PROPERTY INSURANCE

Gov. Charlie Crist vetoes property insurance bill

Gov. Charlie Crist vetoed a bill that might have tempted State Farm to keep writing policies in Florida.

Rating agency downgrades State Farm Insurance Florida

A.M. Best downgraded State Farm Insurance Florida to B (fair) from B+ (good), citing a sharp decline in net premiums written because of nonrenewals, steep mitigation discounts the company has been required to give policyholders and higher reinsurance costs.

INSURANCE

Florida workers' comp increase rolled back

A reduction in the workers' compensation rate is expected to save Florida employers $172 million on their premiums after it goes into effect July 1.

HOMEOWNERS INSURANCE

Citizens' rates headed up

Rates for holders of Citizens Insurance Corp. homeowners policies are likely to rise by at least 5 percent, possibly more.

INSURANCE

Improved credit market would bode well for for Florida catastrophe fund

An improving credit market could ease pressure on Florida's Hurricane Catastrophe Fund.

INSURANCE

Florida seeks U.S. help to back up hurricane catastrophe fund

U.S. Treasury backup for the state hurricane catastrophe fund isn't an immediate option, but there are other possible ways to shore up the plan.

INSURANCE

Coral Insurance Co. in receivership

Coral Insurance is now in receivership under the Department of Financial Services, and policyholders must find new coverage.

INSURANCE

Hollywood-based Coral Insurance in financial bind

Florida regulators are ready to take over Coral Insurance as its financial condition deteriorates rapidly.

Bailout for life insurers

The Treasury Department Wednesday confirmed that life insurers are qualified to join banks and carmakers on the list of industries getting taxpayer bailouts.