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Investment Funds File New Suits Over Lighthouse Insurance Collapse in 2022

Three investment firms connected to some of the best-known names on Wall Street have upped the ante in a legal dispute over now-insolvent Lighthouse

Orange-county , Florida , United-states , Louisiana , New-york , Tampa , Ben-black , Lawrence-white , Patrick-white , Michael-milken , Florida-bank , Fortinbras-enterprises

Lighthouse Insurance Misled Hedge Funds Before it Collapsed in 2022, Lawsuit Claims

A Florida lawsuit brought by private equity fund Fortinbras Enterprises and three others charges that Lighthouse Property Insurance Corp. executives

Florida , United-states , Louisiana , Orlando , New-york , John-ford , James-donelon , Robert-wooley , Patrick-white , Fortinbras-enterprises , Florida-bank , Lighthouse-property-insurance-corp

Lighthouse Insurance Misled Hedge Funds Before it Collapsed in 2022, Lawsuit Claims

A Florida lawsuit brought by private equity fund Fortinbras Enterprises and three others charges that Lighthouse Property Insurance Corp. executives

Florida , United-states , Orlando , New-york , Louisiana , James-donelon , John-ford , Patrick-white , Robert-wooley , United-property-casualty-insurance-co , Silver-rock-tactical-allocation-fund , Louisiana-department-of-insurance

FL Property Insurance Loopholes A Roadmap To Fraud, Says U.S Expert

FL Property Insurance Loopholes A Roadmap To Fraud, Says U.S Expert - Tampa, FL - A spokesman for the national Insurance Information Institute blames roof contractors and unscrupulous attorneys for FL insurance crisis.

Volusia-county , Florida , United-states , California , Floridians , Jason-pizzo , Jimmy-patronis , Ron-desantis , Alex-sink , Tim-cerio , Dann-lawrence-white , Michael-yaworsky

Urgent action on insurance incentives rebuffed by Louisiana lawmakers [The Advocate, Baton Rouge, La.]

Urgent action on insurance incentives rebuffed by Louisiana lawmakers [The Advocate, Baton Rouge, La.]
insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.

Louisiana , United-states , Iver-ridge , Baton-rouge , Lafayette , Kirk-talbot , Mike-huval , Page-cortez , Southern-fidelity-insurance-co , Louisiana-incentive-program-at , House-insurance-committee , Senate-insurance-committee

State regulators place United Property and Casualty under administrative supervision

United Property and Casualty Insurance Co. reported nearly $170M in losses last quarter.

Florida , United-states , Petersburg , Sankt-peterburg , Russia , Casualty-insurance-company , Southern-fidelity-insurance-co , Fednat-insurance-co , Office-of-insurance-regulation , Casualty-insurance-co , Lighthouse-property-insurance-corp

SIXTH property insurer declares bankruptcy after Hurricane Ian

The insurance industry is not doing so well as the sixth insurance company so far this year declares insolvency. According to reports, state regulators in Florida have asked a judge to place a [...]

Florida , United-states , Tallahassee , Southern-fidelity-insurance-co , Florida-department-of-financial-services , Avatar-property-casualty-insurance-co , Office-of-insurance-regulation , Monarch-national-insurance-co , Casualty-insurance-co , Department-of-financial-service-division-rehabilitation , Citizens-property-insurance-corp

State program placed Louisiana's riskiest policies with untested insurers; many then failed – InsuranceNewsNet

State program placed Louisiana's riskiest policies with untested insurers; many then failed – InsuranceNewsNet
insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.

Louisiana , United-states , New-orleans , River-ridge , Metairie , Florida , Clearwater , Abbeville , Slidell , Louisianans , Ryan-bourriaque , Robert-hartwig

Judge OK receiver for failed property insurance company

A Leon County circuit judge Tuesday approved a request to appoint the Florida Department of Financial Services as a receiver for the insolvent FedNat Insurance Co.

Florida , United-states , Leon-county , Angela-dempsey , Southern-fidelity-insurance-co , Florida-department-of-financial-services , Avatar-property-casualty-insurance-co , Office-of-insurance-regulation , Office-of-insurance-regulation-on-sept , Monarch-national-insurance-co , Fednat-insurance-co , Casualty-insurance-co

Sixth Florida property-insurance company goes under

When property insurers become insolvent, the non-profit Florida Insurance Guaranty Association typically steps in to pay claims.

Florida , United-states , Virginia , David-altmaier , Jimmy-patronis , Southern-fidelity-insurance-co , Florida-department-of-financial-services , Avatar-property-casualty-insurance-co , Office-of-insurance-regulation , Office-of-insurance-regulation-on-sept , Monarch-national-insurance-co , Department-of-financial-services