Category: Florida News
Jan 24, 2018
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 …
Jan 22, 2018
Brightline Adds Safety Features At Crossings Brightline has positioned large electronic signs at several busy Rail Crossings along its Route to warn the Public that its New Express Trains move faster than other rail traffic and to urge people to stay …
Jan 21, 2018
Protecting Legal Fraud In Florida Florida’s Legislature is in Session, and for the sixth straight year reform-minded Republicans are trying to shut down a Trial-Bar Scheme that’s bleeding Property Insurers and sending Sunshine State Premiums skyrocketing. The Wall Street Journal …
Jan 19, 2018
U.S. House Financial Services Committee Notes Republican Flood Insurance “Defectors” The U.S. House Financial Services Committee took the unusual step of issuing an “In Case You Missed It” on a scathing editorial by the Wall Street Journal Editorial Board on …
Jan 18, 2018
Ex-CEO sues over failures of Guarantee, Patriot National Two lawsuits filed by Steven Mariano, former CEO and majority owner of insurance services provider Patriot National and worker’s compensation firm Guarantee Insurance Co., blame an auditor and hedge fund investors for …
Jan 17, 2018
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 …
Jan 16, 2018
Report Shows Florida AOB Abuse Worsening as Lawmakers Consider Reforms In its most recent Data call of Water or Roof Damage Homeowners Claims closed between Jan. 1, 2015 and June 30, 2017 released last week, OIR found the frequency of Water Claims …
Jan 16, 2018
House Select Committee on Hurricanes Approves Final Report, 78 Recommendations A Final Report of 78 Recommendations, ranging from Nursing Home Safety to Evacuation Route Improvements, and Shelter Planning to longterm development concerns, won unanimous Approval Tuesday from the Florida House’s …
Jan 12, 2018
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 …
Jan 12, 2018
Sean Shaw Expected to Announce for Attorney General If he enters the Race, Shaw will be the fourth Candidate in the crowded field from Hillsborough County. The Tampa Bay Times’ William March reports. Three Sailboats Flung Into Yard by Irma …