out of state insurers News

Florida Citizens’ Policyholders Could See Shift to Out of State Insurers

Homeowners seeking coverage from Citizens Property Insurance could wind up getting policies from unregulated out-of-state insurers. The Florida Senate on Friday voted 22-16 for a property insurance bill that could result in homeowners seeking coverage from Citizens to be shifted …

Penn. Municipal Pension Funds Get One-Time Windfall

Pennsylvania’s municipal pension funds are in line for a one-time windfall thanks to a change in how out-of-state insurers submit taxes on their casualty and fire insurance premiums. The Pittsburgh Post-Gazette reported Friday that the money comes from changing the …