Floridians to bear the cost
Another assessment is expected on Florida’s property insurance companies and their policyholders from the latest insurance carrier insolvency, while yet another company has its credit rating and outlook downgraded. Plus, Florida’s largest property insurance company …
New assessments on all policyholders
A second Florida property insurance company in a week has admitted it’s insolvent and is now in the process of being taken over by the state, having its assets liquidated, and its policyholders left to …
Regulators hustling
A Florida property insurance company has been declared insolvent and taken over by the state; insurance regulators are working with carriers to quantify Florida’s big insurance litigation problem contributing to such closures; and insight into what one industry …
New policy-writing suspended
Three more property insurance companies announced last week they will no longer write new Florida homeowners insurance policies until further notice. That brings to seven the number of companies in the past few months that are closed …