Category: Insurance Regulatory News
Jun 1, 2018
Although just 22 percent of those surveyed said they would consider a “highly automated” vehicle for their next vehicle purchase, 40 percent said they would switch insurance companies if those companies offered an “autonomous discount,” according to a recent Power …
May 31, 2018
Karen Clark & Co. indicates that subtropical storm Alberto will be responsible for insured losses totaling about $50 million. The estimates include insured losses to residential, commercial, and industrial properties and autos. Alberto — the first named storm of the …
May 31, 2018
South Florida leads the nation with 788,679 homes at risk of storm surge, according a new CoreLogic report. Hurricane season officially starts on June 1, but Florida got an early soaking from Subtropical Storm Alberto over Memorial Day Weekend. NOAA …
May 31, 2018
Just two days before the official start of hurricane season, Florida International University hosted the world premiere Wednesday of “BUILT TO LAST?,” a documentary that warns of risks to homes and other buildings in “the age of disaster.” “When someone …
May 31, 2018
As the 2018 hurricane season officially begins, South Florida Water Management District (SFWMD) officials say the region’s 8.1 million residents are safe from Everglades flooding. With the rainy season in full effect, SFWMD — largest of the state’s water management …
May 31, 2018
Florida Gov. Rick Scott will travel to Puerto Rico today — his sixth visit since Hurricane Maria ripped through the island in September and killed an estimated 4,645 people. The governor’s office said late Wednesday that Scott was invited by …
May 31, 2018
The formation of Alberto last week marked an early start to hurricane season, but that doesn’t foretell anything about how active the Atlantic Basin will be this season. June 1 is the official start to hurricane season, but storms occasionally develop before then, …
May 30, 2018
Starting this weekend, Floridians will have the opportunity to stock up on sales tax-free hurricane supplies. The annual hurricane-preparedness sales tax holiday, which coincides with the start of the 2018 hurricane season, will waive the sales tax on items needed for …
May 30, 2018
The Florida Department of Financial Services’ Disaster Fraud Action Strike Team (DFSAT) have been deployed across the state to protect Floridians from post-storm fraud that could occur in the aftermath of Tropical Storm Alberto, according to a statement from Florida …
May 25, 2018
Florida’s government is challenging a Leon County circuit judge’s ruling that part of a 2016 law imposing new requirements on life insurers is unconstitutional. Florida CFO Jimmy Patronis and the Florida Department of Financial Services have filed a notice in …