A.M. Best Co. has downgraded the financial strength rating to ‘B++’ (Good) from ‘A-‘ (Excellent) and issuer credit ratings to...
Hurricanes News
Americas Insurance Co., which took on nearly 1,000 homeowner policies that had been covered by Louisiana’s insurer of last resort,...
A.M. Best Co. has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating (ICR) of “bbb+” of...
Demand for disaster derivatives is surging as insurers seek alternatives to scarce reinsurance and expensive catastrophe bonds, with the forthcoming...
Private forecaster AccuWeather.com has cut its forecast for this year’s Atlantic Hurricane season, which begins June 1, to 10 named...
People living in hurricane danger zones could have a long wait — as much as 10 years — for improved...
Florida Gov. Charlie Crist has said he would sign legislation passed at the eed of the legslative session that increases...
Most of Florida’s smaller domestic property insurers have initiated backup financing plans in the event the state-backed hurricane fund can’t...
Mississippi Attorney General Jim Hood has asked a court to block renewed efforts to make public a settlement agreement between...
Several bills of interest to both homeowners and the insurance industry are making their way through the Louisiana legislative session,...