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New insurance companies in Florida must be approved by the Office of Insurance Regulation (OIR), which reviews the firm's business plan, projections and financial condition. The judgment of the OIR has been questioned because six of the 18 companies licensed to write "takeout" policies between 2007 and 2011 failed, even though Florida had no ...
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
Several large insurance companies such as Farmers Insurance, Progressive Home and AAA, who have announced rounds of non-renewals and even outright leaving Florida in some cases, have paved the way ...
Depending on where you buy it from, short-term rental insurance may be available as an add-on to your home insurance or as a separate policy. These insurers include: Allstate. Proper Insurance ...
American Modern Insurance Group, Inc., operating under the American Modern® insurance brand, is the holding company for a number of subsidiary property and casualty insurance companies that provide specialty products for owners of a variety of specialty dwellings such as houses, seasonal homes and mobile homes, and collectable or recreational vehicles such as watercraft, snowmobiles and ...
Earlier this month, the Florida Senate passed Senate Bill 280, which establishes local registration programs for short-term rentals, limits the number of guests in rental properties and puts in ...
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