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By Chad Hemenway, PropertyCasualty360.com |
March 13, 2012
Two months after resigning as president and CEO of Florida Citizens Property Insurance Corp., Scott R. Wallace has agreed to join Homeowners Choice Inc.
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By Bryant Rousseau, PropertyCasualty360.com |
March 8, 2012
I spent half a day last week meeting with executives from various divisions of Verisk Analytics, parent company of such well-known industry brands as ISO and AIR Worldwide (Verisk has so many P&C-focused business units under its umbrella that I would have needed half a month to meet with leaders...
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By Chad Hemenway, PropertyCasualty360.com |
March 7, 2012
Tom Grady, commissioner of the Florida Office of Financial Regulation, has been tapped to be president of the state’s last-resort insurer.
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By Chad Hemenway, PropertyCasualty360.com |
January 10, 2012
Scott R. Wallace, president and chief executive officer of Florida Citizens Property Insurance Corp., has abruptly resigned for personal reasons.
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By Chad Hemenway, PropertyCasualty360.com |
January 5, 2012
Florida Citizens Property Insurance Corp. is considering the use of private reinsurance, and its risk-transfer plan this year could also include the issuance of its first catastrophe bond.
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By Joan E. Collier, PropertyCasualty360.com |
June 28, 2011
Florida is once again given the lowest ranking of all states from The Heartland Institute. Its state-created property insurance carrier drew heavy criticism.
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By Mark E. Ruquet, PropertyCasualty360.com |
July 22, 2010
A Government Accountability Office official contradicted a Florida Office of Insurance Regulation (OIR) official over a report that reviewed nine of the nation's residual catastrophe insurance programs.
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By Mark E. Ruquet, PropertyCasualty360.com |
July 7, 2010
A report that Florida's catastrophe funds have over $2 trillion in loss exposure will be clarified in the future, according to officials from the state's insurance department.
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By Mark E. Ruquet, PropertyCasualty360.com |
July 7, 2010
A report that Florida's catastrophe funds have over $2 trillion in loss exposure will be clarified in the future, according to officials from the state's insurance department.
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By Nick Abraham |
July 1, 2010
E&S has historically been able to move independently from other financial service sectors. A downturn in the economy often has led to strengthened pricing as insurers tightened their underwriting guidelines.