Florida’s Universal P&C Overstated Claims to Cat Fund, Must Pay $4M Fine, AG Says

Share!

Insurance Journal - Apr 02, 2025

The Florida Hurricane Catastrophe Fund will not have to pay some $30 million to Universal Property & Casualty Insurance Co., after the carrier settled a civil suit that alleged the insurer had backdated claims to boost reimbursement from the fund. …...

Read Full Article

Recommended Articles

Texas Summer Camp Faces Scrutiny Over Failure to Report Deaths

Posted: Apr 16, 2026

The medical officer for the Texas summer camp where 27 girls were killed in a flood last year testif...

Trucordia Buys Connecticut’s Paradiso Insurance Services

Posted: Apr 16, 2026

Utah-based insurance broker Trucordia reports it has acquired the Paradiso Financial and Insurance S...

Inszone Acquires Kansas’ Insurance Resources Group

Posted: Apr 16, 2026

Inszone Insurance Services announced the acquisition of Insurance Resources Group, Inc. Located in O...