insurance regulation Archives

Bankrupt Florida property insurer placed into receivership

Last August, the St. Petersburg, FL-based UPC announced that it would exit Florida’s homeowners’ insurance market. Tampa Bay Times reported

“It will take years for the impacts of fraud and legal system abuse to be wrung out of the system

In its continued mission to protect customers and ensure a competitive insurance market, the National Association of Insurance

The bill’s aim to ban the use of non-driving factors in rate setting has been criticized by industry groups. “The

Apart from attracting new insurance business to the state, it is hoped that HB1 will also encourage existing insurers to

“It is critical that we fund this program, which will save Louisianans money on their homeowners insurance,” said Louisiana Insurance

Donelon proposed setting aside $45 million for an incentive fund previously established by lawmakers, to entice up to seven insurers

Of the $750 million being provided under the bill, $350 million will go to support local governments for FEMA Public

“It was great to preside over the work this committee did in the past year that led to the adoption

California’s insurance regulator has implemented new rules that now require insurers to assess the wildfire risk of their