X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

In the 30 years I’ve worked in Florida’s insurance arena, I have seen regulation and legislative changes implemented with the single purpose of assuring greater liquidity and decreased insolvency of regulated carriers. Yet literally hundreds of property and liability companies have liquidated for a litany of issues, including inadequate access to reinsurance.

As the ability to maintain adequate surplus becomes more difficult, an increasing number of insurers are being forced to decrease premium writings, take on less risk, and raise additional capital. As a result, the number of private carriers is decreasing.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

Dig Deeper

 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.