Category: Insurance Regulatory News

  U.S. Supreme Court Rejects Hialeah Workers’ Comp Case The U.S. Supreme Court has declined to take up a case that raised questions about the constitutionality of Florida’s Workers’ Compensation Insurance System.  THE NEWS SERVICE OF FLORIDA reports via CBS Miami.   …

PLEASE NOTE TODAY’S ISSUE HAS BEEN UPDATED   Hurricane Matthew insurance claims climb to $606 million According to information posted on the Florida Office of Insurance Regulation website Monday morning, the total claims filed as of Friday totaled 100,589. They …

  Rick Scott, Business Leaders Talk Matthew Recovery On Thursday, Scott heard a mixture of praise for the storm response of State, County and Local Recovery Workers, tempered by worries about issues ranging from loss of Income to Worker’s Compensation …

  FEMA Extends Filing Deadline for Florida NFIP Claims from Hurricane Hermine The Federal Emergency Management Agency has Extended the Deadline for National Flood Insurance Program Florida Policyholders to File Claims from Hurricane Hermine, Insurance Journal reports. Florida Insurance Regulators Provide Additional Details of …

  Florida’s State Board of Administration of Florida (“SBA”) advised today, October 27, 2016, on the estimated borrowing capacity, estimated claims-paying capacity and projected balance of the Florida Hurricane Catastrophe Fund (“FHCF”) as of December 31, 2016 in compliance with the …

The Florida Office of Insurance Regulation advised today, October 26, 2016, that, “after productive discussions between Insurance Commissioner David Altmaier and representatives of the Federal Emergency Management Agency (FEMA)” on ways to assist Floridians impacted by the widespread flooding caused by …

  David Altmaier Outlines Legislative Priorities at Insurance Conference Florida Insurance Commissioner David Altmaier outlined his Legislative Priorities Tuesday during an Industry Conference, promising above all to work with Industry Stakeholders in drafting responses to Market Pressures.  Michael Moline reports …

  The Florida Department of Financial Services’ (“DFS”) Division of Insurance Agent and Agency Services has published a Notice of Rule Development for the following proposed Rules relating to property insurance mediators: 69B-250.001   Purpose and Scope 69B-250.002   Qualifications of Mediators …

  Florida Hurricane Matthew Insurance Claims Now Worth Nearly $550 Million The number of Insurance Claims following Hurricane Matthew has now surpassed 91,000, with Estimated Losses rising to $549 Million.  Matthew Moline reports for FloridaPolitics.com.   Florida Group Offers Recommendations …

  Storm Victims Filing Insurance Claims Have Rights, Florida CFO Jeff Atwater Reminds Chief Financial Officer Jeff Atwater informed Historic City News Local Reporters today that the Florida Department of Financial Services want to be certain that storm victims in …