Search results
Insurance crisis: Analysts cast doubt on Florida plan to replace Demotech as troubled insurers grow
Palm Beach Daily News via Yahoo News· 2 years agoResponding to public officials who have lashed out at the state's largest homeowners insurance...
The great Demotech scare of 2022: a catalyst for change in the Florida insurance market
Bankrate via AOL· 2 months agoIn 2022, news that 27 of Florida’s property insurance companies were potentially facing a financial...
Florida’s Home Insurance Industry May Be Worse Than Anyone Realizes
Bloomberg via Yahoo News· 2 months ago(Bloomberg) -- Seven property insurers in Florida went bankrupt in 2021 and 2022. The bankruptcies...
Ratings agency drops two Florida property insurers entirely, downgrades a third
Miami Herald via AOL· 2 years agoIn another sign of problems in Florida’s property-insurance market, a financial-ratings agency has...
Florida property insurance market gets an 'unprecedented' boost that could aid thousands
Tallahassee Democrat via Yahoo News· 2 years agoFlorida insurance regulators are taking an "unprecedented" and "extraordinary" step to try and...
Florida insurance market full of ‘low quality’ companies, study finds
Tampa Bay Times, St. Petersburg, Fla. via Yahoo Finance· 2 months agoTALLAHASSEE — The vast majority of small insurers operating in Florida are considered so financially weak that they wouldn’t typically meet federal guidelines allowing them to back mortgaged ...
Florida insurance firms, not homeowners, reap benefit of $2 billion taxpayer-financed fund
Orlando Sentinel via Yahoo News· 2 years agoTALLAHASSEE, Fla. — Nearly five dozen Florida companies have submitted plans to tap into a $2 billion taxpayer-financed plan designed to shore up the struggling property insurance industry that ...
Property insurers could face downgrades
WJAX via Yahoo News· 2 years agoFlorida regulators scrambled Thursday after they said a financial-ratings agency notified about 17 property-insurance companies of potential ratings...
Another property insurer exiting Florida’s troubled market
Miami Herald via AOL· 2 years agoUnited Property & Casualty Insurance Co. will exit Florida’s troubled homeowners’ insurance market,...
Florida regulators to insurance companies: no more games on rates
Tampa Bay Times, St. Petersburg, Fla. via Yahoo Finance· 1 week agoTALLAHASSEE — Insurance companies in Florida have consistently avoided scrutiny when seeking to raise rates by keeping proposals just below the threshold that would trigger a public hearing.
