FAIR

Author's details

Name: Jay Neal
Date registered: December 21, 2011
URL: http://www.floridainsurancereform.org

Latest posts

  1. Florida Locals Alarmed at Bill to Give State Conduit Assessment Power — April 23, 2015
  2. Florida Cabinet approves buying $2.2 billion more in catastrophe insurance By Steve Bousquet April 14, 2015 — April 16, 2015
  3. Reinsurance bad deal for Florida homeowners By Ray Rodrigues April 14, 2015 — April 16, 2015
  4. FAIR Honors Locke Burt’s Leadership in Developing Solutions that Improve Florida’s Home Insurance Market — September 23, 2014
  5. Weiss Ratings Critical of Florida Property Insurance Market Discredited — September 23, 2014

Author's posts listings

Apr 23

Florida Locals Alarmed at Bill to Give State Conduit Assessment Power

by Shelly Sigo APR 22, 2015 1:13pm ET BRADENTON, Fla. – A bill making its way through the final days of the Florida legislative session would vastly expand the financing power of the Florida Development Finance Corp. House Bill 7067, a major economic development bill, was amended in recent weeks to give FDFC the ability …

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Apr 16

Florida Cabinet approves buying $2.2 billion more in catastrophe insurance By Steve Bousquet April 14, 2015

TALLAHASSEE — Gov. Rick Scott and Cabinet members voted Tuesday to bolster the state’s catastrophic insurance fund with $2.2 billion of added coverage in advance of what forecasters predict will be another quiet hurricane season in Florida. State financial experts say the cost to a typical policyholder will be “minimal,” or a premium increase of …

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Apr 16

Reinsurance bad deal for Florida homeowners By Ray Rodrigues April 14, 2015

On Tuesday, executives from the Florida Hurricane Catastrophe Fund recommended to the state Board of Administration, consisting of Gov. Rick Scott, Chief Financial Officer Jeff Atwater and Attorney General Pam Bondi, that they approve the purchase of billions of dollars of reinsurance from the private market. I believe the proposed risk transfer is a violation …

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Sep 23

FAIR Honors Locke Burt’s Leadership in Developing Solutions that Improve Florida’s Home Insurance Market

Consumer Advocacy Group Presents Security First Insurance Chairman and President with Lifetime Achievement Award  Tampa, Fla. (September 17, 2014) – The looming and ever-present potential for catastrophic weather. A challenging regulatory environment. Premium affordability. These challenges, in addition to a diverse and vocal group of constituencies, have caused Florida to become one of the most volatile …

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Sep 23

Weiss Ratings Critical of Florida Property Insurance Market Discredited

A recent article from Reuters reported that Florida’s property insurance market may be an “accident waiting to happen.” An unbiased and balanced assessment of the market proves that this is simply untrue. The Florida property insurance market as a whole is strong, well regulated, and fully capable of paying claims when disaster strikes. The Reuters …

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