Insurance Journal
 
 

Top 10 for the Past Week

 
 
 
1.

Florida Senate Committee Passes Insurance Market Rescue Bill 19-2

May 24, 2022 -- A Florida Senate committee overwhelmingly approved two measures Monday that supporters believe will go a long way toward trimming roof claims,...
 
2.

Florida Legislature Wraps Early with Insurance Fund, Roof and Condo Bills

May 26, 2022 -- By Wednesday morning, it was all over except for the speeches. The five-day special session on the insurance crisis turned into just three days,...
 
3.

FedNat to Cancel 56,000 Policies Under Restructuring Plan; Monarch Finds Investor

May 16, 2022 -- Starting today, May 16, Florida insurance agents and 68,000 policyholders will have 45 days to find new homeowners and dwelling coverage, under a...
 
4.

State Farm Drops Support of LBGTQ Awareness Group After 'Creepy Neighbor' Campaign

May 25, 2022 -- After an uproar from conservative groups, State Farm Insurance has dropped its support of a group that said it was battling misinformed opinions on...
 
5.

Florida DFS Posts Autopsy Reports on 18 Insolvent Insurers, 2012-2017

May 23, 2022 -- A week after a Florida news report pointed out that few people seem to know that post-insolvency autopsies are required by law, the state...
 
6.

Florida Insurance Groups Divided on Proposed Special Session Bill

May 22, 2022 -- Florida's insurance community appears to be split, at least to some degree, on the impact that two draft bills will have on the property insurance...
 
7.

Florida Appeals Court Slashes $600,000 Attorney Fee on $52,000 Claim

May 20, 2022 -- Florida may have one of the most generous attorney-fee mechanisms in the country, sometimes resulting in plaintiff's fees that are several times...
 
8.

People's Trust, Southern Fidelity Stop Writing New Business in Florida

May 27, 2022 -- Two more property insurers, including two of Florida's larger carriers, did not wait around to see what help the just-concluded special session of...
 
9.

Memo to Brokers: Stick With Loyal Insurers/MGAs, Price Isn't the Only Differentiator

May 23, 2022 -- Instead of oscillating between extreme hard and soft markets, the insurance industry needs to promote a more sustainable business model that will...
 
10.

P/C Industry Posts 2021 Underwriting Loss but Surplus Hits $1 Trillion

May 26, 2022 -- Full-year net income for U.S. property/casualty insurers increased slightly to $61.9 billion from $60.3 billion in 2020, but the industry turned in...
 
 
 

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