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Industry News
Most, Least Expensive Vehicles to Insure - 2008 Dodge Ram Pickup Most Costly To Insure

When it comes to insuring 2008 model vehicles, different models of pickup trucks rank among the most expensive and the least costly to get coverage for, an online brokerage reported today. Link
No-Fault Insurance - Fla. Legislature Passes Reformed No-Fault Law

The Florida Senate gave final approval today to legislation restoring a legal mandate requiring motorists to carry no-fault personal injury protection insurance. Link
Poll Shows Insurers Less Bullish For Future - Insurance Premiums Flattening

Most insurance executives polled at a conference this week said in the next three years their industry will have only a moderate chance of seeing profits increase and property-casualty premium growth will be flat or decline. Link
Florida Insurance - Fla. Orders United Property To Return Excess Rate Dollars (courtesy National Underwriter)

Florida Insurance Commissioner Kevin McCarty has issued a consent order requiring United Property & Casualty Insurance Company to refund millions of dollars in unapproved homeowners' insurance rate increases. Link
Legislation - Surplus Lines Bill Passes House (courtesy National Underwriter)

The House today unanimously passed legislation reforming regulation of the surplus lines and reinsurance markets. Link
Florida Insurance Market - Florida Carriers in Reinsurance Bind (Courtesy of National Underwriter)

A Florida lawmaker, who has opposed the state’s expanded role as a reinsurer, said regulators will probably not allow insurers to pass through the cost of additional reinsurance coverage beyond the state-subsidized catastrophe limits. Link
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