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...
Florida Regulators ‘Encouraged’ by Insurers’ Stress Test Results October 29, 2015 By Amy O'Connor Florida property insurers are well-capitalized and able to handle a 1-in-100 year storm event if and when it occurs in...
A.M. Best Special Report: Florida Property Insurers Remain Untested July 23, 2015 The property insurance market in Florida has significantly shifted in market share as Citizens Property Insurance Corp. (Citizens)—the state-run property...
Florida Senate Democrats to Oppose Property Insurance Rate Hikes January 31, 2013 By Michael Adams With Florida lawmakers expected to consider formal changes to the state’s property insurance market next week, state Democrats are signaling...
Private Insurers in Line to Take 150,000 Policies from Florida’s Citizens September 7, 2012 By Michael Adams Four Florida-based property insurers have been given the green light to remove up to 150,000 policies from the state-backed Citizens...