Florida’s Citizens Property Insurance Corporation (“Citizens”) published its 2017 Personal Lines and Commercial Lines Calendars today, September 29, 2017, noting that special attention should be paid to the new assumption schedule for each line of business. Personal Lines assumptions …

  Hermine Damage Leads to Federal Disaster Declaration for Florida Florida has received a Federal Disaster Declaration because of damage from Hurricane Hermine. This gives Businesses and Homeowners access to Federal Assistance to recover from the storm.  SunshineStateNews.com reports.   …

  At its meeting today, September 28, 2016, Florida’s Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) approved a series of changes to Citizens’ depopulation program that are intended to simplify the takeout process and further improve customer involvement. …

  Federal Insurance Office Director Michael McRaith testified before the U.S. House Financial Services Subcommittee on Housing And Insurance at a hearing entitled “The Impact of US-EU Dialogues on U.S. Insurance Markets” today, September 28, 2016.  The hearing examined the process …

  Insurer Citizens Expects 65,000 Customers to Leave By End of 2016 Florida’s State-Run Insurer expects 65,000 of its Customers will switch to Private Competitors by the end of 2016, a major slowdown compared to the exodus of the past two years.  The …

  After its review of the workers’ compensation insurance rate filing submitted by the National Council on Compensation Insurance (“NCCI”) and consideration of hundreds of public comments and testimony received from interested stakeholders, the Florida Office of Insurance Regulation (“OIR”) …

  In a press release issued last Friday, September 23, 2016, the Council of Insurance Agents & Brokers (“CIAB” or “Council”) applauded H.R. 6159, which was introduced the same day by U.S. Representatives John Larson and Ed Royce.  The CIAB …

  Comments on the Florida Hurricane Catastrophe Fund’s proposed 2017-2018 Reimbursement Contract will be accepted until October 21, 2016.   The corresponding Rule, 19-8.010, is in process of being amended by Florida’s State Board of Administration to implement Section 215.555, F.S.  …

  Federal Insurance Office Director Michael McRaith and Tennessee Insurance Commissioner and National Association of Insurance Commissioners Vice President Julie Mix McPeak will be on the witness panel for the U.S. House Financial Services Subcommittee on Housing and Insurance hearing …

  After 3-Week Delay Telling Public About Contaminated Sinkhole, Governor Rick Scott Wants Faster Notice For three weeks, Florida Department of Environmental Protection Officials kept mum about a Phosphate Mine’s 300-Foot-Deep Sinkhole that dumped 215 million gallons of Contaminated Water into the …