Nov 29, 2016
Florida’s Citizens Property Insurance Corporation (“Citizens”) will be issuing a new Request for Information for new independent adjusting firms after those with which the State-run insurer had been contracting failed to provide reliable catastrophe response after Hurricanes Hermine and …
Nov 29, 2016
Florida Senate President Joe Negron (R-Stuart) announced today, November 29, 2016, that he has appointed Senator Wilton Simpson (R-Trilby) as Senate Majority Leader and Senator Kelli Stargel (R-Lakeland) as Deputy Majority Leader for Florida’s 2016-2018 state legislative term. “Wilton …
Nov 29, 2016
The Florida Office of Insurance Regulation (“OIR”) advised this morning, November 29, 2016, that it has filed a Notice of Appeal with the First District Court of Appeal in the Fee v. National Council on Compensation Insurance (“NCCI”)/OIR court …
Nov 29, 2016
Reinsurance Saved Florida From Catastrophic Losses Reinsurance saved Florida from Catastrophic Losses. While this year’s storms Hermine and Matthew brought an end to the State’s decade-long hurricane drought, they easily could have been stronger or cut a more destructive …
Nov 28, 2016
NCCI Vows to Appeal Court Ruling on Florida Workers’ Compensation The National Council on Compensation Insurance, which sets Workers’ Compensation Rates, will appeal Wednesday’s Ruling by Leon County Circuit Court Judge Karen Gievers to strike down a 14.5 percent …
Nov 23, 2016
The following news broke today, November 23, 2016: A U.S. District Court judge in Texas issued a preliminary injunction late yesterday, November 22, 2016, that temporarily blocks new overtime rules from going into effect nationwide on December 1. Those rules had …
Nov 23, 2016
Nov 23, 2016
Hurricane Matthew Damage Lingers for Osceola Family More than a month after Matthew ripped up the Atlantic Coastline, Florida Residents still grapple with an estimated $606 Million in Damages. Mary Shanklin reports for the Orlando Sentinel. Florida CHAIN …
Nov 22, 2016
The State of Florida Auditor General published a report on the Florida Office of Insurance Regulation (“OIR”) today, November 22, 2016. To view the report, click here. This operational audit focused on the OIR’s rate filing review process for health …
Nov 22, 2016
The U.S. Department of the Treasury’s Federal Insurance Office (“FIO”) released its first annual “Report on the Protection of Consumers and Access to Insurance” yesterday, November 21, 2016. The first-of-its-kind report addresses a range of consumer protection issues that …