Category: Insurance Regulatory News
Apr 26, 2018
Lawmakers started discussing a special session days before an agreement between the state and the Seminole Tribe of Florida expired, which meant the tribe no longer would be obligated to pay the state about $300 million every year for gambling exclusivity rights. …
Apr 26, 2018
Democrat Duysevi Miyar has opened a campaign account to challenge Oliva in Miami-Dade County’s House District 110, according to the state Division of Elections website. THE NEWS SERVICE OF FLORIDA reports via FloridaPolitics.com. http://floridapolitics.com/archives/262133-jose-oliva-draws-challenger
Apr 26, 2018
The winner will not sit in the House, because the Florida Legislature’s Session ended a month ago — unless a Special Session is called. And the new representative will have to stand for re-election in November. Bill Rufty reports for …
Apr 26, 2018
California Insurance Commissioner Dave Jones appears to be poised for a fight with the insurance industry over a legislative package supports say will protect survivors of last year’s wildfires that struck in the fall, Insurance Journal reports. https://www.insurancejournal.com/news/west/2018/04/25/487399.htm
Apr 25, 2018
HCI Group announced today that its wholly owned insurance subsidiary, TypTap Insurance Company, has extended its proprietary online quoting and binding platform to include homeowners’ insurance. Previously, the platform was limited to offering TypTap’s flood insurance product. https://www.nasdaq.com/press-release/hci-group-launches-insurtech-platform-for-homeowners-insurance-20180425-00670
Apr 25, 2018
The workers’ compensation system and the injured workers it serves are not immune from the nation’s opioid crisis, according to the National Council on Compensation Insurance. THE NEWS SERVICE OF FLORIDA reports via FloridaPolitics.com. http://floridapolitics.com/archives/262079-workers-comp-system-hit-by-opioid-crisis
Apr 25, 2018
The classifications at issue are the work of the National Council on Compensation Insurance, or NCCI, the state’s ratings agency for workers’ comp insurers, and they place thousands of workplaces along a scale of risk. Michael Moline reports for FloridaPolitics.com. http://floridapolitics.com/archives/262066-workers-compensation-appeals-board
Apr 25, 2018
The Florida Commission for the Transportation Disadvantaged—part of the Florida Department of Transportation—is in process of accepting input on its development of a rule amendment to update the liability insurance coverage requirements for related transportation providers. http://www.browardbusinesslawyer.com/liability-insurance-coverage-requirements-increased-florida-transportation-disadvantaged-providers/
Apr 25, 2018
After all, Florida is the place in America where you can buy space alien abduction insurance, Frank Cerabino writes for the Palm Beach Post. https://www.mypalmbeachpost.com/news/cerabino-chance-ufo-sightings-florida-million-question/rM6WLRne4S1KEBSGrfNbHI/
Apr 25, 2018
Nine health plans including Humana and UnitedHealthcare won five-year Florida Medicaid contracts worth tens of billions of dollars Tuesday after more than 40 plans jumped in to bid in the state’s first procurement period since 2013. Susannah Luthi reports for …