Farmers Insurance Further Reducing Florida Business
One month after it announced it would stop writing new homeowner policies in Florida, Farmers Insurance now says it plans to cut back further on its presence in the ...
Content from William Rabb
Florida Reinsurance ‘More Orderly’ as Defense Costs Begin to Ease, Analysts Say
With the June 1 reinsurance renewals a week away, the outlook for Florida-based property insurers may not be quite as dire as many had predicted earlier this year, at least according to a top ...
TypTap Insurance President Talks About InsurTech’s First Profit, Future
When HCI Group's TypTap Insurance launched in 2016, it created a buzz in the industry and some skepticism, due to the company's plan to rely heavily on mapping technology ...
FEMA Releases New Flood Insurance Rates by ZIP Code — Brace for Impact
When the Federal Emergency Management Agency unveiled its new Risk Rating 2.0 methodology for calculating flood insurance, advocates and critics alike warned that it ...
Florida State-Run Reinsurance Plan a Bust? Only Three Sign On
After five years of tweaks to Florida's insurance and tort laws, all designed to reduce the vast amount of claims litigation and – eventually – bring down property ...
Lawsuit, Adjuster Say UPC Altered Louisiana Estimate After Hurricane Ida
The practice of insurance companies revising independent adjusters' damage reports may be as widespread in Louisiana as it is in Florida, according to adjusters and a ...
Insurer Scores Court Victory Over Green Energy Tax Credits
An insurance company is entitled to generous tax credits even if the carrier did not invest directly in renewable energy projects, a North Carolina court has decided, ...
NHC Report Ranks Ian as Costliest Florida Hurricane, Shows Forecasting, Storm Surge
The National Hurricane Center's report on Hurricane Ian, posted Monday, six months after the storm hit southwest Florida, pegs Ian as the most expensive to hit the ...
Florida Regulators Now Reviewing Rate Hikes of 14%, 62% and 103%
Three Florida insurance carriers, one large and two small, are seeking approval for major rate increases, with one condominium policy increase as high as 103 ...
