Recent News About Capitol Preferred Insurance Company Inc.
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Capitol Preferred sees litigation abuses behind need for rate hikes, cancellations
Capitol Preferred Insurance Co. blames litigation fraud and abuse, as well as recent hurricane losses, for its decision to increase rates on Florida property owners by more than 36 percent this year and to shed more than 20,000 policies. -
Capitol Preferred losses, cancellations seen as product of pervasive civil litigation
Financial issues now facing a large Florida property insurer at the start of hurricane season are symptomatic of ballooning reinsurance rates and a relentless litigation environment, according to an industry representative. -
Capitol Preferred Insurance Company Inc. accused of breach of contract
A Florida resident is suing Capitol Preferred Insurance Company Inc. for alleged breach of contract.