Archive for the ‘Florida Roundup’ Category



June 1st, 2009

Florida Renewal up 15%, Follows the Global Trend

Posted at 12:45 AM ET

hurricaneLara Mowery, Managing Director and Head of Global Property Specialty
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Property-catastrophe reinsurance rates increased by 15 percent at the Florida-centric June 1, 2009 renewal — compared to a 15 percent decline a year ago. Capacity was more limited than in recent years — however, still adequate to complete renewals. Though the ultimate result was higher than the 10 percent to 14 percent change for U.S. national reinsurers at April 1, 2009, the intricacies of the Florida market render it directionally consistent with the overall rate trend for this year. Constraints on capital have pushed risk-transfer pricing higher, but shortages were not so severe that rates spiked as they did in 2006.

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May 28th, 2009

Florida Update: HB 1495 Becomes Law

Posted at 6:00 PM ET

Florida Governor Charlie Crist signed the omnibus insurance bill (HB 1495) into law yesterday, along with 40 other bills. Over the next six years, this measure is intended to reduce the state’s property-catastrophe exposure to USD12 billion, with private reinsurers making up the difference.

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May 18th, 2009

Florida Insurance Roundup: May 11 – May 17, 2009

Posted at 5:30 PM ET

Guy Carpenter Florida Operating Committee
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This week’s topics include:

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May 11th, 2009

Florida Insurance Roundup: May 4 – May 10, 2009

Posted at 2:00 PM ET

Guy Carpenter Florida Operating Committee
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This week’s topics include:

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May 4th, 2009

Florida Insurance Roundup: Apr 27 – May 3, 2009

Posted at 11:59 AM ET

Guy Carpenter Florida Operating Committee
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This week’s topics include:

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April 27th, 2009

Florida Insurance Roundup: Apr 20 – 26, 2009

Posted at 11:00 AM ET

Guy Carpenter Florida Operating Committee
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This week’s topics include:

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April 20th, 2009

Florida Insurance Roundup: Apr 13 - 19, 2009

Posted at 9:00 AM ET

Guy Carpenter Florida Operating Committee
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This weeks’s topics include:

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April 13th, 2009

Florida Insurance Roundup: Apr 6 - 12, 2009

Posted at 1:00 PM ET

Guy Carpenter Florida Operating Committee
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This weeks’s topics include:

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