Eight property-casualty insurers dominate the market for insurance coverage in most hurricane-prone states, according to Weiss Ratings.

Accused of misappropriating more than $34,000 in homeowners’ claims payments, a North Miami Beach, Fla., insurance adjuster has had his license to conduct business in the state suspended.

The annual hurricane season begins today (June 1), with forecasts for more storm activity than in the years since Hurricane Katrina battered the Gulf Coast.

A Florida senator is repeating his call for the ousting of the state’s insurance commissioner, calling his behavior “reprehensible” and saying he is no longer trustworthy.

Nearly 30,000 policies provided through Florida-based Magnolia Insurance are set for cancellation on the heels of the company going into receivership.

After touting the numerous benefits of acquiring HomeWise Holdings last month, Florida-based 21st Century Holding Co. has announced that both sides have called off a planned merger.

With hurricane season approaching, Florida’s Citizens Property Insurance Corp. plans to sell $2 billion in tax-exempt bonds to add to its reserves for claims.

Florida regulators are suffering from “political schizophrenia,” according to an insurance industry analyst.

Claiming an offer by a fellow Florida property-casualty insurer “substantially undervalues” its assets and earnings potential, 21st Century Holding Co. has rejected a proposal for a merger that could have netted a reported $42.5 million.

Jose V. Peris of Miami, Fla., was arrested on charges of theft from a premium finance company in September. On Oct. 8, he was put in handcuffs again, this time for allegedly stealing $14 million by submitting thousands of fake premium finance contracts for fictitious policyholders.