Citizens is the insurer of last resort in Florida and if its reserves are depleted, every policyholder in the state could pay.

The selling could reflect profit-taking. There also could be investor concern about weakening pricing of property and ...

Commercial insurance is one of the most important investments you can make when starting a new company. Good commercial insurance will protect your company from severe financial loss and can be ...

You own a business with high fire risks (restaurants, factories, warehouses). You already have a property insurance policy but need additional fire protection. Choose property insurance if ...

For now, the FAIR Plan is not offering commercial property insurance policies, but plans to do so by June, Campbell said. Rates for the FAIR Plan will vary, depending on where a house is located ...

Mangrove Property Insurance Company, the Florida-based start-up led by Bermuda market veteran Stephen Weinstein, has been approved by the Florida Office of Insurance Regulation to assume policies ...

The survey compares premiums for policies ... Commercial Property market experienced a significant slowdown in pricing adjustments. These trends underscore key shifts within the commercial ...

Commercial property insurance is often bundled with general liability insurance and business interruption insurance as part of a business owners policy (BOP). The types of property typically ...

The state’s Citizens Property Insurance Corp ... they all have different business models. And so the idea is, as a residual insurer, we (Citizens) should have those policies that no one else ...

Notably, these policies would respond to claims for business interruption loss even in the absence of direct physical loss or damage to property. The authorization of this new insurance product is ...

which would mean holding multiple policies on one property. The theory is that commercial insurance companies will be more willing to take on risk when they know they’re not on the hook for the ...

The number of Floridians insured by Citizens Property Insurance Corp. fell below 1 million last ... said Tuesday that 237,323 personal-line policies and 1,527 commercial-line policies were shifted out ...