INSURANCE

Policy renewed despite drywall

An insurance company changed its mind and will renew a couple's policy even though their home has tainted Chinese drywall.

Citizens Property Insurance prepares to boost rates

State regulators will hold a public hearing Tuesday on Citizens Property Insurance's request to boost policyholders' premiums by up to 10 percent starting in January.

Public insurance adjuster accused of defrauding seniors

A public adjuster accused of stealing more than $100,000 from three South Florida seniors was arrested for the third time this year.

Bernard Benaim's arrest last week was for approaching homeowners about repairs and improvements, assuring them he could get money for the repairs. The state's chief financial officer said Benaim, 35, had the homeowners sign contracts that said they would give him 10 percent of the claim payment. Instead, the state said, Benaim pocketed all of the insurance money.

INSURANCE

Nationwide dumps 60,000 policies in Florida

Nationwide Insurance of Florida won't renew 60,000 homeowners policies across the state, including 10,660 in Broward, Miami-Dade, and Monroe counties.

Is Citizens Insurance ready for the big one?

When it comes to buying windstorm insurance for her home, Mary Ellen Salvatore has two knocks against her: She owns a 35-year-old house and it's located east of U.S. 1 in South Miami Dade County.

Citizens Property Insurance isn't the only insurance option

Homeowners shopping for insurance in South Florida have a few options, so they don't have to buy coverage from Citizens Property Insurance, the expensive state-run insurer.

INSURANCE

Northern Capital Group branches out to spread risk

Northern Capital Group scored phenomenal growth in 2008, securing the top spot as the country's fastest-growing private company on Inc. Magazine's 500 list.

INSURANCE

Miami-based insurer to take on failed firms' policies

Ascendant Commercial Insurance will offer coverage to most policyholders of two insurers that were placed in receivership because they didn't have sufficient capital to pay claims.

New firm to cover most First Commercial Insurance policyholders

A newly formed insurance company will offer coverage to most of the 18,000 policyholders who will lose their coverage as state regulators liquidate First Commercial Insurance and First Commercial Transportation and Property Insurance.