Six private insurance companies have been authorized to take 100,000 homeowners policies from state-run Citizens Property Insurance Corp., the Florida Office of Insurance Regulation announced Wednesday. ...more

May 21, 2008

What does this have to do with homeowners insurance? Allstate's penalty stems from what state regulators say is the company's failure to comply with subpoenas related to an investigation into rate-setting strategies for homeowners insurance. Allstate is not writing homeowners' policies in Florida under its own nameplate, but its auto insurance business is lucrative. Insurance Commissioner Kevin McCarty said the state is "going to hit them where it hurts." ...more

January 17, 2008

Thousands of homeowners in "sinkhole alley" are going without coverage. ...more

January 12, 2008