Thanks to the mounting number of insolvencies of Florida property insurers in the last two years, the Florida Insurance Guaranty Association will have to
Because Lighthouse Property Insurance Co. is domiciled in Louisiana, Florida's insurance regulators probably won't put the troubled company through the
To recoup money lost because insurers failed, the Fla. IGA OK’d a 1.3% assessment on all state policies, including homeowners, aircraft, flood, malpractice and more.
Insurance customers across the state will pay two surcharges to cover claims and litigation costs left behind by the failures of three insurance companies over the past six months. Experts worry that more are on the way, further stressing already cost-burdened homeowners.