tampa insurance

Florida Legislature turns blind eye to property insurance reform

By Toluse Olorunnipa, Times/Herald Tallahassee Bureau Toluse Olorunnipa, Tampa Bay Times In Print: Monday, August 13, 2012 TALLAHASSEE — Property insurance reform was nowhere to be found among Gov. Rick Scott’s “legislative priorities” during this year’s lawmaking session in Tallahassee. But even as Scott pushed publicly for lawmakers to pass bills on car insurance...

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Florida home insurers lining up for rate hikes

By Julie Patel, Sun Sentinel 4:09 a.m. EDT, July 25, 2012 Although Florida has dodged a direct hit from a hurricane for almost seven years, three major home insurers want to raise rates. Allstate’s Castle Key Insurance and Castle Key Indemnity want 32.7 percent and 21.9 percent statewide average increases; Universal Insurance Co. of North America wants a 22 percent average increase and...

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Florida home insurers lining up for rate hikes

By Julie Patel, Sun Sentinel4:09 a.m. EDT, July 25, 2012 Although Florida has dodged a direct hit from a hurricane for almost seven years, three major home insurers want to raise rates. Allstate’s Castle Key Insurance and Castle Key Indemnity want 32.7 percent and 21.9 percent statewide average increases; Universal Insurance Co. of North America wants a 22 percent average increase and...

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Hurricane Emilia forms over the Pacific; not expected to threaten any land

MIAMI – Emilia has strengthened to a hurricane in the Pacific south of Mexico, but is not posing a threat to land. The hurricane’s maximum sustained winds early Monday are near 75 mph (120 kph) with additional strengthening expected. Emilia is centred about 760 miles (1,225 kilometres) south of the southern tip of Mexico’s Baja California and is moving west-northwest near 12...

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Gov. Scott to Florida Insurance Agents: There’s More Work Ahead

Speaking at the Florida Association of Insurance Agents Annual Convention and Education Symposium, Scott laid out his perspective on the state of the state’s insurance environment. At the top of his agenda is his ongoing to push to depopulate Citizens Property Insurance Corp. that now has 1.45 million policyholders. “It has $500 billion in risk; why you would ever do this makes zero sense,” said...

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