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Property insurer, reinsurance brokerage sued for fraud

Investment group claims it was defrauded of $65 million by liquidated insurer Lighthouse and the former TigerRisk ....

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Florida residents set to pay for insurance failures throughout 2023

A 0.7% assessment on all non-auto insurance policies will begin Jan. 1, 2023 and last throughout the year. ....

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Assessments on insurance bills could linger after another company goes belly up

'The question is, do we have enough cash for our latest insolvency? And the answer is we don’t know.' ....

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Florida insurance companies leave residents with bill

“Every single property owner in the state is going to pay for failed insurers with a special assessment that will be tacked on to their next home insurance renewal bill." ....

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Coastal News Today | USA - Ida insolvencies continue, as Florida runs out of road: ALIRT

Property insurers on the hurricane exposed coast of the United States are increasingly at-risk of failure due to “solvency-threatening storms”, with the latest insolvency being Lighthouse in Louisiana, but Florida continues to be the most challenged state. ....

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