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1 through 20 of 54 matching documents, newest pages first.   Sort by relevance

Illinois Insurance Director Files Lawsuit to Force State Farm National Homeowners Data Release
Illinois customers or the cost of their insurance." A hearing is set for Dec. 15 in the Circuit Court of Cook County, Illinois. The Illinois Department of Insurance's demand in the ...
Source: BestWire   Date: October 15, 2025
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State Farm General Estimates LA Fire Direct Losses at $7.6 Billion, $400 Million Drain on Surplus
State Farm Mutual Automobile Insurance Co. serves as the primary reinsurer for State Farm General and will assume the majority of losses related to these fires, State Farm General ...
Source: BestWire   Date: February 27, 2025
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Heritage CEO: Hurricane Matthew Projected Losses May Be Lower Than $500 Million Loss Guidance
Florida but remained offshore, as of the morning of Oct. 7, leading to hopes that damage and insured losses won't be as high as projected, according to the chief executive officer ...
Source: BestWire   Date: October 7, 2016
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Update: Lower Spreads, Large Issuance Accent 1Q Cat Bond Market
...This clarifies information in the fourth paragraph.) The catastrophe bond market saw about $1.3 billion worth of property/casualty bonds issued in the first quarter, leaving ...
Source: BestWire   Date: April 9, 2014
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AM Best: New Sponsors Coming to Cat Bond Market as Market Appears on Pace With Last Year
American Coastal Insurance Co., the Turkish Catastrophe Insurance Pool, North Carolina Joint Underwriting Association/Insurance Underwriting Association and Cincinnati Insurance ...
Source: BestWire   Date: May 15, 2013
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BestWeek: State Farm's Move to Cut Flat Dollar-Fee Deductibles in Texas May Appeal to Other Writers
State Farm makes out with both regulators and consumers in Texas. Also included are five pages of coverage of the Les Rendez-Vous de Septembre in Monte Carlo, which took place from ...
Source: BestWire   Date: September 16, 2011
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Guy Carpenter: Fla. Reinsurance Rates Dropped 10% to 12% at June 1
Atlantic hurricane season. For some primary writers, especially for Florida-only writers, the state-run cat fund may provide upwards of 50% of their reinsurance book, Mowery said. ...
Source: BestWire   Date: June 2, 2010
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As Haiti Puts Spotlight on Quake Risk, U.S. Customers Still Not Buying Cover
Benfield Analytics and chairman, Aon Benfield Securities. On one hand, U.S. construction standards are higher than Haiti's, so damage from a U.S. quake -- even one hitting a major ...
Source: BestWire   Date: February 8, 2010
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Without the Wind Blowing, Florida Insurers Struggle to Hang On
Capitol Preferred Insurance Co. and Southern Fidelity Insurance Co. Companies can lose up to 90% of the wind rate after discounts, he said. "These credits were not created in a ...
Source: BestWire   Date: October 19, 2009
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BestWeek: State Farm Florida Customers Dipping Toes in Property Insurance Market
Capital Preferred Insurance Co. and Southern Fidelity Insurance Co. told BestWeek. Also in BestWeek Europe, after nearly four years on the job, Jacques Aigrain resigned as chief ...
Source: BestWire   Date: February 13, 2009
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Competitors, Regulators See Silver Lining in State Farm's Fla. Departure
...Good bye, State Farm,'" Gold said. "You can't keep being your own reinsurer, taking money from the right pocket, putting it in the left pocket and then tell us the right one is ...
Source: BestWire   Date: February 2, 2009
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BestWeek: Competitors, Regulators See Silver Lining in State Farm's Fla. Departure
And also in BestWeek U.S./Canada, Washington has finally been prodded into conjuring some regulatory oversight of the derivatives markets, including the credit default swap ...
Source: BestWire   Date: January 30, 2009
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Perspectives: Big Decisions Regarding Homeowners Insurance Again Face Florida Legislators, Regulators
Florida might have to turn around and do the exact same thing. That'll be up to Florida's elected officials as the legislative session approaches. On Jan. 14, the Florida Senate's ...
Source: BestWire   Date: January 12, 2009
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Florida Judge Rules Against State Farm Rate Increase
State Farm Florida filed the rate request in July. The company said it was paying out $1.20 in claims for every dollar it collects in premium (BestWire, July 17, 2008). The rate ...
Source: BestWire   Date: December 15, 2008
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State Farm's Hurricane Ike-Related Claims Exceed 100,000
Michigan and Pennsylvania, McCollum said. Texas had the most claims with more than 50,000, he said. More than 14,880 automobile claims have also been reported. About 2,000 ...
Source: BestWire   Date: September 18, 2008
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Florida Regulators Deny State Farm's Rate Increase Request
October remains in effect. State Farm originally applied for a 7% decrease (BestWire, Oct. 2, 2007). The agreement to lower rates came after the insurer informed the OIR in July ...
Source: BestWire   Date: August 26, 2008
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Study Claims Federal Cat Fund Would Cost Hundreds of Billions
Natural Catastrophe Policy. The report examines potential effects that a repeat of a hurricane season similar to the one seen in 2005 would have if the federal programs proposed by ...
Source: BestWire   Date: August 26, 2008
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House Panel Approves Homeowners Insurance Bill
Authority and Florida's Citizens Property Insurance Corp. to pool risks on a national basis and providing a system of U.S. Treasury Department loans to state catastrophe funds has ...
Source: BestWire   Date: September 26, 2007
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Florida Regulators Hand Auto-Owners Subpoena for Reinsurance Records
Florida Office of Insurance Regulation. A company spokesperson said Auto-Owners Insurance Co., as well as subsidiaries Southern-Owners and Owners Insurance, were served a subpoena ...
Source: BestWire   Date: September 25, 2007
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Florida's McCarty Again Rejects Property Insurers' Rates
Floridian Auto and Home, and Travelers Indemnity Co. of America - requested a decrease in rates, the reduced rates did not "adequately reflect all of the savings realized when the ...
Source: BestWire   Date: August 14, 2007
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