-
By Fred E. Karlinsky, Esq., Katherine Scott Webb, Richard J. Fidei, Esq. |
November 28, 2011
Given the 2011 residential property reforms, expect Florida’s 2012 session to be much quieter in that area. The exceptions could be legislation on Citizens and the Cat Fund.
-
By Lynne McChristian |
November 28, 2011
Financing future storms with debt seems popular with people who are getting lower rates today. That tune changes when the bill comes due.
-
By Chad Hemenway, PropertyCasualty360.com |
October 24, 2011
It came as no surprise to anyone that has followed the Florida’s reinsurance fund that it could potentially have a $3.2 billion shortfall, according to new report issued by independent-financial advisor Raymond James.
-
By Joan E. Collier, PropertyCasualty360.com |
September 29, 2011
The rate hikes proposed by Citizens Property Insurance Corp. took a beating. Is the Florida Hurricane Catastrophe Fund next in line?
-
By Gary Fineout, Associated Press |
September 22, 2011
The Florida Hurricane Catastrophe Fund is on "shaky ground" and its ability to borrow is questionable, says it chief operating offer.
-
By Gary Fineout |
June 28, 2011
The stability of the Florida Hurricane Catastrophe Fund shifts with time and circumstance. The good news is that the Cat Fund currently has a large amount of money at its disposal. The bad news is that the fund’s exposure is huge.
-
By Gary Fineout |
September 1, 2010
The Florida Hurricane Catastrophe Fund seems to be on solid footing this year with reduced exposure and adequate borrowing power. However, Citizens Property Insurance Corp. looks to be caught in a no-bid contract controversy
-
By Chad Hemenway, PropertyCasualty360.com |
August 9, 2010
Thanks to a string of very good luck--namely, four consecutive years of calm hurricane seasons--the Florida property insurance market appears able to absorb the blow of a large storm in addition to a series of smaller events this year.
-
By Chad Hemenway, PropertyCasualty360.com |
August 5, 2010
Florida's property insurance market appears able to absorb the blow of a large storm in addition to a series of smaller events this year.
-
By Gary Fineout |
June 1, 2010
The state-created reinsurance fund that is called the "backbone" of Florida's fragile property insurance market has returned to solid ground heading into the 2010 hurricane season.