Senators Launch Probe Into Demotech’s Ratings in Florida December 23, 2025 By Leslie Kaufman Three US senators opened an inquiry into insurance ratings firm Demotech and whether its assessments may be exposing Fannie Mae...
NSI Insurance Acquires Florida-Based Mutual Insurance Group December 16, 2025 Miami-based NSI Insurance Group has acquired another Miami-headquartered brokerage, Mutual Insurance Group, adding another milestone for the company that has...
Florida OIR to Host its Own Insurance Summit in April With Regulators, Industry Leaders December 10, 2025 The Florida Office of Insurance Regulation will host its own insurance summit in April, calling it a chance to hear...
Florida Peninsula MGA Changes Name to Windward Risk Managers August 21, 2024 Florida Peninsula Managers, the managing general agency for Florida Peninsula Insurance and Edison Insurance, has officially changed its name to...
Launched by Spinnaker, Mainsail Now to be Harbored by Emerald Bay Risk August 21, 2024 One year after it was approved for the Florida market, Mainsail Insurance Co. has been sold to Emerald Bay Risk...
Coral Gables, Florida Tops Beverly Hills as Ritziest Home Market in US April 15, 2024 Floridians with homes in the ritziest neighborhoods that include Coral Gables and Naples are experiencing the nation’s biggest increases in...
Florida’s Heritage Insurance Posts Q4 Profit, But Losses for the Year March 8, 2023 Heritage Insurance Holdings Inc. (HRTG) on Thursday reported fourth-quarter net income of $12.5 million, after reporting a loss in the...
Southern Fidelity Loses Rating; Heritage, People’s Trust Complete Re Programs June 6, 2022 The Demotech insurance industry rating firm has withdrawn the financial stability rating for Southern Fidelity Insurance Co. after the carrier...
Florida Farm Bureau Action Plan Says it Will Stop Writing New HO Policies February 1, 2022 Another Florida property insurer is taking major steps to cut its losses, including suspending the writing of new homeowner policies...
3 Florida Insurers to Drop Thousands of Policies, Make Moves to Stay Afloat May 12, 2021 By Amy O'Connor More than 50,000 Florida policyholders will soon be looking for a new carrier for their homeowners insurance after three Florida-based...