Florida Underwriter November 2008
Cover Story
Taking a Different Route to Workers' Compensation Coverage
During the past five years, the $3.7 billion (2006) Florida workers' compensation market has experienced profound change. According to the Florida Office of Insurance Regulation, prior to 2003,
Features
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Crisis Crimps Cat Fund
Those who criticized the idea of expanding the Florida Hurricane Catastrophe Fund, the state-run alternative to private reinsurance, were fearful that if a big storm came it would mean huge
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Essex v. Zota: Florida Surplus Lines Exemption Under Attack
The broad exemption historically applied to surplus lines insurance under Florida law was recently called into question by the decision handed down by the Florida Supreme Court in Essex Insurance
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Is the Fox Back in the Chicken Coop?
While the influx of some 24 new entrants into the Florida homeowners' insurance market since 2006 is certainly welcome news, as consumers and industry people, we need to ask ourselves some basic
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Group Pushes Its Hurricane Solution
This year's relatively tame hurricane season in Florida has not quelled the fears of a small group of people in St. Petersburg. For two years they have been sounding a wake-up call of impending
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Land Not Included
Reports from agents across the state reveal that some carriers are requiring a current property appraisal before they will write homeowners' coverage, which is actually not a bad idea. Citizens
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Take Care With Long-Term Care
As an agent specializing in long-term care insurance, I am well aware of the substantial risk of lawsuits and regulatory investigations in selling this coverage. With America continuing to gray,
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When the Old Boat Is Sinking, Build a New Craft
The declining premiums and rough economy that have forced Florida companies to reduce their workforces have created a perfect storm for agents. These external forces, combined with the 2003 reforms,
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Florida Agencies Named Tops in Nation
"The fact they are from the same state is sheer luck," said Sam Friedman, editor-in-chief of the Property & Casualty edition of National Underwriter. "They just happened to be the best of the bunch
Product Focus
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EPLI Market Remains Viable
In the past decade, Employment Practices Liability Insurance (EPLI) has become a well-recognized and highly available product. In the past few years, coverage options have also evolved and expanded.
