Following an emergency meeting, the board of last-resort insurer Citizens Property Insurance Corp. voted to continue offering builders' risk coverage in Florida--at least until the end of the year.Following an emergency meeting, the board of last-resort insurer An individual or company who, through a contractual agreement, undertakes to compensate specified losses, liability, or damages incurred by another individual. An insurer is frequently an insurance company and is also known as an underwriter. CITIZENS PROPERTY INSURANCE CORP. voted to continue offering builders' risk coverage in Florida--at least until the end of the year. Coverage will continue through Dec. 31, 2006, but at the board's scheduled November meeting, the issue of builders' risk will be revisited, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. spokesman Rocky Scott. Meanwhile, PRAETORIAN FINANCIAL GROUP, a member of the Hannover Re Hannover Re (FWB: HNRGn), in German Hannover Rückversicherung AG, with gross premium of around €9 billion in 2006, is one of the five largest reinsurance groups in the world. Its headquarters are in Hanover, Germany. Group, said it is partnering with the Georgia-based Britt britt n. Variant of brit. Noun 1. britt - the young of a herring or sprat or similar fish brit young fish - a fish that is young 2. Paulk agency to launch a builders' risk program in Florida and other Gulf states. |
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