Florida Insurance Industry News
|Florida Law Requires Post-Mortem on Insolvent Insurers, But Few Reports Available
… 2014 insolvency of Sunshine State Insurance Co., the newspapers reported.
That … Association for Insurance Reform said his group would push during Florida’s … State, six other Florida property/casualty insurers were liquidated between 2017 …
POSTED MAY 18, 2022 12:32 AM
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POSTED MAY 17, 2022 9:46 PM
|Florida property insurance policy changes challenged
POSTED MAY 17, 2022 4:59 PM
|Asked to Rethink 41% Rate Increase, Florida Farm Bureau Did. New Request is Even Higher
… homeowners last December, the Florida Office of Insurance Regulation asked company actuaries … challenges that property insurers are facing in the troubled Florida market.
Kimmons … restoration companies approved by the insurer.
Murray noted that Farm Bureau …
POSTED MAY 18, 2022 5:19 AM
|Three More Florida Insurers Asking for Big Rate Hikes at Hearings
… increases from three more property insurers: Florida Farm Bureau, First Floridian, and … ++ (good).”
Florida Farm Bureau General Insurance Co. and Florida Farm Bureau Casualty Insurance Co …
POSTED MAY 18, 2022 12:31 AM
|Special Legislative Session Expected To Tackle Troubled Florida Insurance Industry
… On Rickenbacker Causeway“My insurance agent called me to … session to address the troubled insurance industry. “It will be … we’ve seen in Florida property insurance market in decades and … Penalty TrialSteve Brooks owns Cornerstone Insurance. “It’s not a …
POSTED MAY 17, 2022 10:48 PM
|Vālenz® Hires John Paolacci as Chief Claims Officer
PHEONIX, ARIZONA, USA, May 17, 2022 /EINPresswire.com/ -- Vālenz® is pleased to announce John Paolacci, MBA, has joined the company as Chief Claims Officer. With more than 20 years’ experience in managed care and claims, Paolacci has served in …
POSTED MAY 17, 2022 2:00 PM
|Florida residents face soaring property insurance rates
… its homeowners policies.The Florida Office of Insurance Regulation held a hearing … its homeowners policies.
The Florida Office of Insurance Regulation held a hearing … state's property insurance market.
Insurers say the crisis is manmade …
POSTED MAY 17, 2022 11:00 PM
|Seeking rate hikes, insurers say roofs, reinsurance and lawsuits are pushing costs up
… higher costs,” said Florida Farm Bureau Insurance Company vice president Ben … 120,000 policies, other insurers are seeking large rate … some of the issues affecting insurers, including roof claims and … work the claim with the insurer, is affecting their rates …
POSTED MAY 17, 2022 11:33 PM
|Florida Farm Bureau wants to raise your homeowner’s insurance 49%
Three different property insurance companies told Florida’s Office of Insurance Regulation Tuesday they … not to leave Florida as dozens of other insurers have done over … we’ve seen with Florida’s property insurance market in decades,” DeSantis …
POSTED MAY 17, 2022 9:46 PM