National Underwriter Magazine reported today, June 9, 2010, that the National Flood Insurance Program (“NFIP”) will pay claims for damage to homes and contents from oil driven ashore during hurricanes....
To view a complete story, click on a headline below: Bupa Insurance downgraded by ratings agency A major insurance rating agency has downgraded its outlook on Miami-based Bupa Insurance Co., from stable to negative....
The following article was published by The New York Times on June 8, 2010 www.nytimes.com By JO BECKER On Jan. 24, 2009, a rusting freighter flying a Hong Kong flag dropped anchor in the South African port of Durban. The stop...
To view a complete story, click on a headline below: A.M. Best Outlook Revised to Positive for Nationwide Insurance Company of Florida A.M. Best Co. has revised the outlook to positive from stable and affirmed the...
The following article appeared in Insurance Journal on June 7, 2010: A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of ‘B-‘ (Fair) and issuer credit rating...
Presentation material distributed at the June 3-4 Florida Hurricane Catastrophe Fund 2010 Participating Insurers Workshop was published today, June 7, 2010. The following reports and outlines are available (click...
The 10th Annual Florida Hurricane Catastrophe Fund (“FHCF”) Participating Insurers Workshop began its two-day agenda on June 3, 2010 in Orlando. Former State of Florida Chief Financial Officer...
Following is a listing of insurance-related Florida regulatory events for the week of June 7 – 11, 2010: Note: All times are Eastern Time. Additional information is available via hyperlink were...
June 4, 2010, 9:20 am The credit rating agencies have been under continuing assault for the triple-A ratings they gave to billions of dollars of mortgage-backed securities that turned out to be virtually worthless when...
To view a complete story, click on a headline below: Destin-area woman files class-action suit against BP, Halliburton and others over oil spill A Destin-area woman filed suit in USDC Middle District Court on Monday...