May 1, 2006
The Louisiana Department of Insurance announced that Commissioner of Insurance Jim Donelon will kick off a statewide storm awareness tour in Lake Charles on May 2. His visit will include a trip to areas hit hard by Hurricane Rita, meetings …
April 28, 2006
A $565 million hurricane preparedness budget which includes funding for response and recovery recommendations has been recommended by Gov. Jeb Bush and Lt. Governor Toni Jennings. According to Gov. Bush, the recommendations include new efforts to significantly enhance Florida’s ability …
April 28, 2006
Governor Jeb Bush has signed legislation authorizing Florida’s second annual 12-day sales tax holiday for hurricane preparedness. The Hurricane Preparedness Sales Tax Holiday is an important component of Governor Bush’s comprehensive plan to instill a “culture of preparedness” in Florida. …
April 28, 2006
As another hurricane season fast approaches, Mississippi Insurance Commissioner George Dale is encouraging Mississippi Gulf Coast residents to buy flood insurance with a simple message, it’s a bargain considering the alternative. Dale said not having flood coverage could result in …
April 28, 2006
The 2005 annual statements of Southern Family Insurance Co., Atlantic Preferred Insurance Co. and Florida Preferred Insurance Co. have been posted on the Internet by Kevin McCarty, Florida Insurance Commissioner. “I wanted everyone to see what my financial solvency people …
April 27, 2006
The Florida House Insurance Committee and the House Fiscal Council have approved CS/CS/HB 7225, and according to the Florida Insurance Council, the next stop is the full House. FIC released a side-by-side comparison of insurance legislation now in the House …
April 27, 2006
Reliable estimates reveal that between 50 to 70 percent homeowners do not have enough insurance to rebuild their homes in the event it is completely destroyed, according to a Texas-based insurance industry trade group. “It is unfortunate that many people …
April 26, 2006
Leon County (Florida) Circuit Court Judge Thomas Bateman has ordered Southern Family Insurance Company, one of three financially-troubled property insurers of the Tampa-based Poe Financial Group, into rehabilitation. The two other Poe companies appear to be on the brink of …
April 25, 2006
Florida’s Consumer Services representatives held a meeting April 21 with officials of the Tampa, Fla.-based Poe Insurance Group to discuss how to reduce the number of consumer complaints about the firm and its subsidiaries, Atlantic Preferred Insurance Company, Southern Family …
April 24, 2006
Florida insurance officials confirmed that complaints filed recently against troubled Poe Financial Group came from people who said their policies were dropped before their homes were repaired. A condominium association in Boca Raton received a letter from Poe’s Southern Family …