Windhaven Insurance Company (WIC) has been placed into receivership by the Department of Financial Services. This carrier writes primarily auto coverage in Florida.

WIC is not the carrier for the Florida Windward program, which is under our Windhaven National Insurance Company carrier, or any of our other programs or brands like The Hearth.

Below is the notice from the receiver for review. 

NOTICE OF RECEIVERSHIP FOR PURPOSES OF REHABILITATION

Read More

You may recall Frank Pennachio's blog from several weeks ago where he posed the following question to FAIA members:

Have any FAIA members experienced the following?

• Your client in the construction industry hires a subcontractor with an Officer Exemption.
• At audit, the carrier charges your cl...

  Read More

Just back from the Citizens committee and Board of Governors meetings in Orlando and want to highlight a few items of interest. If you recall just a few years ago, Citizens had a 23 percent market share, with 1.5 million policies and $512 billion in exposure. Currently Citizens has a three (3) percent market share, 421,332 policies in force, and less than $107 billion in exposure. These results are amazing and many would prefer the trend not turning back the other way. 

Citizens' staf...

Read More