Citizens raises $1.75B in offering

Jun 20, 2008

Orlando Sentinel–June 20, 2008 Citizens Property Insurance Corp. said Thursday that it now has $1.75 billion in financing for its high-risk account. The state-backed insurer obtained the funding by selling one- and three-year securities, and said it would use the …

Miami-Dade gets funds for hurricane hardening

Jun 20, 2008

South Florida Business Journal–June 19, 2008 South Florida Business Journal Miami-Dade County said it has been awarded nearly $18 million in funds to harden area buildings against hurricanes. Some grant recipients include Mount Sinai Medical Center, Miami-Dade College, Miami-Dade County …

LETTER TO THE EDITOR: Eye of the storm

Jun 20, 2008

Florida Today–June 20, 2008 Readers express a variety of opinions in their letters to FLORIDA TODAY. A pledge to hold insurers accountable In 2007, three years after one of the worst hurricane seasons in the state’s history, the Florida Legislature …

Editorial: Guarantee in storms is unlikely

Jun 20, 2008

News-Press–June 20, 2008 Editorial Hurricanes, and the threat of hurricanes, make living in Florida a gamble, forcing residents to choose the risk level they’re comfortable with. The foolhardy fail to stockpile basic hurricane kits. The wiser and more cautious build …

Capitol to Courthouse Headliners: Friday, June 20

Jun 20, 2008

  To view a complete story, click on a headline below:   State insurer’s board chairman stepping down The Board of Governors’ chairman for the state-created homeowners insurance company is stepping down. Bruce Douglas announced Thursday at a board meeting …

Colodny Fass Shareholders All Named Super Lawyers

Jun 20, 2008

Florida Super Lawyer Magazine, an annual publication recognizing the top attorneys in Florida, has named all Colodny Fass shareholders as “Super Lawyers®.”    Mike Colodny, Joel Fass and Maria Elena Abate were selected as 2008 Super Lawyers through a process of …

Citizens Finance and Investment Committee Meeting: June 18

Jun 20, 2008

On Wednesday, June 18, 2008, Citizens Property Insurance Corporation (“Citizens”) held a Finance and Investment Committee (“Committee”) meeting to receive an update on liquidity financing, give consent regarding the broker-dealer team, and hear the Investment Report.  To view the complete …

Capitol to Courthouse Headliners: Thursday, June 19

Jun 19, 2008

  To view a complete story, click on a headline below:   Allstate bid denied by Supreme Court Allstate had a rather large door slammed in its face Wednesday. Niche for the rich: New insurance company targets high net-worth homeowners …