Category: Insurance Regulatory News
Apr 19, 2018
The legislation, though, would offer a more-permanent fix by eliminating a prohibition on administrative and legal challenges. THE NEWS SERVICE OF FLORIDA’s Christine Sexton reports via the Gainesville Sun. http://www.gainesville.com/news/20180417/senators-back-hospitals-on-payment-challenges
Apr 19, 2018
Specifically, the appeals court ruled Wednesday that Florida’s environmental protection statute can only be used to sue for damages to property, not people, caused by environmental contamination. Floridians still can sue for personal injuries, SunshineStateNews.com Publisher Nancy Smith explains. http://sunshinestatenews.com/story/first-dca-overturns-500-million-ant-bite-case
Apr 19, 2018
Sources in the gaming industry said Scott’s deal with the Seminoles wouldn’t affect plans by the Legislature to call a Special Session to address unresolved gambling issues. FloridaPolitics.com’s Jim Rosica reports. http://floridapolitics.com/archives/261678-rick-scott-seminole-gambling
Apr 19, 2018
Several issues were lumped together and passed Monday by the Florida Constitution Revision Commission, a panel of 37 members that convenes every 20 years to propose changes to the state constitution. The Orlando Sentinel’s Gray Rohrer reports for the “Central …
Apr 19, 2018
Even in Broward County — where 17 high school students, teachers and staff died in a February shooting that sparked a national movement to stop gun violence — there are fewer new registrations. The Tampa Bay Times’ Steve Cotorno reports …
Apr 19, 2018
The NFIP is scheduled to expire and run out of borrowing authority in the middle of the 2018 hurricane season, Gloria Gonzalez reports for Business Insurance. http://www.businessinsurance.com/article/20180417/NEWS06/912320620/Flood-cover-debate-set-to-heat-up-as-expiration-nears
Apr 19, 2018
Analysis from global reinsurance broker Aon Benfield shows that alternative reinsurance capital growth again outpaced traditional market expansion in 2017, underlining its growing influence in the market. Artimis.bm reports. http://www.artemis.bm/blog/2018/04/16/further-growth-expected-in-2018-as-alternative-capital-hits-89bn-aon-benfield/
Apr 19, 2018
The agreement between the two parties effectively ends the legal dispute that began late last year when NCRB requested an 18.7 percent homeowners’ insurance rate increase, Insurance Journal reports. https://www.insurancejournal.com/news/southeast/2018/04/19/486797.htm
Apr 19, 2018
Under the agreement, Hyundai will supply Verisk with driving data from consenting car owners through its Blue Link connected car service, which is available on the entire Hyundai line-up, starting with 2018 model year vehicles. Lyle Adriano reports for Insurance …
Apr 19, 2018
The Consumer Financial Protection Bureau had sought to eliminate dealer markups over concerns that black and Latino customers were often charged higher rates than whites with identical credit profiles, citing several analyses — including their own — of auto loan …