Category: Archive – News

Crist presses president for catastrophe fund

Feb 12, 2009

Herald Tribune–February 12, 2009 By LLOYD DUNKELBERGER H-T CAPITAL BUREAU TALLAHASSEE – Gov. Charlie Crist used his joint appearance with President Barack Obama on Tuesday in Fort Myers to personally lobby the president for the creation of a national catastrophe …

Don’t Give Up Your State Farm Policy Yet, Say Finance Advisors

Feb 12, 2009

National Underwriter–February 12, 2009 A Florida trade group called yesterday for halt in what it said were efforts to create paranoia and make property owners shift home insurers. The statement came from National Association of Insurance and Financial Advisors-Florida which …

State Farm agents are anxious about what happens next

Feb 12, 2009

They face a fuzzy future after the company’s Florida declaration. By David Bauerlein Florida Times-Union–February 12, 2009 State Farm agent Craig Dewhurst describes the mood of his fellow agents by recalling the upheaval of 1992 when Hurricane Andrew slammed South …

City of Bradenton may charge for traffic accidents

Feb 12, 2009

Bradenton Herald–February 12, 2009 By CARL MARIO NUDI BRADENTON – In the future, you may receive a bill for a service fee when Bradenton Police have to direct traffic because you caused a vehicle crash. The City Council on Wednesday …

Fla. Insurance Startups Have A Cat Fund Worry

Feb 10, 2009

National Underwriter–February 10, 2009 BY DANIEL HAYSNU Online News Service The Florida Hurricane Catastrophe Fund, a key reinsurance provider, has a shortfall of $18.5 billion, which could pose problems for some of the state’s recent insurance startups, state officials indicated. …

Florida looks for ways to boost hurricane fund

Feb 10, 2009

Sarasota Herald-Tribune–February 10, 2009 By LLOYD DUNKELBERGER H-T CAPITAL BUREAU TALLAHASSEE – With State Farm pulling out of the Florida property insurance market, the Senate budget chairman Monday expressed concern about many of those consumers moving into new insurance companies …

Small insurance companies vie for State Farm customers

Feb 10, 2009

Treasure Coast Palm–February 9, 2009 By Julie Patel, Sun-Sentinel Many of Florida’s 1.2 million State Farm policyholders aren’t waiting to find new property insurance after the surprise announcement last month that State Farm is pulling out of Florida. And the …