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Agency to borrow $150 Million for Florida property insurance claims

The Board of Directors made the decision to borrow $150 Million after five property insurers have gone insolvent in Florida since February.

United statesCorey nealSouthern fidelity insurance coAvatar property casualty insurance coFlorida insurance guaranty association board of directorsCasualty insurance coLighthouse property insurance corpJohns insurance coFlorida insurance guaranty association boardWeston propertyAvatar propertyCasualty insuranceJohns insurance

A Florida agency will borrow $150 million for property insurance claims

The agency's board of directors made the decision to borrow $150 Million after five property insurers have gone insolvent in Florida since February.

United statesCorey nealSouthern fidelity insurance coAvatar property casualty insurance coFlorida insurance guaranty association board of directorsCasualty insurance coLighthouse property insurance corpJohns insurance coFlorida insurance guaranty association boardWeston propertyAvatar propertyCasualty insuranceJohns insurance

Agency to borrow $150 Million for Florida property insurance claims

The Board of Directors made the decision to borrow $150 Million after five property insurers have gone insolvent in Florida since February.

United statesCorey nealSouthern fidelity insurance coAvatar property casualty insurance coFlorida insurance guaranty association board of directorsCasualty insurance coLighthouse property insurance corpJohns insurance coFlorida insurance guaranty association boardWeston propertyAvatar propertyCasualty insuranceJohns insurance

Agency To Borrow $150M For Florida Insurance Claims

In more fallout from Florida’s troubled property-insurance market, an agency that handles claims after insurers go insolvent approved.

United statesCorey nealSouthern fidelity insurance coAvatar property casualty insurance coFlorida insurance guaranty association board of directorsNational headlinesCasualty insurance coJohns insurance coLighthouse property insurance corpFlorida insurance guaranty association boardWeston propertyAvatar propertyCasualty insuranceJohns insuranceTampa area local news

If more than 2 big storms hit Florida this year, insurers could be in trouble

If more than 2 big storms hit Florida this year, insurers could be in trouble
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United statesFreddie macJohn rollinsJoe petrelliPaul handerhanDavid altmaierJimmy patronisRon hurtibiseStacey giuliantiMark friedlanderFlorida office of insurance regulationAssociation for insurance reformLighthouse property insurance coEvans insurance groupTribune content agencyFlorida hurricane catastrophe fund

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