by Caden DeLisa | Jan 27, 2025
Florida’s Office of Insurance Regulation (OIR) approved Mangrove Property Insurance Company to provide property and casualty insurance to homeowners statewide, the company announced Monday. Mangrove, a newly formed insurer led by industry veteran Stephen Weinstein,...
by The Center Square | Jan 27, 2025
Trouble could be looming for Florida’s state employee health insurance trust fund despite a positive cash balance. The State Employees’ Health Insurance Trust Fund had a balance of $652.7 million for fiscal 2024-25, but the report from the nonprofit group...
by News Service of Florida | Jan 27, 2025
Florida is expected to receive between $233.37 million and $325.93 million as part of a settlement announced Thursday involving 15 states, Purdue Pharma, Inc. and the Sackler family, which long headed the drug company, according to the Florida Attorney General’s...
by Brian Burgess | Jan 3, 2025
For more than 15 years, Florida’s pension system has been drifting toward financial trouble, and a new pension report underscores the problem. Year after year, state officials have insisted that the system is stable, relying on strong investment returns and...
by Brian Burgess | Dec 10, 2024
Two narratives over the last few days underscore that Florida’s property insurance market is a complex beast, prone to rapid changes and ever-shifting fortunes. On one hand, we have claims that the market is making a significant recovery. On the other hand,...
by Brian Burgess | Nov 20, 2024
Law enforcement investigators and teams are turning to advanced technology and community partnerships to dismantle organized theft rings across Florida. With retail theft in Florida and the nation surging over the past five years, and businesses estimating losses of...
