Universal Property & Casualty Insurance Company, the second largest property insurer in Florida, has agreed to implement corrective action, including changes to its claims and underwriting practices, and pay an administrative fine to the Office of Insurance Regulation (Office) totaling …
A backlash is quickly growing against the decision of Florida’s largest property insurer to shift thousands of policies to a start-up insurance company. Just two days ago Citizens Property Insurance Corp. narrowly approved an agreement that calls for paying $52 …
Florida’s third largest property insurer is seeking a statewide average 14.9 percent increase in property rates as part of a plan to shore-up its fiscal condition while revamping the deductibles and discounts it offers to policyholders. State Farm Insurance Co. …