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By Staff Writer |
March 14, 2012
The RAND Corporation, Risk Management Solutions, Inc. (RMS), and private investors launches a company named Praedicat, Inc., that will provide consulting services and software to the property & casualty insurance industry.
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By Chad Hemenway, PropertyCasualty360.com |
February 24, 2012
Throughout the country surplus-lines carriers are being affected by newly enacted and proposed legislation, but a measure being mulled in Florida is looking at these unregulated high-risk writers to help save the state’s residential market.
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By Chad Hemenway, PropertyCasualty360.com |
February 23, 2012
Desperate to shrink its dangerously overexposed state-run insurer, Florida is floating legislation to allow eligible surplus-lines insurers to take policies from Citizens Property Insurance Corp., the state’s ostensible last-resort insurer.
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By Mark E. Ruquet, PropertyCasualty360.com |
December 2, 2011
More than half of all property renewals experienced increases during the fourth quarter as more accounts are finding it difficult to obtain savings on their insurance placements, according to a report released by insurance broker Marsh.
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By Chad Hemenway, PropertyCasualty360.com |
October 25, 2011
Companion bills introduced in the Florida House and Senate would allow surplus-lines insurers to participate in a program to depopulate the state’s supposed insurer of last resort.
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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.
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By Gary Fineout |
July 27, 2011
Some people are so frustrated that state lawmakers have been unwilling to make major changes to Citizens Property Insurance Corp. that they want legislators to consider privatizing part of the company. Will that cause a storm of controversy?
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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 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.
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By Chad Hemenway, PropertyCasualty360.com |
June 2, 2011
Forecasters say Florida is among the most likely states to get a hurricane landfall, and storm activity is supposed to be above normal, putting all property insurers in this extremely volatile market on notice.
