Drivers are required to purchase $10,000 in personal injury protection, and the measure contains provisions aimed at preventing fraud--which a state grand jury had found was prevalent under the old sta
Insurance trade groups took strong offense to remarks by Florida Gov. Charles Crist blasting homeowners carriers for seeking rate hikes and suggesting that the industry is "breaking its promises" to
WASHINGTON--Insurance industry trade groups are taking strong offense to pre-holiday remarks by Florida Gov. Charles Crist that the industry is "breaking its promises" to cut homeowners' insurance rate
William Stander, assistant vice president and regional manager for the Property Casualty Insurers Association of America (PCI), said the group had urged the governor not to sign the bill because such
South Carolina Republican Gov. Mark Sanford signed an omnibus property insurance measure into law yesterday that gives insurers incentives to cover homes in the state's wind pool territory and provide
Expansion of Florida's property insurer of last resort will dangerously shift more of the hurricane risk to businesses and taxpayers, insurance industry representatives warned following the close of
Florida has offered primary insurers below-cost reinsurance and mandated that they reduce rates to reflect this. Insurers say if there is a major catastrophe, taxpayers will be stuck because the progr