Tag: Department of Insurance Regulation
Image via AP.

Michael MolineOctober 18, 2016
disaster-hurricane-1024x1024.jpg

5min337
The Florida Hurricane Catastrophe Fund holds $17.5 billion in liquid assets, enough to meet its statutorily mandated reserves with $500 million left over, administrators said Tuesday. Furthermore, the fund, a backstop to the state’s property insurance companies, can easily go to the financial markets to raise money if Florida suffers storm damage sufficient to strain […]

Michael MolineOctober 12, 2016
hurricane-Matthew.jpg

1min256
Insurance claims related to Hurricane Matthew are arriving in earnest now — more than 39,000 of them as of Wednesday. The exact number, according to the Florida Department of Insurance Regulation, was 39,302. Estimated losses stood at $218 million. Of the total claims, 650 had been closed with payments to the policyholders; another 1,027 were closed without payments. […]


#FlaPol

Florida Politics is a statewide, new media platform covering campaigns, elections, government, policy, and lobbying in Florida. This platform and all of its content are owned by Extensive Enterprises Media.

Publisher: Peter Schorsch @PeterSchorschFL

Contributors & reporters: Phil Ammann, Drew Dixon, Roseanne Dunkelberger, A.G. Gancarski, William March, Ryan Nicol, Jacob Ogles, Cole Pepper, Jesse Scheckner, Drew Wilson, and Mike Wright.

Email: [email protected]
Twitter: @PeterSchorschFL
Phone: (727) 642-3162
Address: 204 37th Avenue North #182
St. Petersburg, Florida 33704