Commercial Lines

While architects, engineers, lawyers, consultants, and other professionals are finding policies at very affordable rates, those in the financial services and real estate arenas are encountering tight capacity, exclusions, and high prices.

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.

The House has passed legislation that allows recovery of noneconomic damages for maritime death victims' families, starting with the 11 workers that died in British Petroleum's current oil rig disaster.

A recent survey by the Reinsurance Association of America (RAA) showed negative movement across two critical indicators within the reinsurance marketplace.

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.

MedMal Direct bypasses the agency system and goes direct to the consumer

Despite the urgings of Florida Insurance Commissioner Kevin McCarty and others, Gov. Charlie Crist has vetoed the omnibus property insurance bill passed at the close of the 2010 legislative session.

Here is a summary of the insurance-related bills passed during the 2010 Florida legislative session.