The CFO of Florida's Citizens Property Insurance Corporation said today that the reinsurance risk transfe...
Florida Law Requires Post-Mortem on Insolvent Insurers, But Few Report...
Florida Law Requires Post-Mortem on Insolvent Insurers, But Few Reports Available
Florida regulators are required to perform post-mortem analyses on failed insurance companies, but few of the reports have been completed...
Article / 5 days ago
Insurer ordered to liquidate - IB
Insurer ordered to liquidate - IB
Liquidation drops the coverage of some 30,000 policyholders...
insurancebusinessmag.com /
Article / 17 days ago
Sears Tells 2nd Circ. To Keep $20M Hurricane Suit Paused - Law360
Sears Tells 2nd Circ. To Keep $20M Hurricane Suit Paused - Law360
Sears asked the Second Circuit on Tuesday to affirm a bankruptcy court's decision to pause a suit brought by a Puerto Rican mall seeking $20 million in hurricane damages....
law360.com /
Article / 18 days ago
FedNat has "substantial doubt" it can continue as a going concern
Following its recent ratings downgrade, U.S. primary insurance carrier group FedNat has admitted there is subs...
Article / 26 days ago
Lighthouse latest carrier to go into receivership on Louisiana Ida los...
Lighthouse latest carrier to go into receivership on Louisiana Ida losses
Lighthouse Property Insurance Corporation has been placed into receivership by Louisiana insurance commissioner Jim Donelon...
Article / 1 month ago
Fraud and Litigation Push Florida’s Home Insurers Into Insolvency - Bloomberg
State’s underwriter of last resort facing influx of policies; five firms yet to file results could be in finan...
bloomberg.com /
Article / 2 months ago
Florida court confirms Avatar receivership
Florida court confirms Avatar receivership
Avatar Property & Casualty Insurance Company has been ordered into receivership by a Florida court, following the...
Article / 2 months ago
Aon's Global Market Insight Q4 2021
In this, our last Global Market Insights report for 2021, we see clearly how new forms of volatility are impac...
Report / 3 months ago
Louisiana’s Donelon puts Americas Insurance into receivership after ci...
Louisiana’s Donelon puts Americas Insurance into receivership after circa $230mn Ida loss
Louisiana insurance commissioner Jim Donelon has placed Americas Insurance Company (AIC) into receivership following the homeowners...
Article / 4 months ago
Should PACICC purchase reinsurance? - Canadian Underwiter
Should PACICC purchase reinsurance? - Canadian Underwiter
Canadian P&C insurers have expressed mixed views about whether the Property and Casualty Insurance Compensation Corporation (PACICC) should purchase reinsurance...
canadianunderwriter.ca /
Article / 4 months ago