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News & Resources

Further growth expected in 2018 as alternative capital hits $89bn, Aon Benfield reports

April 19, 2018
Category Florida Insurance and Political Headlines

Analysis from global reinsurance broker Aon Benfield shows that alternative reinsurance capital growth again outpaced traditional market expansion in 2017, underlining its growing influence in the market.  Artimis.bm...

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North Carolina Homeowners Insurers Agree to 4.8% Rate Increase

April 19, 2018
Category Florida Insurance and Political Headlines

The agreement between the two parties effectively ends the legal dispute that began late last year when NCRB requested an 18.7 percent homeowners’ insurance rate increase, Insurance Journal reports....

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Hyundai forms partnership for usage-based insurance

April 19, 2018
Category Florida Insurance and Political Headlines

Under the agreement, Hyundai will supply Verisk with driving data from consenting car owners through its Blue Link connected car service, which is available on the entire Hyundai line-up, starting with 2018 model year...

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U.S. Senate votes to kill consumer bureau auto-lending restrictions

April 19, 2018
Category Florida Insurance and Political Headlines

The Consumer Financial Protection Bureau had sought to eliminate dealer markups over concerns that black and Latino customers were often charged higher rates than whites with identical credit profiles, citing several analyses...

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Accounting class-action suits hit record levels

April 19, 2018
Category Florida Insurance and Political Headlines

The annual report, from Cornerstone Research, found a record number of 165 accounting filings during 2017, nearly twice the 88 filed the previous year, Accounting Today reports....

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After Amazon Conquers Banking, Insurance Could be Next

April 19, 2018
Category Florida Insurance and Political Headlines

Once Amazon establishes a co-branded basic banking service, Bain & Co. expects the internet giant to move steadily but surely into other financial products including lending, mortgages, property/casualty insurance, wealth...

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Demotech Affirms “A” Ratings of Florida Insurers

April 16, 2018
Category Florida Insurance and Political Headlines

Demotech will not downgrade any of the 16 Florida homeowners insurers that it said earlier this year could face financial stability ratings adjustments because of hurricane losses and assignment of benefits litigation during...

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Florida AOB Reform Efforts Fail Again as Parkland Tragedy Derails Legislative Session

April 16, 2018
Category Florida Insurance and Political Headlines

With over 900 items on the Florida legislative docket and only 60 days to consider them, it’s not surprising that many bills simply died in committee or were never seriously considered, Insurance Journal’s Patrick Wright...

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Haas Automation still liable in 2 out of 3 cases involving auction of Golden Beach homes

April 16, 2018
Category Florida Insurance and Political Headlines

The Florida Third District Court of Appeals in Miami gave a multi-faceted ruling on April 4 in response to an appeal from the Circuit Court for Miami-Dade County involving three related lawsuits resulting from the sale of two...

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Panel tees up proposed changes to Florida constitution

April 16, 2018
Category Florida Insurance and Political Headlines

The Florida Constitution Revision Commission is heading to the finish line, THE NEWS SERVICE OF FLORIDA reports via FloridaPolitics.com....

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