News

A Riverside, Calif. man has pled guilty to a whopping 59 felony counts of grand theft, among other charges.

Finally, some good news about the Florida property insurance market.

House and Senate negotiators added at the last moment a tax on large financial institutions, including insurers, before completing work early today on sweeping financial services legislation.

A 5 percent rate increase by the Texas Windstorm Insurance Association may lead to more stability for consumers, said an official from an independent agent association in the state.

Florida residents have more carriers to choose from when shopping for homeowners insurance compared to other hurricane-prone states, but the financial strength of new entrants there is "questionable," according to Weiss Ratings.

Florida Insurance Commissioner Kevin McCarty has issued a Final Order to a dozen entities, including companies and their officers, for the unauthorized sale of health insurance products in Florida.