Category: Florida News

  To view a complete story, click on a headline below:   News Release:  CFO Alex Sink Proposes Contracting Changes to Citizens Property Insurance for More Accountability Florida CFO Alex Sink today sent a letter to Scott Wallace, President and Executive …

  To view a complete story, click on a headline below:   Judges hear Citizens Property Insurance immunity case An appeals court says a decision on whether state-backed Citizens Property Insurance Corp. is immune from lawsuits alleging bad-faith practices is a …

In an opinion issued today, October 6, 2010, involving a bad faith case against Citizens Property Insurance Corporation (“Citizens”), the First District Court of Appeal asked the Florida Supreme Court to determine whether the issue of Citizens’ sovereign immunity should …

  At a Florida Office of Insurance Regulation (“OIR”) public hearing held yesterday, October 5, 2010, National Council on Compensation Insurance (“NCCI”) representatives explained that, after many years of decreasing workers’ compensation insurance rates, Florida has reached its “new, post-reform …

The following news release published October 5, 2010 cites a Florida Senate study on billing accident surcharges to insurance companies.  Florida, along with other states, has since outlawed these “crash taxes.”   Poll Finds Opposition to Billing Auto Insurance Carriers …

  Weekly insurance related media recaps from the Insurance Information Institute (“III”) are outlined below for the month of September 2010 (click on the hyperlinks to access the referenced information): Week of September 26-October 1 South Florida Sun Sentinel columnist …

  To view a complete story, click on a headline below:   Letters:  Not all manufactured homes are storm risks After reading the article “Citizens gets 10.3 percent rate hike,” I couldn’t help but wonder why mobile home insurance rates …

  The Florida Office of Insurance Regulation (“OIR”) released its annual statutory report on the State’s medical malpractice insurance market yesterday, October 4, 2010.  The report features comparative information about Florida’s medical malpractice insurance market in relation to other states.  Financial …

The Miami Herald published the following article on October 4, 2010: Floridians are being encouraged to register an emergency contact with the motor vehicle division under a state government campaign. The campaign, being championed in Tallahassee this week, is called …

  To view a complete story, click on a headline below:   Florida Insurance Commissioner meets Bermuda reinsurers Florida Insurance Commissioner Kevin McCarty was reportedly in Bermuda last week to meet leading reinsurance industry figures.   Florida’s Homeowners Market Still Roiled …