House Version of Claims Reform Bill Omits One-Way Attorney Fee Ban A New House Bill aims to reduce costly litigation against Insurers by forcing Benefits Assignees to risk paying Insurers’ Attorneys’ Fees if they lose.  The Sun-Sentinel’s Ron Hurtibise …

  Demotech Promises Ratings Action By March 16, 2017 In a Press Release below issued yesterday, Demotech, Inc. advised that it will issue its anticipated Affirmations, Additional Information and Ratings Downgrades no later than March 16, 2017.  One month ago, …

    In the press release below issued today, March 7, 2017, Demotech, Inc. advised that it will issue its anticipated affirmations, additional information and ratings downgrades no later than March 16, 2017.  One month ago, Demotech announced in a news …

  Insurance Issues Loom Large on Legislature’s Agenda Will this finally be the year the Florida Legislature breaks the stalemate between Insurers and Trial Lawyers over so-called Abusive Water Claims?  The Sun-Sentinel’s Ron Hurtibise reports. ·         Bill Seeks to Promote …

  Insurance Companies Have Plenty to Worry About as Florida’s Legislative Session Opens The Insurance Industry already has a good idea how one of its top priorities for the 2017 Legislative Session seems likely to go.  It found out when …

  The Florida Office of Insurance Regulation (“OIR”) has advised it will be updating two Rules relating to insurance accounting procedures.  If a Rule Development Workshop is requested for either Rule, it will be scheduled for March 8, 2017 at …

  A number of insurance regulations were proposed for revision last week as the Florida Office of Insurance Regulation proceeds to update them to reflect an electronic filing process. A two-day Rule Development Workshop on the Rules has been scheduled …

  The Florida House and Senate have both released early details of their workers’ compensation plans ahead of next week’s March 7 start of the 2017 Florida Legislative Session. The House Insurance and Banking Subcommittee will workshop its draft proposal …

  Florida Senate:  Higher Workers’ Comp Rates Here to Stay Republican Rob Bradley of Fleming Island says his goal is rate stabilization.  Jim Ash reports for WUSF.   Attorneys’ fees protected in rival insurance claims reform bill Freshman Senator Gary …

  2017 Florida Insurance Legislation to Watch The Florida Insurance Market has been a hotbed of controversy over the last year, and many are looking at the Florida State Legislature to alleviate some of the concerns coming from Consumers, Businesses …