Head Scratcher? Claims Litigation Not Named as Major Factor in Florida Insolvencies July 26, 2023 By William Rabb Despite years of complaints from Florida property insurers and some lawmakers that out-of-control claims litigation was destroying the industry, recent...
Florida Insurers Have Until Aug. 1 to Show They Have Proper Claims Manuals, OIR Says July 21, 2023 Florida property insurers now have a week to attest that they have and use claims-handling manuals that reflect industry practices...
Order Up: Next Florida Citizens Takeout Deadline is July 28 July 13, 2023 Florida regulators are reminding carriers that the deadline to participate in the November round of takeouts from Citizens Property Insurance...
Farmers Insurance Further Reducing Florida Business July 11, 2023 By William Rabb One month after it announced it would stop writing new homeowner policies in Florida, Farmers Insurance now says it plans...
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...