Category: Insurance Regulatory News

  Florida Democrats Have Backing for Vote on Special Session Saying they can’t wait until next year, Democrats are forcing Florida Legislators to vote on holding a special session to toughen gun laws after the massacre of 49 patrons at …

  Florida’s Citizens Property Insurance Corporation (“Citizens”) advised that it is reinstating the performance standards and disciplinary process for binding violations that are issued on new-business applications submitted on or after July 1, 2016. In accordance with Citizens’ Agent Appointment Agreement, …

  Florida Department of Health Confirms First Zika-Related Case of Microcephaly in Florida Today, the Florida Department of Health announced the first confirmed case of microcephaly in an infant born in Florida whose mother had a travel-related case of Zika. …

    Three Ohio regulations relating to property and casualty insurance are among those open for comment until July 12, 2016 as part of a five-year regulatory review, the Ohio Department of Insurance reminded today, June 27, 2016.   Click …

  All’s fair?  Lawyer Changes Sides after $5M Citizens Contract Payout A West Palm Beach lawyer whose firm collected about $5 million in a controversial role as “Coach in the Press Box” for other attorneys at Citizens Property Insurance Corp. …

  Scott Will Not Endorse Rubio After Senator Marco Rubio announced his intention to run for re-election, Florida Governor Rick Scott says he will not be endorsing the Senator, WTXL-TV reports. Former GOP Rivals Back Rubio Even As Rick Scott …

  Florida’s Citizens Property Insurance Signs Off on Possible Rate Hikes Pointing to a “Crisis” in costly water-damage claims, the Citizens Property Insurance Board of Governors on Wednesday unanimously approved a proposed 6.8 percent statewide rate increase.  THE NEWS SERVICE …

  At a meeting in Maitland Florida today, June 22, 2016, Citizens Property Insurance Corporation’s (“Citizens”) Board of Governors (“Board”) approved recommended rates for 2017, describing them as ” . . . responsive to rising non-weather water losses and assignment …

  Florida’s Citizens Property Insurance Expects More Customers in 2017 After years of losing customers, state-run Citizens Property Insurance expects to gain them in 2017, its top executive said Tuesday.  Charles Elmore reports for the Palm Beach Post.    Integro …

  Pending approval today by its Actuarial and Underwriting Committee, Florida’s Citizens Property Insurance Corporation’s  (“Citizens”) Board of Governors (“Board) will be asked to approve a 2017 rate package that reflects the impact of non-weather related water loss claims in …