Florida-based American Capital Assurance Corp. is officially in receivership and is in the process of being liquidated after being deemed insolvent by Florida’s insurance regulator earlier this month. The Florida Department of Financial Services, which serves as the receiver for …
After negative moves by ratings agencies last month to address its financial issues, Florida’s insurance regulator says American Capital Assurance Corp. (AmCap) is insolvent and should be placed in receivership, In a letter dated April 2 to Chief Financial Officer …
The Office of Insurance Regulation (OIR) has introduced a new subscription service where consumers and other interested parties can sign up and receive their choice of communications from the Florida Office of Insurance Regulation (OIR). This includes notifications about important …
