Florida Underwriter May 2008
Features
editorial
There always comes a point late in the legislative session when lawmakers must confront the question of when to say "no." For those who have a highly invested constituency, or happen to be facing the
Features
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Could the Supreme Court Derail Florida's Workers' Comp System?
Abraham Lincoln said that a lawyer's time and advice are his stock and trade. Abraham Lincoln was not wrong. Time is an important factor." So said workers' compensation claimant attorney Richard
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The Auto Insurance Market Marches On
When lawmakers passed a bill reinstating Florida's motor vehicle no-fault law last year, it was one of the hollowest outcomes handed to carriers in recent memory, only to be eclipsed by the changes
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Businesses Look to Prevent Citizens' Assessments
To assess or not to assess, that is the question. For many in the business community, the answer is a resounding "no" when it comes to the possibility of paying significant assessments to Citizens
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Crist's Search for a Private Market Solution
Hillary Clinton couldn't do it in Washington when she was First Lady. Neither could Arnold Schwarzenegger in California. Jeb Bush barely got to first base during his attempt in Florida. Yet, somehow
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Surplus Lines and Ethics
Driving home one afternoon, I caught a breaking news story on the radio that involved a prominent politician who had admitted to a moral and ethical failure. As I thought about his situation -- and
Company Notes
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PURE Expands into Panhandle
The Fort Lauderdale-based PURE Risk Management LLC. has announced its plan to expand Privilege Underwriters Reciprocal Exchange into the northwest portion of the state. As part of its expansion in
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Sink Moves to Recoup from Poe
Chief Financial Officer Alex Sink reports that the Department of Financial Services has filed a civil suit against the officers, directors, and affiliates of the former Tampa-based Poe Financial
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FMA Merges with United Insurance Holdings
The St. Petersburg-based United Insurance Holdings LC. has signed off on a $95 million deal under which the company will merge with the Farmington, Connecticut-based FMG Acquisition Corporation. FMG
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American Capital Receives A.M. Best Rating
American Capital Assurance Group has received a financial strength rating of B++ (good) by the A.M. Best Company, a credit rating organization. The St Petersburg-based insurance group also received
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Lassiter-Ware Receives Premier Partner Status
Headquartered in Farmington, Michigan, Amerisure Insurance Company has appointed Lassiter-Ware Insurance as a Premium Partner. Leesburg-based Lassiter-Ware is one of only 22 insurance agencies across
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OIR Hosts 2008 Filing and Compliance Symposium
The Office of Insurance Regulation is holding this year's Filing and Compliance Symposium on May 22 and 23, at the Rosen Centre Hotel in Orlando. This will mark the first year OIR has invited agents
Market Watch
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The Workers' Comp Market
It will take months before the Florida Supreme Court issues its decision in the case of Emma Murray v. Mariner Health/ACE USA (SC07-244), which has been the most highly anticipated case since the
Business Trends
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Looking to Be Acquired? Preparation Is the Name of the Game
Thinking of hanging it up? Or might your company be a candidate for a purchase offer or takeover? Some pre-game warm-up strategies can help establish a home-field advantage on what is often bumpy
Capitol Line
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New Capital, New Choices: The Domestic Homeowners' Market Rises
Florida's homeowners' market has always been about dire predictions or celebratory resurrections. Hurricane seasons such as those of 2004 and 2005, which saw eight hurricanes impact the state at a
