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January 15, 2024
Lawsuits against top Florida property insurers declined overall between 2022 and 2023 and insurers say they would have declined even more if Hurricane Ian had not struck the state in September 2022. Insurers say it’s a clear sign that the legislative reforms enacted in 2022 are starting to work even if premiums have not yet followed suit. The South Florida Sun Sentinel analyzed data from a ...
December 22, 2023
It is slated to start underwriting in April, with a focus on nat cat parametric products
December 21, 2023
NormanMax Insurance Holdings, the US based parametric insurance and reinsurance group launched by New Paradigm co-founder Bradley Meier, is on-track to
December 21, 2023
NormanMax Insurance Holdings, the Ft. Lauderdale, Fla.-based parametric re/insurance group, has received "in principle" approval from Lloyd's to launch a
December 21, 2023
US parametric re/insurer NormanMax cleared for Lloyd’s syndicate
December 20, 2023
Universal Property & Casualty Insurance Co. officials are discounting the significance of recent Florida judges' rulings that have slammed the company
December 19, 2023
Universal Property & Casualty Insurance Co. officials are discounting the significance of recent Florida judges' rulings that have slammed the company
December 19, 2023
Recent Florida legislation that has limited plaintiffs' attorney fees and has raised the bar for bringing bad-faith claims against insurers appears to
December 15, 2023
Things are looking up in the buffeted Florida market, but reinsurance rates will continue to rise for the next two years, and a 2024 hurricane season could be busy.