Category: Insurance Regulatory News

  Florida Fights Back Against Assignment of Benefits Abuse Florida insurers, consumer and insurance advocates, as well as regulators, are hoping 2016 may finally be the year that legislators address the misuse of assignment of benefits for water loss claims …

  Florida’s Insurance Regulation Grade Sinks in R-Street Report Florida’s insurance regulatory climate report sunk from a D+ to a D in this year’s R-Street state-by-state report.   Insurance abuse reform bills show signs of stalling Proposed laws aimed at …

Florida Governor declares Zika emergency Governor Rick Scott declared a health emergency in four Florida counties Wednesday after at least nine cases of the mosquito-borne Zika illness were detected, the Associated Press’Tamara Lush and Gary Fineout report via the Tampa …

  Florida begins search for new Insurance Commissioner Insurance Journal reports the search is on for the next Florida Insurance Commissioner – the first one to be appointed to the office since current Insurance Commissioner Kevin McCarty took office in …

  Citizens Property Insurance policies approved for April takeouts Up to 66,500 policies may be moved from state-backed Citizens Property Insurance into the private market in April for what will be the fourth “takeout” of the year.  THE NEWS SERVICE …

  To ease South Florida flood risk, Lake Okeechobee draining to resume South Florida flooding threats are triggering the pumping of polluted farm water into Lake Okeechobee, just as more lake water is set to be drained out to sea.  …

  Washington gets blizzard assist from Florida Governor Rick Scott is taking on a different kind of gridlock in Washington, and he’s hoping to lure beltway tourists to Florida in the process.  Jeff Burlew reports for the Tallahassee Democrat.   Florida …

  Report:  Florida’s Workers’ Comp Market Still Strong but Uncertainty Remains The latest workers’ compensation report from Florida’s insurance regulator says the state’s workers’ compensation market remained competitive and well capitalized in 2014, but reforms put in place by state …

  Bill aimed at South Florida water damage claims targets contractors, lawyers A Florida House panel on Monday passed the latest attempt to turn off the faucet on what insurers say are costly and growing abuses, particularly in South Florida …

  Citizens Releases Analysis of Increasing Florida Water Loss Costs Water loss claims, exacerbated by assignment of benefits, are driving higher rates in South Florida and increasingly across the state, according to a just released analysis conducted by Citizens Property …