Category: Florida News

  Florida’s Citizens Property Insurance Corporation’s (“Citizens”) Consumer Services Committee meets tomorrow, June 9, 2016, to review various Citizens programs introduced earlier this year, including water loss mitigation efforts, consumer notifications about Citizens’ recent policy changes and self-service telephone payments, …

  Departing Insurance Commissioner Warns South Florida to Solve Insurance Claims Crisis Preparing to leave State Government after 27 years, former Florida Insurance Commissioner Kevin McCarty warned that South Florida faces further property insurance rate increases if a solution isn’t …

  The Florida Office of Insurance Regulation published its annual 2015 underwriting profit and contingency factors established for use in rate filings as Informational Memorandum OIR-16-04M today, June 7, 2016. The Memorandum was accompanied by a June 2 Order, which …

  Governor Activates National Guard, Declares Emergency as Tropical Storm Colin Approaches Florida Governor Rick Scott activated 6,000 National Guard troops, declared a state of emergency in more than half the state’s counties and urged all Floridians to stay home …

  Scott Activates Florida’s Emergency Management Center as Tropical Depression Builds Governor Rick Scott has elevated the activation status of the State Emergency Operations Center in Tallahassee as Florida braces for the possible impacts of a tropical depression brewing in …

  Florida Homeowners in Untested, but Financially Stable Climate Entering Hurricane Season Many homeowners are newbies at assembling a hurricane kit, let alone evacuating or filing damage claims. Many insurance companies writing their policies are also relatively new.  The Tampa …

  Florida Tops CoreLogic List of Metro Areas Ranked by Homes Exposed to Storm Surge The Miami Core-Based Statistical Area, which includes Fort Lauderdale and West Palm Beach, has the most homes at risk totaling 780,482 with a reconstruction cost …

  As Hurricane Season Nears, Florida Looks Strong A decade without a devastating hurricane has left Florida in the strongest position ever to face the annual storm season that begins today.  Lloyd Dunkelberger reports for the Sarasota Herald-Tribune. Florida Insurers’ …

  As Hurricane Season Begins, Asking Tough Questions Of Citizens Insurance With the official opening of hurricane season at hand, company officials say Citizens has enough money in reserve to pay claims if even a catastrophic Category 5 storm hits …

  Florida’s business community decried a 17.1 percent rate increase filing made by the National Council on Compensation Insurance (“NCCI”) today, May 27, 2016.  Organizations such as the Florida Chamber are preparing to call upon the Florida Legislature to schedule …