FORECAST. FOR THE LATEST DETAILS, DOWNLOAD THE WESH 2 APP AND TURN ON THE ALERTS FOR BREAKING UPDATES. MORE TROUBLE FOR FLORIDA’S ALREADY CRIPPLED INSURANCE MARKET. TODAY WE’VE LEARNED ANOTHER COMPANY ...

CEDAR KEY, Fla. — As cleanup begins in the aftermath of Hurricane Idalia, the storm has served as a stark reminder that Florida’s insurance industry remains in flux. Idalia made landfall in Florida’s ...

American Bankers Insurance, a subsidiary of Assurant, was hit with an insurance coverage lawsuit Friday in Louisiana Western District Court. The suit, over damages arising from Hurricanes Laura and ...

TAMPA, Fla. (WFLA) — Another property insurance company announced Thursday it will be pausing new business in Florida “until further notice” amid the state’s ongoing homeowners insurance crisis.

Nikolaos M. Hernandez of Robinson & Cole has entered an appearance for Assurant, a global risk management services company based in New York City, in a pending insurance coverage lawsuit. The suit, ...

TALLAHASSEE - An insurance ratings agency has withdrawn the financial ratings of two more Florida property insurers, bringing the total number of withdrawals or downgrades to five this week. Demotech ...

As Florida’s property insurance market continues to buckle, thousands of homeowners across the state are increasingly choosing to forgo insurance, sell their homes or even leave Florida. That is the ...

There are many contributors to Florida’s insurance crisis. One of the biggest contributors are huge insurance payouts attached to yearly storm damage following hurricane season, exacerbated by climate ...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has downgraded the Financial Strength Rating to B+ (Good) from B++ (Good) and the Long-Term Issuer Credit Ratings to “bbb-” (Good) from “bbb” (Good) of the ...

AM Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” (Good) from “bbb-” (Good) of the members of Bankers Insurance Group ...