Category: Insurance Regulatory News

  Texts: Florida Fire Station Funding Another Budget Fight Waged Behind Closed Doors A Fight over Funding for Fire Station Projects was a key cog in hammering out a nearly $2 Billion portion of the State Budget, providing another example …

  A Guide to Help You Navigate Hurricane Insurance Marketplace A potentially Darker 2017 Hurricane Outlook hangs on a “Knife’s Edge” of pending weather factors, one forecaster says, but South Florida Home Owners are already doused with Rising Insurance Rates and a …

  Florida Workers’ Comp Rate Hike Backed By Appeals Court Rejecting Arguments that Florida’s Sunshine Law was violated, an Appeals Court Tuesday upheld a 14.5 percent Increase in Workers’ Compensation Insurance Rates that began to hit Businesses in December.  THE …

  Rejecting arguments that Florida’s Sunshine Law was violated, Florida’s First District Court of Appeal has upheld a 14.5 percent increase in workers’ compensation insurance rates that were effected in December 2016. To read the ruling issued today, May 9, …

  Florida Fails to Pass Workers’ Compensation Reform Florida Businesses shouldn’t expect relief for Workers’ Compensation Rates, this year at least. The Florida Legislature failed to pass Legislation this Session addressing 2016 Decisions by the Florida Supreme Court that sent …

  Insurer Says Local Policy Freeze Helped Cut Losses Heritage Insurance Holdings, the third-largest Carrier in South Florida, said it reduced Claims Losses in the First Quarter of 2017 in part because it hasn’t written a New Policy in the …

  One Element of the Workers’ Compensation Fix Headed to the Governor It’s not the big banana, but a small piece of Workers’ Compensation Reform is on its way to Governor Rick Scott.  FloridaPolitics.com’s Michael Moline reports. Amendment Would Move …

  Must-Pass Workers’ Compensation, AOB Reform Languishing in Legislature With House and Senate Leaders caught up with Budget Negotiations ahead of Friday’s Deadline for Adjournment, Advocates for Legislative Fixes for Assignment of Benefits and Workers’ Compensation Reform confronted this possibility:  …

  Call Insurer Citizens “AOB Refugee Fund of Florida,” Amendment Says They call Alabama the Crimson Tide, but how about State-Run Citizens Property Insurance Corp.?  A Proposed Amendment Filed Monday on a State Bill says, “The Corporation is Officially Recognized as the …

  Florida House Advances Bill Targeting Claims Abuse, But Senate Battle Looms A Bill aimed at Decreasing Insurance Claims Abuse in Florida has made it through the Florida House, and the Industry’s hope for Assignment of Benefits Reform now officially …