Hurricane Could Drain Florida Cat Fund’s Reserves. But That May Be OK, Report Says August 1, 2024 By William Rabb A report from Moody’s Ratings service contends that one good hurricane this year could wipe out the Florida Cat Fund’s...
Rebuilding After Hurricanes is Complex, Can Change Character of a Community July 17, 2024 HORSESHOE BEACH, Fla. (AP) — Before Hurricane Idalia smashed into a small fishing village in northwestern Florida, Charles Long, 68,...
Florida Tax Watch Calls for Renewed Tax Breaks for Home Hardening Efforts July 12, 2024 By ¾ÅÉ« Staff Reports Florida Tax Watch, a nonprofit government watchdog in operation for 45 years, is urging state lawmakers to expand wind-mitigation tax...
Homebuilders Cut on ‘Sluggish’ Housing Market, Florida Woes July 9, 2024 By Breanna T Bradham Homebuilder-stock analysts are increasingly worried about signs of softening in key hot spots like Florida and Texas. Lennar Corp. and...
Contractors Can’t Advertise ‘Insurance Negotiating’ Skills, Texas Supreme Court Says June 11, 2024 By William Rabb and Ezra Amacher A contractor cannot be the public adjuster on a claim and cannot advertise itself as an insurance claims negotiator if...
Universal Says it Completed Reinsurance Program With Only a Slight Bump in Cost June 3, 2024 Universal Insurance Holdings, the publicly traded parent of one of Florida’s largest property insurers, said it has completed its reinsurance...
‘Cautiously Optimistic’ on Florida: Defense Costs Down, but Reinsurance Still a Drag May 31, 2024 By William Rabb Analysts with the AM Best financial rating firm and other stakeholders are cautiously optimistic about the resurrection of the Florida...
Florida Agents Will Soon Need Three Appointments Before Selling Citizens May 23, 2024 By William Rabb Starting July 1, Florida insurance agents must have at least three appointments with authorized carriers before they can sell policies...
Florida’s 125% Surge in Property-Insurance Bills Sows Havoc May 20, 2024 By Lauren Coleman-Lochner For Filicia Porter, the insurance bills were the final straw. They’d been climbing steeply for her assisted-living business as Florida...
After Two Years in the Eye of the Storm, Neal Steps Down From FIGA. Brown Up Next May 20, 2024 By William Rabb Corey Neal took over as executive director of the Florida Insurance Guaranty Association in early 2022, at the height of...