Over 300 graves from Black cemetery discovered below Florida enterprise

The St. Matthews Baptist Church Cemetery was established in 1902 and operated by the Nineteen Forties. The cemetery was destroyed for redevelopment.

CLEARWATER, Fla. — Archaeologists on Wednesday confirmed they discovered an extra 258 graves from a destroyed African American cemetery beneath a Clearwater enterprise property and lengthening out to the adjoining paved street.

This brings the entire variety of found graves from the St. Matthews Baptist Church Cemetery to 328.

Senior archaeologist with Cardno, Erin McKendry, offered the findings in the course of the Clearwater African American Cemeteries Memorial Committee assembly, hosted by the Clearwater/Higher Pinellas Department of the

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Property insurer to exit Florida market

TALLAHASSEE — United Property & Casualty Insurance coverage Co. will exit Florida’s troubled owners insurance coverage market, forcing prospects to seek out new protection as their insurance policies come up for renewal, the insurer’s mum or dad firm introduced Thursday.

The St. Petersburg-based United Insurance coverage Holdings Corp. mentioned it has filed plans to withdraw from what are often known as personal-lines markets in Florida, Texas and Louisiana. It additionally will file a withdrawal plan in New York.

A information launch from the mum or dad firm mentioned the plans would “successfully place United P&C into an orderly run-off,” which

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What is the plan to repair Florida property insurance coverage disaster?

Florida Chief Monetary Officer Jimmy Patronis wants a extra proactive strategy in addressing Florida’s property insurance coverage disaster.

You’d assume state leaders would select their phrases extra rigorously when addressing the one property insurance coverage rankings company standing between our insurance coverage disaster and a full-blown meltdown of the housing market. Title calling will not win associates or affect individuals, a lot much less create extra reasonably priced insurance coverage choices.

Final month, the Demotech, Inc., an Ohio-based monetary rankings agency, introduced it could downgrade 17 personal insurers working in Florida. The transfer prompted a pointy response from state

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Fifth Florida insurer declared bancrupt to this point this yr

In one other signal of misery for Florida’s property insurance coverage trade, Coral Gables-based Weston Property & Casualty has turn into the fifth insurer to be declared bancrupt in 2022.

Insurance coverage Commissioner David Altmaier on Wednesday requested the Division of Monetary Providers’ Division of Rehabilitation and Liquidation to provoke delinquency proceedings towards the corporate and put together to position in into receivership.

On July 29, the corporate’s president and board of administrators signed an settlement admitting it was bancrupt and consenting to the appointment of a receiver.

Weston, which additionally operates in Texas, Mississippi and Louisiana, would turn into

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eighth property insurance coverage firm pauses new enterprise in Florida

TAMPA, Fla. (WFLA) — One other property insurance coverage firm introduced Thursday it will likely be pausing new enterprise in Florida “till additional discover” amid the state’s ongoing owners insurance coverage disaster.

In line with a information launch obtained by 8 On Your Aspect Investigative Reporter Mahsa Saeidi, American Traditions Insurance coverage Firm will briefly cease taking new enterprise beginning subsequent week. The pause impacts owners insurance coverage insurance policies, rental unit homeowners insurance policies and dwelling insurance policies typically utilized by landlords.

Within the launch, the corporate

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Florida property insurance coverage market will get an ‘unprecedented’ enhance that would support 1000’s

Florida insurance coverage regulators are taking an “unprecedented” and “extraordinary” step to try to stop tens of 1000’s of house owners from being pressured to search for new property insurance coverage protection if score company Demotech follows by way of on plans to downgrade many Florida carriers.

The Florida Workplace of Insurance coverage Regulation introduced a plan Wednesday to supply corporations which are downgraded with reinsurance protection by way of state-run Residents Property Insurance coverage.

The dramatic resolution to imagine monetary duty for a raft of struggling insurers underscores the dire circumstances Florida is going through as a big portion

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