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State Farm Florida dropped its plan to withdraw from the property insurance market in hurricane-prone Florida on Wednesday as part of a settlement with state regulators that includes an average 14.8 percent rate increase for homeowners and condominium owners. ...more
December 17, 2009
State Farm Florida has dropped plans to withdraw from Florida's property insurance market. ...more
December 16, 2009
State Farm, Florida's largest private property insurer, said Tuesday that it is getting out of the property insurance business in Florida because its premiums aren't high enough to cover claims. ...more
January 28, 2009
Q: Can a board of directors approve a special assessment simply to balance a budget? The members have been assessed what amounts to an additional fiscal quarter because the new board members have determined that there is a shortfall. Shouldn't a full membership vote be required for any assessments not deemed an emergency by the governor? BR, Naples ...more
October 5, 2008
After being barred by state regulators from seeking new business and losing its appeal in state court, Allstate Corp. agreed on Friday to settle its dispute with Florida regulators. ...more
August 16, 2008
North Oaks condominium owners will lose their Bruce B. Downs Boulevard addresses March 28. ...more
January 16, 2008
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