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The Restoration Association of Florida and Florida Premier Roofing say a requirement for scaling back roof-damage claims is unconstitutional.

In a new report, AM Best pointed to remaining questions about how law changes will affect reinsurance.

The bill represents the 'most extreme measures' ever taken by the state to tackle the property insurance crisis, a former state senator said.

The insurance market has faced massive problems during the past two years, with insurers seeking large rate increases and dropping hundreds of thousands of customers because of financial losses.

Coverage endorsements can protect in-home systems and equipment from mechanical or electrical breakdowns and sudden and accidental loss.

Issues slated to be addressed include boosting the availability of critical reinsurance and bolstering the financial stability of the state's insurer of last resort.

The event, now in its 16th year, also saw Marsh receive the IICF's Double I award for its philanthropic leadership.

The latest insurance industry personnel news from AXA XL, Canopius Group, Mosaic Insurance and more.