Effective immediately, Allstate Floridian Insurance Co. has announced it will raise Florida homeowners rates 28 percent and the company plans to file a request to have the increase approved in July. State law allows companies to begin increasing rates before …
A state worker who was assigned to process Federal Emergency Management Agency claims, and who was indicted in Miami in 1998 for planning to steal nearly $48,000 in bogus hurricane claims, has been returned from Panama to the United States …
With the start of hurricane season, June 1, just days away, Citizens Property Insurance Corporation is advising policyholders to make preparations now, before a possible storm. The state’s insurer of last resort is also announcing improvements it ways will better …
Allstate Floridian, the state’s third-largest provider of homeowners insurance has applied to the Florida Office of Insurance Regulation in Tallahassee to scale back its insurance risk in Florida by dropping 95,000 homeowner’s policies state-wide and totally eliminating its commercial coverage. …
The Florida Legislature debated SB 1486, an 83-page insurance bill, until the early morning hours on Saturday and approved a document that makes major changes in how claims will be handled, starting with the next storm. The Legislature passed the …
The Federal Emergency Management Agency is being criticized in Florida for being too slow to pay counties for hurricane claims and too aggressive in paying benefits for people who died during last year’s hurricanes; and Mel Brown, FEMA director has …
The Property Casualty Insurers Association of America (PCI) is urging the Florida Legislature to establish an annual hurricane deductible for insurers and lower the threshold of losses that an insurer must sustain before it can recover money from the Florida …
More than 100 consumers spent five-and-a-half hours March 12 voicing their concerns about unpaid insurance claims in the aftermath of Hurricane Charley at a town hall meeting in Punta Gorda, Fla. attended by Chief Financial Officer Tom Gallagher and his …
Allstate Floridian Insurance Company has launched a statewide education campaign to inform homeowners on urgent property insurance reforms needed as the Florida Legislature begins its 2005 annual session. Research conducted among Florida homeowners by Allstate Floridian reportedly revealed that many …
On Thursday morning, Florida’s Chief Financial Officer Tom Gallagher held a news conference and expressed his desire to meet “eyeball-to-eyeball” with the heads of insurance companies to discuss open hurricane claims. Five insurance companies were named including Vanguard Fire & …