Alabama residents who have their homeowners insurance through the state’s second largest property insurer must now include their auto coverage as part of their insurance package. Alfa Insurance Co. announced it will no longer underwrite single homeowners policies in Alabama. …
Florida regulators have given the go-ahead for an insurer that wants to provide foreign nationals with access to the U.S. health insurance market. Insurance Commissioner Kevin McCarty announced that Best Doctors Limited has been approved to be the first offshore …
One county in Florida has decided not to wait on state lawmakers’ promise to address the insurance fraud and fix the state’s automobile no-fault law. It has passed its own ordinance to crack down on fraudulent medical clinics. The Hillsborough …
With four months to go before Florida’s legislative session, lawmakers are already considering the future of the state’s largest homeowners’ insurer. However, there are few easy answers in sight. Citizens Property and Casualty Insurance Corp. Chief Financial Officer Sharon Binnun …
Florida residents covered through the state’s largest homeowner insurer will soon pay more for coverage after the insurer ratified a number of rate hikes recently approved by regulators. The Citizens Property Insurance Corp. board of governors voted unanimously to approve …
Florida employers could have to pay more in workers’ compensation premiums if regulators go along with a proposed statewide average 8.9 percent rate hike. The rate change may also trigger legislative action to clamp down on doctor-dispensed drugs and the …
Florida has added its first reinsurer from the United Kingdom to a list of reinsurers taking advantage of a state law that reduces reinsurers’ capital requirements. In an effort to attract more private capital to the state, lawmakers in 2009 …
With four months to go before Florida’s legislative session, lawmakers are already considering the future of the state’s largest homeowners’ insurer. However, there are few easy answers in sight. Citizens Property and Casualty Insurance Corp. Chief Financial Officer Sharon Binnun …
Florida churches are having to seek insurance elsewhere after one of the state’s provider of coverage to houses of worship has decided to leave the market. State Farm Florida recently announced it will exit the church market, a move that …
Commercial insurers in Florida will no longer have to seek prior approval from state regulators before changing some of the rates they charge under a new law that took effect October 1. Earlier this year, Florida lawmakers enacted a law …
