Louisiana Insurance Commissioner Jim Donelon and Department of Revenue Deputy Assistant Secretary Gary Matherne are urging those who have had a property and casualty insurance policy on their property during the last four years to claim the rebate for the …
Nearly 11,000 homeowners polices once held by Louisiana’s property insurer of last resort have been absorbed into the private insurance market, state regulators say. Louisiana Insurance Commissioner Jim Donelon announced that in a recently completed fifth annual round of depopulation …
As Insurance Journal has reported, Florida lawmakers are considering the future of the state’s largest homeowners’ insurer, Citizens Property Insurance Corp. It’s supposed to be the insurer of last resort but it’s become the first and only choice for many, …
Florida officials are filling out the board of governors for Citizens Property and Casualty Corp. Florida Chief Financial Officer Jeff Atwater announced the appointments of Nancy Baily and Rob Wallace to the board. Baily is a former chair of the …
South Florida residents will have their say over the state-backed insurer’s proposed triple-digit increase in sinkhole rates as regulators announced they will hold a public hearing on the issue in Tampa on September 13. Insurance Commissioner Kevin McCarty said his …
State Sen. Mike Fasano is rallying Florida policyholders to join him in front of the Pasco County Government Center next Tuesday in a sign-waving protest of the proposed sinkhole rate increases sought by Citizens Property Insurance Corp. Fasano is a …
Florida Chief Financial Officer Jeff Atwater has urged state insurance regulators to consider an affordable “glide path” for homeowners seeking to buy sinkhole insurance from Citizens Property Insurance Corp. Atwater questioned Insurance Commissioner Kevin McCarty about the possibility of phasing …
Florida’s largest insurer of homes and businesses, state-backed Citizens Property Insurance Corp., will ask its board to approve a sizable premium increase — 400 percent– for providing coverage on sinkhole policies, a company spokeswoman said this week. The company will …
Florida Gov. Rick Scott quickly embraced a suggestion this week by the board chairman of the state-backed Citizens Property Insurance Corp. to consider privatizing Florida’s largest insurer of business and homes. Citizens has roughly 1.4 million policies in force and …
It is axiomatic in Florida that when it comes to the legislature and insurance issues, the power brokers play for the last 72 hours. No matter how many committee meetings, no matter how many press conferences, no matter how many …
