Rabb Just days after another hurricane smashed through part of Florida, another property and casualty insurer has been approved for the...
NHC Report Ranks Ian as Costliest Florida Hurricane, Shows Forecasting, Storm Surge April 4, 2023 By William Rabb The National Hurricane Center’s report on Hurricane Ian, posted Monday, six months after the storm hit southwest Florida, pegs Ian...
Cat Simulations Test London Insurers’ Vulnerabilities to Next ‘Big One’ January 31, 2017 A major $200 billion loss from a combination of a cyber attack, U.S. hurricane and the failure of a reinsurer...
A.M. Best: Damage From Hurricane Matthew Won’t Affect Most Insurer Ratings October 18, 2016 A.M. Best does not anticipate a significant number of rating actions related to Hurricane Matthew, as most rated insurance carriers...
Hurricane Matthew May Be Gone, But Insurance Industry’s Work is Just Starting October 14, 2016 By Amy O'Connor It’s been nearly a week since Hurricane Matthew ravaged the Southeast coast but the insurance industry’s job of responding to...