Category: Florida Insurance and Political Headlines

Florida Senate Bill Would Create Panel To Plan Hurricane Fuel Reserve The Proposal (SB 700) would set up the Florida Strategic Fuel Reserve Task Force within the Florida Division of Emergency Management.  THE NEWS SERVICE OF FLORIDA’s Lloyd Dunkelberger reports …

Patriot National Files For Chapter 11 Bankruptcy Protection In Accordance with a previously-Agreed Restructuring Plan with Lenders, Patriot National, Inc., an Insurance Technology and Outsourcing Firm, has officially Filed for Chapter 11 Bankruptcy Protection and Reorganization.  Insurance Journal reports. Brett Favre Cuts …

Governor Rick Scott appointed various judges to Florida circuit and appeals courts during January 2018.  Below is a partial list of those appointees. Governor Scott Appoints Judge Spencer J. Multack to the Eleventh Judicial Circuit Court Governor Rick Scott announced …

Patriot National Files For Chapter 11 Bankruptcy Protection In Accordance with a previously-Agreed Restructuring Plan with Lenders, Patriot National, Inc., an Insurance Technology and Outsourcing Firm, has officially Filed for Chapter 11 Bankruptcy Protection and Reorganization.  Insurance Journal reports. Brett Favre Cuts …

Senate Committee Forward Bill Pre-Empting Local Control Of Vacation Rentals In a battle over how far to roll back Local Control and Regulation of Vacation Rental Homes, Senator Greg Steube won a crucial victory.  FloridaPolitics.com’s Scott Powers reports. Sign Language Gibberish …

Windshield Repair Fraud Targeted In Florida Senate Proposal Windshield Repairs and Replacements have become a growing field for Fraudulent Insurance Claims.  THE NEWS SERVICE OF FLORIDA’s Jim Turner reports via National Underwriter’s PropertyCasualty360.com. Florida Lawmakers Look At Revamping Trauma System …

Medicaid Expansion Could Save State $500M, Lawmaker Says A Democratic push to expand Affordable Health Care Coverage in Florida has a unique selling point: it could save the State more than $500 Million.  Danny McAuliffe reports for FloridaPolitics.com. Florida House: …

Double-Digit Rate Increases Forecast For Florida Reinsurance Renewal By S&P Given the magnitude of the Insurance Industry losses suffered in Regions affected by Major Hurricanes in 2017, Rating Agency Standard & Poor’s anticipates a continuation of the trend seen in …

Florida AOB Bill Passes Senate Insurance Panel Despite Business Opposition A Florida Senate Panel gave a thumbs-up Tuesday to a Bill that would prevent Property Insurers from including Attorney Fees and other Legal Costs in their Rate Base, despite opposition …

The downsizing of Citizens Property Insurance Corporation (“Citizens”) was credited as having greatly contributed to the State of Florida’s dramatically improved insurance regulatory environment rating by the R Street Institute in its “2017 Insurance Regulation Report Card” published yesterday, January …