Category: Insurance Regulatory News

Florida PIP Lawsuits Explode To Record A No-Fault Car Insurance System that was supposed to reduce Lawsuits in Florida has instead produced a record mountain of more than 60,000 in 2017, a New Report shows.   The Palm Beach Post’s Charles Elmore reports. …

Federated National Buys Monarch Delaware, Stake From TransRe Federated National Holding Company underwrites multi-Peril, personal automobile, commercial general liability, federal flood, and other lines of Insurance in Florida and other States.  The Intelligent Insurer reports. Governor Scott Announces Major Action …

The Georgia Office of Insurance and Safety Fire Commissioner advised yesterday, February 21, 2018, that it is currently conducting an examination to uncover the scope of insurer surcharges relating to multi-vehicle not-at-fault accidents. “It has come to my attention that …

Miami Roofing Company Owners Arrested Over $1 Million Workers’ Comp Scam Owners of a Miami roofing company have been accused of concealing nearly $1.2 million in payroll on their workers’ compensation policy renewal application in an alleged attempt to illegally …

Over the objections of some of the largest business associations in the state, the Senate Banking and Insurance Committee approved a bill that would eliminate the state’s ability to collect $222.4 million in additional premiums for the Florida Hurricane Catastrophe …

A World War II veteran who survived the lashing of Hurricane Irma as it tore through Florida last year was confronted with another struggle this month, facing eviction for not fixing the storm damage to his home — but the …

A Senate committee Tuesday narrowly approved a bill that would eliminate part of Florida law that allows employers to deny benefits to injured workers who use other people’s Social Security numbers or identification to obtain jobs.  THE NEWS SERVICE OF …

The lawsuit noted that the Pi Kappa Phi national organization, headquartered in Charlotte, N.C., had policies against alcohol abuse and hazing but the activities at the fraternity and among its members “was very different from its carefully crafted” public image.  …

Contracts between insurance companies and pharmacy benefit managers would be prevented from including “gag clauses” regarding drug costs, under a bill approved Tuesday by the Senate Banking and Insurance Committee.  THE NEWS SERVICE OF FLORIDA reports. Read more:  https://newsserviceflorida.com/app/post.cfm?postID=28166

With less than three weeks to go in a legislative session, the direction of which has now been overcome by the massacre at Marjory Stoneman Douglas High School, budget negotiations between the House and the Senate aren’t just stalled, they’re not …