Investment Funds File New Suits Over Lighthouse Insurance Collapse in 2022 April 23, 2024 By William Rabb Three investment firms connected to some of the best-known names on Wall Street have upped the ante in a legal...
Florida Insurers Facing a New 1% Assessment on Premiums for Insolvent Insurer Claims April 18, 2023 By William Rabb Florida property insurers are preparing for another assessment on premiums to help the Florida Insurance Guaranty Association fund outstanding claims...
Florida’s Capacity Insurance Gets Downgraded, Stops Writing New Business July 8, 2022 By William Rabb AM Best has withdrawn its financial strength rating for Capacity Insurance, a commercial insurer with a small footprint in Florida,...
Florida Policies in Limbo Over Proposed Insolvency Surcharge October 4, 2021 By William Rabb The Florida Insurance Guaranty Association is urging insurers to hold off on sending homeowners’ policy renewals until state regulators decide...
2022 Risk Watchlist for Directors & Officers Is Full: Insolvencies, Litigation, ESG, Cyber… January 3, 2021 Corporate board members and company executives have a lot to worry about these says and can be held liable for...
Why Agencies Need to Pay More Attention to Insurer Insolvency April 10, 2014 By Chris Burand A myth is sneaking into the industry that insurer insolvency is not as important today. Belief in this myth is...
Georgia Regulators Order Liquidation of Georgia Mutual March 24, 2014 By Michael Adams A Georgia superior court judge has given regulators approval to liquidate a former automobile insurer. Cynthia Write, judge of the...
Geneva Association Report Analyzes Re/Insurers’ Insolvency Resolution February 7, 2012 International insurance think tank, The Geneva Association, has published its latest report for the ongoing financial stability discussions at the...
P/C Insurer Failures in 2010 Unrelated to Catastrophes: A.M Best May 10, 2011 The majority of the 11 financially impaired property/casualty companies in 2010 got into trouble primarily due to deficient loss reserves...