florida windstorm insurance, Citizens Property Insurance Corporation news.

florida windstorm insurance on sale

  • Fla. windstorm rate draws fire.(state panel awards average 12% increase for windstorm insurance; Florida Windstorm Underwriting Association had ... & Casualty-Risk & Benefits Management


    Book (The National Underwriter Company)


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  • Florida offers plan to fund cat losses. (Insurance Commissioner Bill Nelson calls on private insurers to depopulate Florida Windstorm Underwriting ... & Casualty-Risk & Benefits Management


    Book (The National Underwriter Company)


    List Price:
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    • florida windstorm insurance news

    Florida Cat Fund reform faces uphill battle

    22.05.12

    Florida has been walking the tightrope with its windstorm insurance policies for years.  Ever since Hurricane Andrew hit Florida in the early 1990s, the state has relied heavily on two state-run entities to insure and manage the states windstorm risk. Both the Florida Hurricane Catastrophe Fund and Citizens Property Insurance Corporation, the state’s windstorm reinsurer and insurer, create a substantial liability to taxpayers that could be imposed in the event of a major storm.  These problems have been evident for years, but due to a combination of politics and sheer luck, little progress has been made on revamping the system and minimizing taxpayer’s exposure windstorm risk through the Cat Fund and Citizens.


    Source: Out Of The Storm News (blog)

    florida windstorm insurance about


    Legislature should hold the line on property insurance
    MiamiHerald.com - Apr 21, 2011 Most windstorm insurance consumers in South Florida would surely say they already pay too much for premiums, but lawmakers in Tallahassee don't seem to care. They're considering at least three major insurance bills that would either raise rates,

    South Florida shopping centers face foreclosure proceedings
    South Florida Business Journal - May 03, 2011 The report says that the borrower asked LNR to restructure the loan – including interest-only payment and no longer requiring windstorm insurance – and negotiations are in progress. Miami attorney David Trench, who represents GSMS and LNR in the

    Insurance nightmare
    MiamiHerald.com - Apr 28, 2011 Insurance nightmare Mike Fasano, Republican of New Port Richey, called the governor “clueless” regarding the plight of policyholders who every year must face steeply rising windstorm insurance costs far out of line with inflation, not to mention salaries and incomes.

    Meddling with union paychecks
    MiamiHerald.com - Apr 17, 2011 Fair is fair. Hundreds of companies already use payroll deductions to collect dues for political purposes in Florida, among them insurance companies. Gosh, could that have any connection to Florida's out-of-control windstorm insurance rates? Sen.

    Way to manage risk
    MiamiHerald.com - Apr 27, 2011 Florida law regulates these subsidiaries, but it's fallen behind the 35 other states that have recently adopted captive-friendly legislation. At a time when windstorm and property insurance rates are once again going through the roof (see above),