Category: Florida News

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 …

After the Florida House of Representatives passed HB 7015 relating to Property Insurance Assignment Agreements by a vote of 82 to 20 today, January 12, 2018, the Florida Office of Insurance Regulation (“OIR”) announced its publication of the “2017 Review of Assignment …

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 …