Private insurers’ takeout offers could be more readily accepted after implementation of Florida’s Citizens Property Insurance Corporation’s (“Citizens”) “Depopulation Enhancements for Policyholder Choice” Program (“Program”), which will be reviewed at Citizens’ Market Accountability Advisory Committee meeting tomorrow, September 27, …

  Stand Your Ground insurance? It is Florida, After All Why should we be surprised at this latest Insanity about Florida, Guns and The American Way?  The Tampa Bay Times’ Sue Carlton wonders.   West Palm’s Flood Rule:  New Homes …

  The Florida Property Casualty Association (“FPCA”) reported today, September 23, 2016, that the Florida Department of Financial Services (“DFS”) has published a new proposed draft of the public adjuster-related “Prompt Notice Rule,” Rule 69B-220.051, entitled “Conduct of Public Adjusters …

  Monitoring the regulatory treatment and transparency of captive reinsurers and their transactions should be a continued focus by state insurance regulators, the Financial Stability Oversight Council said in its 2016 Annual Report released yesterday, September 22.   To view the …

  Governor Scott Defends Environmental Agency’s Handling of Sinkhole Water Spill Florida Governor Rick Scott on Thursday came to the defense of the Florida Department of Environmental Protection over its handling of a spill of 215 million gallons of Contaminated …

  Water damage property loss trends have far from stabilized in Florida, it was reported at Citizens Property Insurance Corporation’s (“Citizens”) Consumer Services Committee (“Committee”) meeting this week on September 15, 2016.   Collectively for all carriers, overall claims-related lawsuits …

  Tallahassee Mayor Andrew Gillum Responds to Rick Scott’s Criticism About Hurricane Recovery Power Outages in the City have led to Open Complaints from Governor Rick Scott about the speed of repairs and restoration following the storm.  WXTL-TV reports. Five …

  Governor Scott Requests a Presidential Major Disaster Declaration for Florida Following Hurricane Hermine Governor Rick Scott requested that President Obama make a Major Disaster Declaration for Florida due to severe storms and flooding that impacted communities and businesses throughout …

  Mosaic to Have 3rd Party Test Private Wells Near Mulberry Plant Where Sinkhole Opened, Dumping Contaminated Water Mosaic Co. has retained a third-party company to test private wells near the plant where a sinkhole recently opened up, dumping about …

  Florida Regulators Approve Rate Increase for Citizens Policyholders The Florida Office of Insurance Regulation approved a 6.4 percent overall Rate Increase for 2017 for Citizens Property Insurance Corp. Homeowners’ Multiperil Policyholders across the State.  According to Citizens, the increase is …