 "South Florida Sun-Sentinel (Fort Lauderdale, FL)")
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Citizens growth called risky: All Floridians could pay if major storm hits.
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Byline: Kathy Bushouse
May 13--When Citizens Property Insurance Corp. started in 2002, the idea was the state-backed company would eventually shrink, insuring only those who absolutely couldn't find homeowner coverage anywhere else.
What a difference a new governor makes.
With Florida's homeowners facing crippling property insurance premium increases and more private insurers dropping policies or pulling out of the state, Gov. Charlie Crist began his term in January vowing to fix the insurance crisis. His philosophy: let Citizens, the state's ...
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A.M. Best Downgrades Ratings of State Farm Florida Insurance Company.
Business Wire
; ...credit rating to "bb" from "bbb-" of State Farm Florida Insurance Company (State Farm Florida) (headquartered in Winter Haven, FL...downgrades and negative outlook are based on State Farm Florida's recent significant deterioration in...
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A.M. Best Downgrades Financial Strength Rating of State Farm Florida Insurance Company; Removes From Under Review.
Business Wire
; ...Very Good) from A- (Excellent) for State Farm Florida Insurance Company (State Farm Florida) (Winter Haven, FL). The rating has...outlook. The rating downgrade reflects State Farm Florida's marginal stand-alone risk-adjusted...
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The Hurricane Law Group Announces Class Action Lawsuits Against Allstate Floridian Insurance Co., Citizens Property Insurance Corp. and State Farm Florida Insurance Co.
Business Wire
; ...Property Insurance Corp. ("Citizens") and State Farm Florida Insurance Co. ("State Farm") on behalf of Floridians whose homes were...suit was filed against Allstate, Citizens and State Farm (three suits in total) in Florida State Court...
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A.M. Best Comments On State Farm Florida's Capital Management Efforts.
Business Wire
; ...J. -- A.M. Best Co. acknowledges State Farm Florida Insurance Company's (State Farm Florida) (Winterhaven FL) capital management...provide additional financial support for State Farm Florida in the case of any subsequent weather...
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"I say, 'goodbye, State Farm.'".(WORTH REPEATING)(State Farm Florida Insurance Co. leaving the property and casualty insurance business)(Brief article)
Magazine article from: Best's Review
; "I say, 'Goodbye, State Farm.'" --Mike Gold, chief executive of People's Trust Insurance...since 2007. Gold said his firm will gain customers now that State Farm, Florida's largest writer of homeowners multiperil policies, announced...
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State Farm Expands Florida Coverage.(State Farm Florida Insurance Co.)(Brief Article)
Magazine article from: National Underwriter Property & Casualty-Risk & Benefits Management
; State Farm Florida Insurance Company has announced that...officials say they are pleased with State Farm's decision, although it likely...exposure or probable maximum loss. State Farm Florida's action comes amid a number of...
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A.M. Best Places Rating of State Farm Florida Under Review.
Business Wire
; ...rating of A- (Excellent) of State Farm Florida Insurance Company (Winter...capitalization. Established in 1998, State Farm Florida is the dedicated producer of...reinsurance program has reduced State Farm Florida's net considerably. However...
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+(via+Knight-Ridder%2fTribune+Business+News) "South Florida Sun-Sentinel (Fort Lauderdale, Florida) (via Knight-Ridder/Tribune Business News)")
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State Farm Florida proposes rate changes.
Newspaper article from: South Florida Sun-Sentinel (Fort Lauderdale, Florida) (via Knight-Ridder/Tribune Business News)
; ...Palm Beach County customers of State Farm Florida Insurance Co., while others...a proposed rate filing that State Farm Florida submitted Wednesday to state...2,000 annual premium with State Farm Florida and live in an area targeted...
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A.M. Best Assigns State Farm Florida Insurance Co. an "A-" -Excellent- Rating.
Business Wire
; ...Excellent) rating to State Farm Florida Insurance Co., Winter Haven...The transfer of business to State Farm Florida from its affiliates will take...over the next several years. State Farm Florida's "Excellent" rating reflects...
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PUBLIC RATE HEARING FOR STATE FARM FLORIDA, AUG. 12
News Wire article from: US Fed News Service, Including US State News
; ...following news release: WHAT: Public Rate Hearing for State Farm Florida WHEN: Tuesday, Aug. 12 at 9 a.m. WHERE: Senate...BuildingRoom 401The CapitolTallahassee, FL WHY: State Farm Florida, on July 16, filed for a statewide average increase...
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