Category: Florida News

  As required by Senate Bill 1770 enacted in 2013, Florida’s Citizens Property Insurance Corporation (“Citizens”) advised its agents today, July 27, 2016, that it will decrease allowable maximum policy coverage limits effective January 1, 2017 for new and renewal …

  COLUMBIA, S.C.–(BUSINESS WIRE)–The Seibels Bruce Group, Inc. (Seibels), an insurance services provider of business process outsourcing (BPO) solutions, announced today, July 27, 2016, that Gulfstream Property and Casualty Insurance Company (Gulfstream), a Seibels client since 2004, has expanded its business and is …

  New Company Formed to Certify Home Improvement Providers An Insurance Industry Watchdog has announced a new mission:  promoting and keeping tabs on the growing market for certain energy-efficiency improvements.  The Sun-Sentinel’s Ron Hurtibise reports.    Brown & Brown Insurance …

  Despite Lack of Hurricanes, Claims Abuse Driving up Citizens Insurance Premiums in Florida Instead of railing against high insurance rates, Lawmakers should identify the cause.  And South Florida Legislators won’t even have to travel far to do so, R-Street’s …

  Florida-Based Homeowners Choice Secures Nearly $1B in Reinsurance for 2016-2017 Homeowners Choice Property & Casualty Insurance Company, Inc., a Florida-based provider of Homeowners Insurance, has completed its reinsurance program for the 2016-17 reinsurance year, which runs from June 1, …

  Disability Insurance Firms Seek Florida Rate Hikes Thousands of Floridians who have Insurance to cover the cost of staying in a Nursing Home or Assisted Living Facility could see a steep hike in their Premiums, the Associated Press reports …

  Citizens Insurance to spend $1.8M for investigating water damage claims The Citizens Property Insurance board of governors Tuesday approved a $1.8 million contract with a company that will examine escalating water damage claims from policyholders and determine whether the …

  A contested competitive solicitation for Florida’s Citizens Property Insurance Corporation’s (“Citizens’”) Water Mitigation Estimate Review Program (“Program”) was ultimately approved unanimously by the State-run insurer’s Board of Governors this morning, July 19, 2016. With an estimated annual expenditure of …

  Florida Steps up Fraud Fight with New Division of Investigative and Forensic Services The Florida Department of Financial Services is enhancing its Law Enforcement Strategy to fight fraud in the State by integrating its current units and forming the …

  Florida Insurance Chief David Altmaier Off To Good Start If David Altmaier’s first two months are any indication, Governor Rick Scott and the Florida Cabinet were right to make Altmaier the State’s top Insurance Regulator, the Orlando Sentinel Editorial …