Lloyds of London subsidiary pulls out of Tampa Bay flood insurance marketplace, but that’s OK

A subsidiary of one of the world’s largest private insurance companies, The Flood Insurance Agency, will no longer be writing flood insurance policies in several Tampa Bay area counties including Pinellas. That’s OK though, according to a local insurance guru. “One division of Lloyds of London doesn’t dictate the entire market,” Jake Holehouse of Holehouse…

Consumer Advocate Defends Citizens Property Insurance

The recent Palm Beach Post article critical of Citizens Property Insurance Corporation’s alleged lavish travel junkets to buy reinsurance was unbalanced, unfair, and frankly over-the-top. My defense of Citizens may seem unlikely to some. During my tenure with FAIR, our members have filed not one, but two, class action lawsuits against Citizen’s practices which we…