Sabal Insurance

What Else Should I Be?  All Apologies. With credit to Messrs. John and Cobain, esteemed songwriters who appreciated the value of a heartfelt apology…the insurance industry is notable for its LACK of sincere remorse (in bad scenarios that could be … Continue reading →

A favorite axiom of a late relative that has long since entered the corporate vernacular at Sabal is that:  “[You] can never have enough cash, enough guns…and enough insurance.  Because when everything falls apart?  You’re gonna need all three.” On … Continue reading →

When Sabal initially looked at the failure of Magnolia Insurance Company on April 9th, our analysis focused on the issue of ‘risk or no risk’.  That is, insurance regulators have – since the early 00’s — deemed insurance transactions in … Continue reading →

While Sabal is predominantly engaged in providing commercial property and liability insurance for clients across the United States, the ramifications of the Patient Protection and Affordable Care Act (AKA “Obamacare”) are so broad that, by default, they end up including … Continue reading →

Recently, we posted on the Biiig Rumblings…on Florida’s Workers’ Compensation Front regarding the Westphal v. City of St Petersburg case and the market upheaval that could follow. Now, that market upheaval has been quantified by NCCI into a dollar amount … Continue reading →

When Florida regulators from the Department of Financial Services (“DFS”) recently accused insurance giant Allianz of fraud (a charged term, ‘fraud’ is the ultimate ‘F word’ in insurance and financial circles), it brought to mind history repeating itself.  This is … Continue reading →

Amazingly enough, with the incredible amount of noise accompanying Citizens reforms, rising rates, takeouts and what the 2013 Legislative Session has in store for the insurance industry, what has gone relatively unnoticed is – in our humble opinion – a … Continue reading →

When P+C  ’industry experts’ discuss the impact of the Patient Protection and Affordable Care Act (AKA “Obamacare”) and the P+C sector…it’s always reminiscent of the famous throwaway line from screenwriter William Goldman regarding the knowledge base in Hollywood (follow link … Continue reading →

The particular geology of Florida’s oolite limestone (and the sinkholes that are its side effect) has burst into the popular consciousness after the tragic death of Jeff Bush on February 28th in the Tampa suburb of Seffner. Mr. Bush’s demise … Continue reading →

Despite insuring primarily private sector firms, a number of Sabal clients have inquired about ‘sequestration’ and how it would impact their firms should the federal government fail to come to an agreement on deficit reduction talks.  So…a primer: Sequestration, sometimes … Continue reading →