After experiencing unsustainable growth last year due to several insolvencies, Florida’s insurer of last resort now requires customers to buy flood insurance. The deadline for new...
Thousands of UPC policyholders in Florida will lose their homeowners’ insurance at the end of the month as the St. Petersburg-based carrier has become insolvent. UPC,...
St. Petersburg-based UPC Insurance has officially declared insolvency after experiencing significant financial losses, primarily as a result of Hurricane Ian-related claims. State regulators moved forward Thursday...
There will be no warmup laps for the new Florida Legislature as their first task following last month’s election is tackling a homeowners insurance industry in...
HCI Group Inc. (NYSE: HCI), a Tampa-based insurance company, laid the groundwork for its insurtech spinoff, TypTap, several years ago when one of its other subsidiaries,...
