Florida Insurance Guaranty Association News

Insurers Split Over Proposed Changes to Florida Guaranty Fund

Florida lawmakers have kept alive a bill that would alter the method of funding the state fund that pays the claims of insolvent property insurers even though the change could increase costs and does not have the uniform support of …

Florida Supreme Court Rules Guaranty Fund Not Responsible for Legal Fees

Florida’s high court has ruled that the state fund charged with paying claims from insolvent insurers is not responsible for paying a claimant’s legal fees on a pre-insolvent claim unless they are specifically covered under the terms of their policy. …