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Mercury General Leaving Florida

Mercury General has announced that it is beginning the process of leaving the Florida homeowners insurance market, citing it’s $19 million in losses in the fourth quarter of 2010 as the driving factor. According to the company, it will be sending the mandatory 180-day advanced notice of it’s “intent not to renew” policies for 8,000 […]

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Florida Insurance Reform Bill Passes Senate

It’s the final week of Florida’s legislative season, and it looks like the state Senate has it’s property insurance reform bill back on track. After the bill he sponsored (SB 2044) got hung up in debate last Thursday, Senator Garrett Richter ironed out some confusion regarding the timeline in which homeowners would be paid for […]

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