Florida Insurers Show a Little Profit in 2023 But Two Join the Watch List July 11, 2023 By William Rabb Florida’s beleaguered insurance industry may have turned a corner in 2023, with net income in the black for the first...
Catholic Church in Florida Struck as Insurance Costs Soar Toward the Heavens June 27, 2023 It seems that few are safe from soaring property insurance rates in Florida, not even those with strong connections to...
Florida Agents Optimistic About Market – and Don’t Fear the A.I. Reaper June 19, 2023 By William Rabb ORLANDO – Just as some California insurance agents are expressing grave concerns about the future of that state’s insurance market,...
Bad Press, Claims Issues, Halt on New Business Giving Industry Another Black Eye? June 12, 2023 By William Rabb It’s no secret that the U.S. property/casualty insurance industry does not always enjoy a sterling reputation among consumers. As one...
Florida Governor Signs Insurer Accountability, Wind-Mit Discount Bills Into Law June 1, 2023 By Insurance Journal Staff Reports Florida’s governor this week signed the Insurer Accountability Act and two other bills that put new restrictions on insurers and...
Kin, Slide Say They’ve Completed Reinsurance Programs Ahead of June 1 Renewal May 26, 2023 By Insurance Journal Staff Reports Two Florida-focused property insurers have announced they have completed their reinsurance programs, just days ahead of what some had warned...
As Lawyers Warned, Florida Courts Flooded with Suits Before Tort-Reform Bill Signed May 22, 2023 Just as the plaintiffs’ law firm of Morgan & Morgan warned, the number of Florida lawsuits filed across the state...
Only 3 Insurers Sign Up for Florida Re Plan and Hopes for a New Plan Are Fading Fast April 19, 2023 By William Rabb After five years of tweaks to Florida’s insurance and tort laws, all designed to reduce the vast amount of claims...
Florida Adjusters Say No Action on Charges of Insurers Doctoring Their Reports January 20, 2023 By William Rabb Five weeks after three independent adjusters told Florida lawmakers that insurance carriers have frequently doctored their damage assessment reports, the...
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...