Category: Florida News

  GEICO’s Zero Tolerance for Fraud Leads to Filing RICO Lawsuit in Florida To prove its point that GEICO has a zero tolerance policy regarding insurance fraud, GEICO last month filed a Lawsuit in Florida aimed at five companies and …

  The Florida Hurricane Catastrophe Fund (“FHCF”) published a number of updates today, July 7, 2016: 1. The Operations Questions and Advance Records and Information have been posted for FHCF Contract Year 2016/2017.  To view them, click here. 2.  In …

  Justices Asked to Rule on Florida’s Credit Card Surcharge Law Florida Attorney General Pam Bondi is asking the U.S. Supreme Court to take up a dispute about the constitutionality of a Florida Law that has blocked businesses from imposing …

  Insurer Heritage Withdraws Proposed 14.9% Rate Hike  In an unusual move, one of Florida’s largest insurers has withdrawn its request for a 14.9 percent rate increase scrutinized by Palm Beach Post reporting and questioned by homeowner advocates, Charles Elmore …

  More Home-Insurance Companies are Looking at Your Credit As South Florida Property Insurance Rates climb this year, Homeowners are paying more attention to everything that can affect their premiums, the Sun-Sentinel’s Ron Hurtibise reports.   HCI Group Insurance Subsidiary, …

  The Florida Office of Insurance Regulation (“OIR”) received an amended rate filing by the National Council on Compensation Insurance (“NCCI”) yesterday, June 30, 2016.  The filing, which addresses a third legal change affecting Florida’s workers’ compensation system, increases NCCI’s initial …

  After a spike in water damage claims, Citizens changes policy Important policy changes for Citizens Property Insurance policyholders begin Friday as the state-backed insurer takes steps to control costs that it says threaten to raise rates.  These changes stem …

  Ft. Lauderdale-Based Universal Insurance Holdings Expands to 13th State Fort Lauderdale-Based Universal Insurance Holdings has expanded into Alabama and Minnesota and now writes Policies in 13 states, the Sun-Sentinel’s Ron Hurtibise reports.   Governor Scott Declares State of Emergency …

  Florida Democrats Have Backing for Vote on Special Session Saying they can’t wait until next year, Democrats are forcing Florida Legislators to vote on holding a special session to toughen gun laws after the massacre of 49 patrons at …

  Florida’s Citizens Property Insurance Corporation (“Citizens”) advised that it is reinstating the performance standards and disciplinary process for binding violations that are issued on new-business applications submitted on or after July 1, 2016. In accordance with Citizens’ Agent Appointment Agreement, …