Palm Beach Post: Ruling seen as blow to insurers wary of contractor deals

May 26th, 2015|Daily News|

“The legislature’s failure to directly address the assignment of benefits crisis will allow runaway claims to spiral further out of control,” said William Stander, executive director of the Florida Property & Casualty Association, said in April. “Coupled with the approaching hurricane season, which brings its own uncertainties, the potential for higher rates is palpable.” Read [...]

Insurance Journal: Florida’s Hurricane Insurance Fund Replenished and Ready After 9 Quiet Years

May 15th, 2015|Daily News|

Florida’s nine-year streak of avoiding hurricanes is helping the state reach a historic milestone: for the first time ever, the state-created fund designed to help pay out claims after storms has enough cash and assets on hand to pay off everything it could owe. New estimates show the Florida Hurricane Catastrophe Fund should have $17 [...]