Editor's Choice |
February 24, 2010 |
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How Not to Handle Property Coverage |
By Lynne McChristian |
Florida's residual market, Citizens Property Insurance Corp., has about three-and-a-half times more exposure to loss than the combined residual markets in seven other hurricane-prone states. That growth in the state's so-called "market of last resort" is a combination of political pressure and geography…Read more |
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Top News |
The Continuing Challenges of Florida's E&S Market |
By Joan E. Collier |
Because of its unique position in the industry, excess and surplus operations are relatively free of regulatory interference. E&S is not, however, immune to the problems of the overall economy. In Florida, the trending for E&S premiums written has been a fairly consistent drop off for the past several years…Read more |
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This Year's Major Insurance Bill Targets Sinkhole Claims |
By Gary Fineout |
For the third year in a row, Florida lawmakers have unveiled a major property insurance bill. This year's bill, SB 408, seeks to make sweeping changes to everything from sinkhole coverage to how much policyholders could get paid after damages to their home…Read more |
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Fla. Stops Health Care Law Implementation |
By Arthur D. Postal |
Florida has shut down its implementation of the health care reform law in the wake of a decision by a Pensacola federal judge declaring the law unconstitutional. According to Florida Insurance Commissioner Kevin McCarty, the Patient Protection and Affordable Care Act "is not now in effect in Florida."…Read more |
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