Lighthouse Property Insurance Corporation Ordered into liquidation by Louisiana Court
Effective April 28, 2022, Lighthouse Property Insurance Corporation [“Company” or “Lighthouse”] was ordered into liquidation by the 19th Judicial Circuit Court in the parish of East Baton Rouge, Louisiana.
Calling on the Legislature to hold a special session regarding property insurance
Florida lawmakers are set to return to the Capitol on Monday to begin a special legislative session to address problems in the state’s property insurance market ahead of the impending hurricane season. The property insurance crisis is a persistent and multifaceted one, especially in South Florida – a region vulnerable to hurricane damage.
Sunshine State Could See Higher Risk of Property-Destroying Wildfires
A report from First Street Foundation, published Monday, predicts that the risk of wildfire in South and Central Florida will double by 2052.