The premiums that some private insurers charged over the past three years were too high, so now they will have to return some of that money -- a total of $1.3 billion -- to their customers, according to a new analysis by the Kaiser Family Foundation. Florida insurers, including health and life...

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BING NEWS:
  • Encouraging signs? Insurance company announces $14.2M profit
    Heritage Insurance, based in the Tampa area, announced a $14.2 million profit in the first quarter of this year. The company cited a hike in rates but industry experts told NewsChannel 5 that they've ...
    05/3/2024 - 2:55 pm | View Link
  • Millions Were Booted From Medicaid. The Insurers That Run It Gained Medicaid Revenue Anyway.
    Private Medicaid health plans lost millions of members in the past year, but at least two of the five largest publicly traded companies selling plans have continued to increase revenue from the ...
    05/3/2024 - 2:03 am | View Link
  • Florida braces for hurricane season with $850 million ‘catastrophe bond’ issuance
    Struggling property insurance market is showing glimmers of promise as reinsurance costs soften and private companies get back in the game.
    05/2/2024 - 8:13 am | View Link
  • Insurer Chubb readies $350 million payout tied to Baltimore bridge collapse
    Chubb, which had insured Baltimore's Francis Scott Key Bridge, is getting ready to pay $350 million to the state of Maryland, in what could be the first major payout tied to the collapsing of the ...
    05/2/2024 - 2:39 am | View Link
  • Louisiana relaxes rules to lure back insurers as damages rise
    Lawmakers voted to repeal a Hurricane Katrina-era law that locked insurance companies into policies after three years.
    05/1/2024 - 11:34 pm | View Link
  • More

 

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