Senator Garrett Richter: Florida needs solvent insurance system amid a ‘sinkhole crisis’

February 28th, 2011|Daily News|

Sen. Garrett Richter, R-Naples, drafted the following letter on SB 2044, a bill that was intended to strengthen the insurance market, attract more competition and reduce rampant fraud. Read the entire letter here

Sun-Sentinel: The Business of Sinkholes

February 26th, 2011|Daily News|

The Sun-Sentinel reports on the rising number of sinkhole claims in the state - and why things just don't add up. Read the entire story here

Mercury General exits Florida insurance market; Cites fourth quarter losses

February 7th, 2011|Daily News|

According to reports by the Insurance Journal, Mercury General said it would begin the process of withdrawing from Florida's homeowners insurance market. The company expects the withdrawal to be complete in the second half of 2012. Read the entire story here