The University of Florida’s Athletic Department is scheduled to collect $1.8 million under a Lloyd’s of London insurance policy that covers the loss of ticket revenue in the event a home game is cancelled. The University of Florida Gators were …
Florida’s insurance regulator has approved rate decreases for policyholders of Citizens Property Insurance Corp. The approval means for the first time in five years a majority of the state-backed insurer’s 998,800 policyholders will see rates go down on average. Florida …
Business interests are expected to appeal a recent ruling by a Florida circuit court judge that the state’s workers’ compensation law is unconstitutional because it no longer provides adequate benefits to injured workers giving up their right to sue. Florida …
Florida workers’ compensation writers have recommended a 2.5 percent rate decrease for 2015. The Office of Insurance Regulation has received the filing by the National Council on Compensation Insurance (NCCI), which if approved, would mark the first decrease in four …
Its successes in reducing its insured population and securing low cost catastrophic coverage are driving the request by Florida’s state-backed property insurer for a statewide average 2.9 percent decrease on residential policies. Citizens Property Insurance Corp. officials in a public …
One of the first entities to step forward and provide private flood insurance in Florida has announced it will stop writing new business in the Tampa Bay region in order to manage its exposure. The Flood Agency, which offers private …
The top official of Florida’s state-backed property insurer stepped forward yesterday to defend his organization’s international travel, arguing it was necessary to conclude a $3.1 billion risk transfer plan. Citizens Property Insurance Corp. President Barry Gilway has found himself under …
A Florida circuit court judge has ruled that the state’s workers’ compensation law is unconstitutional because it no longer provides adequate benefits to injured workers giving up their right to sue. Florida 11th Circuit Court Judge Jorge Cueto handed down …
Florida Governor Rick Scott is calling on the top official of the state-backed property insurer to explain why the insurer has deviated from its limitations on overseas travel. Citizens Property Insurance Corp. officials traveled to London and Zurich as part …
Florida State University is reportedly planning to pay the premium for an insurance policy that could pay star quarterback Jameis Winston up to $10 million in the event an injury affects his future professional career. Winston was instrumental last year …
