This is the Newsletter Story post type
We’ve all enjoyed a wonderful meal with colleagues. Especially after all the time we’ve spent isolated the past couple years, breaking bread is an incredible way to foster and deepen relationships with associates. And while restaurants are fine, have you …
In a recent viral video, two of Florida’s most curious creatures can be seen making rare, yet endearing contact with a young human boy. The manatees, also known as sea cows, decided to stop by and greet an unsuspecting native …
For months we’ve been chronicling the record high home real estate sales and record high median sales prices in Florida, but now it appears the tide is starting to turn according to recent reports. Meanwhile …
The U.S. Attorney’s Office for the Southern District of New York recently announced the arrest of nine people, many of them gang members, who are accused of racketeering and extortion to try to take over …
The list of property insurance companies trying to reduce their exposure in writing Florida homeowners policies continues to grow. Other carriers are looking for ways to reduce their litigation claim costs as regulators try to better quantify …
The president of Citizens Property Insurance Corporation, the state-created and taxpayer backed insurer of last resort said Florida’s private domestic insurance companies are losing about 25% to 35% of their surplus each year from underwriting …
Earlier this month, the Office of Insurance Regulation (OIR) reported that 27 companies are on its own “enhanced monitoring” list for various indicators of unsound financial condition. OIR also reports that excessive litigation …
We expect to get more information later today about those 17 or so letters that Demotech sent to Florida property insurance writers warning they may lose their “A” rating as soon as tomorrow. The letters reflect …
You’ve likely read that insurance company ratings agency Demotech last Thursday sent letters to several Florida-based homeowners insurance companies to inform of a potential downgrade of their “A” (Exceptional) Financial Stability Rating. The recent Demotech actions, while surprising with the …
Giant snails that can grow as large as rats have put a Florida town into an unusual quarantine. The invasive creatures carry a parasite that causes meningitis in humans and health officials are taking no chances on letting them spread …
