-
By Joan E. Collier, PropertyCasualty360.com |
September 29, 2011
A 45-day regulatory drama that began with Citizens Property Insurance Corp.’s triple-digit sinkhole rate increase proposal ended with Florida Insurance Commissioner Kevin McCarty’s eleventh-hour denial.
-
By Bill Kaczor, Associated Press |
July 28, 2011
Florida's largest property insurance company on Wednesday proposed an average increase of nearly 430 percent for optional sinkhole coverage in response to soaring claims and 8.8 percent for all other perils, including hurricanes, fire, and theft, all effective in 2012.
-
By Phil Gusman, PropertyCasualty360.com |
May 6, 2011
Insurer groups hailed the Florida Legislature’s passage of a wide-ranging property bill and have called on the governor to sign the legislation into law.
-
By Chad Hemenway, PropertyCasualty360.com |
November 9, 2010
A new report from the Florida Office of Insurance Regulation appears to confirm what insurers in the state have been saying about the problem that sinkhole claims have become.
-
By Lynne McChristian |
August 1, 2010
My neighbor dropped flood coverage this year to shave expenses. Frankly, I'm thinking of doing the same thing.