HCI Approved by Florida Regulator to Replace Anchor P&C Coverage for 43K Insureds February 18, 2020 By Amy O'Connor The Florida Office of Insurance Regulation has approved a plan for Homeowners Choice Property and Casualty Insurance Company, a subsidiary...
HCI to Acquire Policies of Florida’s Anchor P&C; Weston to Acquire Anchor Specialty January 15, 2020 By Amy O'Connor Two Florida-based homeowners insurers, Anchor Property & Casualty and Anchor Specialty Insurance, have succumbed to market pressures in the state...
Demotech Affirms ‘A’ Ratings of Florida Insurers April 4, 2018 By Amy O'Connor Demotech will not downgrade any of the 16 Florida homeowners insurers that it said earlier this year could face financial...
Demotech Holds-Off on Affirming ‘A’ Ratings for 16 Florida Insurers February 28, 2018 By Amy O'Connor A company that rates many Florida property/casualty insurers believes hurricane losses and assignment of benefits litigation during 2017 could affect...
Assignment of Benefits Abuse Tops Florida News for 2017 December 29, 2017 By Amy O'Connor Florida’s ongoing battle with assignment of benefits (AOB) claims abuse was not a new topic in 2017, but it was...
Demotech Suspends Florida Insurer Rating Criteria; Says Downgrades Coming February 7, 2017 By Amy O'Connor Recent Florida Supreme Court decisions and ongoing abuse in Florida’s insurance market have led a ratings company to change the...