As FAIA Chief Grady Says Goodbye, He Shares His Top 10 Moments August 27, 2020 By Amy O'Connor For 22 years, the Florida Association of Insurance Agents has been led by Jeff Grady, president and chief executive officer,...
Florida’s Capitol Preferred to Shed Nearly 24K Policies; Regulator to Monitor Operations May 15, 2020 By Amy O'Connor Capitol Preferred Insurance Co., one of the top writers of homeowners insurance in Florida, has received approval from the state’s...
Demotech Reveals Florida Insurer Ratings, Says Market ‘Most Difficult’ in U.S. April 3, 2020 By Amy O'Connor The long-awaited Demotech rating decisions for Florida domestic carriers are in, with many carriers having satisfied necessary steps to avoid...
What Florida Agents Need to Know During Coronavirus Crisis April 1, 2020 By Amy O'Connor Watch the Full Interview Florida is a catastrophe-prone state when it comes to weather, but the challenges that come from...
Demotech Affirms Ratings of 37 Florida Insurers; Still Reviewing Others March 27, 2020 By Amy O'Connor Demotech has affirmed 37 of the 46 Florida-based companies rated by the actuarial firm, as of March 26, according to...
Update: Demotech Evaluating 2019 Results of Florida Carriers, Expects ‘Many’ Downgrades March 4, 2020 By Joseph L. Petrelli Ratings agency Demotech is currently reviewing the 2019 fourth quarter earnings and year-end financials of the Florida insurers it rates...
Florida Carriers Seek Staggering Rate Increases Amid Market Turmoil February 25, 2020 By Amy O'Connor It’s no surprise that Florida carriers are raising homeowners’ insurance rates given several years of catastrophes and losses from litigation...
AM Best: Florida Insurers Brace for Challenging June Reinsurance Renewals February 11, 2020 Although the 2019 hurricane season did not have a significant impact on Florida, loss creep from prior storms continues to...
An Update on Florida Insurer Downgrade Situation: Demotech Commentary January 14, 2020 By Joseph L. Petrelli Demotech began involvement with the Florida homeowners’ insurance market at the State of Florida’s invitation in 1996 and today reviews...
More Than a Dozen Florida Insurers Facing Ratings Downgrades January 9, 2020 By Amy O'Connor The rating agency responsible for assigning financial stability ratings (FSR) to more than 40 Florida domestic insurers has warned that...