As Florida’s 2013 legislative session draws near, state lawmakers once again are preparing to examine reforms to the Sunshine State’s property insurance system. Most notable, of course, are proposals to shrink the state-run Citizens Property Insurance Corp. and/or the Florida …
New York State’s NYS 2100 Commission, created in the wake of Sandy to offer recommendations on ways to better prepare for natural disasters, is out with its initial report, including a section on potential changes to the insurance environment. Perhaps …
Good news out of the Pelican State. While similar state-run insurance entities in Florida and Texas continue to grow at unsustainable paces, Louisiana Citizens Property Insurance Corp. has managed to reduce its policy count by 43% since its post-Katrina high …
The White House and U.S. Department of Homeland Security are expected to come forward in the coming days or weeks with a request to raise the National Flood Insurance Program’s borrowing authority, as the program appears certain to need additional …
A coalition of business and consumer interests are pushing for rapid approval of a plan floated by Citizens Property Insurance Corp. to speed its depopulation efforts by offering loans to private insurers made out of Citizens’ own surplus as an …
The Florida Office of Insurance Regulation
It appears that Louisiana Citizens Property Insurance Corp. may not have to draw on its Pelican Re catastrophe bond, after all. In an interview with The (Baton Rouge) Advocate, Louisiana Insurance Commissioner Jim Donelon said he expects claims to the …
Florida’s Citizens Property Insurance Corp. can now breath a major sigh of relief, as Tropical Storm Isaac delivered just a glancing blow to South Florida and the Keys before making its way out into the Gulf of Mexico’s warm open …
According to its official tourism marketing corporation, the State of Florida welcomed 87.3 million visitors in 2011, whose $67.2 billion of spending generated nearly a quarter of the state’s sales tax revenue. As the nation’s most important locus for travel, …
That headline comes us by way of “Grandpa” Straub, a farmer from Fairbury, Ill. who also serves as the star of the latest edition of National Public Radio’s always excellent Planet Money podcast. Amid a worst-in-a-generation drought that has seen …
