Category: Insurance Regulatory News

The powerful Florida House Appropriations Committee on Tuesday approved a sweeping proposal to tighten gun controls in response to the Feb. 14 mass shooting at Marjory Stoneman Douglas High School, but it did not approve an amendment to ban assault …

  Though the race had remained largely under the radar, the Tampa Republican had been jockeying for position with GOP state Sens. Travis Hutson of Palm Coast and Kathleen Passidomo of Naples. State Sen. Greg Steube (R-Sarasota was also trying …

Former State Representative Ray Pilon — a Sarasota Republican who held the District 72 seat from 2010 to 2016 before deciding to run for the state Senate and losing — told the Sarasota Herald-Tribune’s Zac Anderson that he will try …

The Fort Pierce Utilities Authority has been fined $10,500 for several spills totaling about 10.5 million gallons of treated and untreated sewage at the wastewater treatment plant and several lift stations.  Tyler Treadway reports for TCPalm.com. https://www.tcpalm.com/story/news/local/indian-river-lagoon/health/2018/02/27/fort-pierce-utilities-authority-fined-10-500-10-5-million-gallons-sewage-spills/372353002/

The first time Lozman and the city met at the Supreme Court, the justices reviewed Lozman’s claim that Riviera Beach had improperly used federal admiralty law to seize (and later destroy) his two-story, plywood-and-French-doors houseboat, moored at the city marina.  …

PCI is criticizing the latest study published by the Consumer Federation of America, which claims that low-mileage drivers are at lower risk of accidents, but still end up paying just as much for insurance.  Lyle Adriano reports for Insurance Business …

Directors, officers and underwriters have reason to take the law seriously, Insurance Journal reports. https://www.insurancejournal.com/news/international/2018/02/26/481517.htm

Demotech Holds-Off On Affirming “A” Ratings  A Company that rates many Florida Property/Casualty Insurers believes Hurricane Losses and Assignment of Benefits Litigation during 2017 could affect some Insurers’ Financial Ratings.  Insurance Journal’s Amy O’Connor reports. Citrus Re Florida Cat Bond …

New Educational Alliance Will Provide Resources to Inform and Educate Property Owners FORT LAUDERDALE, FLORIDA February 26, 2018 – The FAIR Foundation, a leading Florida-based consumer advocacy group and champion for creating safer, stronger and more resilient communities through consumer …

A business group pushing the House version of assignment of benefits reform is releasing video testimonials by consumers who feel they were harmed by AOB abuse, FloridaPolitics.com reports. Read more:  http://floridapolitics.com/archives/257438-coalition-enlists-consumer-testimony-support-aob-reform