Category: Insurance Regulatory News

  Florida Leads Nation in Zika as CDC Confronts Threat Florida health officials have been pretty successful controlling recent outbreaks of Dengue fever and the chikungunya virus.  Zika is shaping up to be far more challenging, Ledyard King reports for …

  Florida Governor Signs ORSA Bill Florida Governor Rick Scott approved SB 1422 last Friday, which will implement the NAIC’s Risk Management and Own Risk and Solvency Assessment (ORSA) Model Act and the Corporate Governance Annual Disclosure Model Act.   …

  New Law Allows Florida Insurers to Offer Limited Sinkhole Coverage Legislation introduced this year by Republican Senator Jack Latvala and passed into law today, gives insurers in Florida the ability to offer a new type of personal lines residential …

  Florida Supreme Court hears Oral Arguments in High-Profile Workers’ Comp Case Florida Supreme Court justices will hear oral arguments today in a case that could allow the state workers’ compensation system to be optional for employers.  Politico Florida’s Christine …

  Florida Regulators OK Cigna-Anthem Insurance Deal State insurance regulators have approved Anthem’s purchase of Cigna’s Florida companies as part of a broader merger of the major health insurers, THE NEWS SERVICE OF FLORIDA reports via WUSF News.   Florida’s …

  Florida Climate-Change Concerns grow as Study Links Flooding to Rising Seas More Floridians are concerned about climate change, according to a new poll out Monday, the same day a separate study was released that found Miami Beach increasingly prone …

  At This Point, Why Would Anyone Apply to Be Florida’s Insurance Commissioner? A seven-hour Cabinet meeting ended this week with Governor Rick Scott declining to second the motion made by CFO Jeff Atwater to appoint State Representative Bill Hager the …

  In a consumer alert issued today, March 31, 2016, Florida Insurance Commissioner Kevin M. McCarty advised that changes to the National Flood Insurance Program (“NFIP”) become effective this Friday, April 1.   Explaining that every person living in Florida is at …

  State Farm Secrecy Ruling “Huge Blow,” Open Records Advocate says A state court has ruled in favor of State Farm’s effort to make secret basic information available to the public for years on how many customers it has — …

  MetLife, American’s largest insurer, has won its battle with the U.S. government to shed its “too big to fail” designation.  The New York Times reported today, March 30, 2016, that a federal judge in Washington rescinded the designation of …