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insolvency

You are here: Home / Archives for insolvency

Lighthouse Insurance News

Lighthouse Insurance, which has policies under Lighthouse Property Insurance Corporation and Lighthouse Excalibur Insurance Company, is the third Florida carrier facing insolvency this year. Lighthouse insurance announced that it would no longer write new policies in mid-February. At the end of March, Demotech withdrew its financial stability rating. This is a very bad sign for […]

Category iconInsurance News Tag icondemotech,  florida insurance,  insolvency,  insolvent,  insurance,  lighthouse insurance

Lighthouse Insurance Insolvency

St. Johns Insurance News

St. Johns Insurance Company is now insolvent and set to be liquidated. This news came at the end of February, and was the 5th company to become insolvent since 2019 joining Florida Specialty Insurance Co, Windhaven Insurance Co, American Capital Assurance Corp, Gulfstream Property and Casualty. (Shortly after the St. Johns Insurance announcement, Avatar Insurance […]

Category iconHomeowners,  Insurance News Tag iconflorida insurance,  insolvency,  receivership,  saint johns insurance,  st. johns insurance

Avatar Insurance News

Avatar Insurance or Avatar Property & Casualty Insurance Co. is the second Florida carrier facing insolvency this year. Avatar announced that it would no longer write new policies in mid-February. Soon after, Demotech withdrew its financial stability rating. This is a very bad sign for an insurer, as most mortgage lenders require an A-rating to […]

Category iconInsurance News Tag iconavatar insurance,  condo,  florida insurance,  homeowners,  insolvency,  insurance,  manufactured home,  mobile home

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