Florida Insurers Sustain ‘A’ Ratings, For Now, As 2020 Industry Losses Top $1.5B March 17, 2021 By Amy O'Connor Ratings agency Demotech has affirmed the ‘A’ ratings of the Florida homeowners carriers it rates, which account for approximately 66%...
Insurance Agents on the Front Line of Florida’s Mounting Property Market Problems March 11, 2021 By Amy O'Connor While carriers face growing financial losses in Florida’s distressed property insurance market, insurance agents are on the front lines trying...
Demotech Withdraws Rating of American Capital, AM Best Issues Downgrade March 10, 2021 By Amy O'Connor American Capital Assurance Corp., a Florida-based insurer focused on commercial residential and non-residential property risks, as well as flood coverage,...
‘Desperate’ Times: Stakeholders Urge Florida Lawmakers to Enact Insurance Reform March 4, 2021 By Amy O'Connor It’s the start of another Florida Legislative Session with a familiar theme — insurers pushing for reforms they say are...
Florida Legislative Session 2021: Insurance Bills to Watch March 3, 2021 By Amy O'Connor The Florida insurance industry will be fighting for property insurance reforms in the 60-day legislative session that kicked off this...
Diversity, Resilience, Innovation Among Altmaier’s Priorities as NAIC President February 22, 2021 By Amy O'Connor Florida’s top insurance regulator has a busy year ahead, and it won’t just include overseeing his own state’s insurance market,...
Q&A With David Altmaier, President, National Association of Insurance Commissioners February 12, 2021 By Amy O'Connor Florida’s insurance regulator has a busy year ahead, and it won’t just include overseeing his own state’s insurance market, one...
Surfacing Emerging Risks From Covid, Cyber, Civil Unrest, Mergers, and More… February 8, 2021 By Amy O'Connor and Andrea Wells ¾ÅÉ« examined industries experiencing changes and challenges due to the COVID-19 pandemic, societal unrest and other market forces experienced...
Citizens Immune from Bad Faith, Not Liable for Non-Contractual Damages: Court January 29, 2021 By Amy O'Connor The Florida Supreme Court has resolved A 14-year-old lawsuit against Citizens Property Insurance Corp. in favor of the insurer in...
Goosehead Insurance Employee Who Participated in Storming of Capitol Fired January 25, 2021 By Amy O'Connor and Andrew G. Simpson Texas-based personal lines insurance agency Goosehead Insurance fired an employee who participated in the storming of the U.S. Capitol on...