Sep 16, 2016
Negron Upends Senate Appropriations Committee Staff in Effort to Cushion Any “Loyalty Gaps” Fresh off a bitter two-year fight to become Senate President, Senator Joe Negron, R-Stuart, is shaking up the Senate’s Professional Staff in a way the Legislature hasn’t seen since …
Sep 15, 2016
Heritage Proposes 15 Percent Rate Increase in Most of South Florida Heritage, the third-largest Insurer in the Tri-County Region with 96,139 Personal Residential Policies at the end of March, this month filed for approval to increase rates an average …
Sep 14, 2016
The Florida Office of Insurance Regulation advised today, September 14, 2016, that it has released an actuarial study written by Pinnacle Actuarial Resources, Inc. (“Pinnacle”) that estimates the effect of cost savings realized by insurance companies writing Personal Injury …
Sep 14, 2016
Post-Hurricane Recovery Florida Best Practices Task Force Created Citizens for Responsible Spending Chairman Barney Bishop III today Tuesday the creation of the Post-Hurricane Recovery Best Practices Task Force, SunshineStateNews.com Publisher Nancy Smith reports. Florida’s Olympus Insurance Promotes Burton …
Sep 13, 2016
Florida’s First Hurricane in 11 Years “Could Have Been a Lot Worse” for Insurers While Preliminary Damage Estimates and Claims are still trickling in from Hurricane Hermine, Florida’s first named Hurricane since 2005, the consensus from the Insurance Industry …
Sep 12, 2016
Florida Reports Success in Invasive Snail Eradication Effort The snails eat over 500 kinds of plants as well as plaster and stucco. They also can carry parasites that can cause meningitis in humans. The Associated Press reports via the …
Sep 9, 2016
Hermine: Losses Seen Up To $500M, Could Have Been Worse, Insurers Say An early Estimate puts losses approaching $500 Million for the first Hurricane to make landfall in Florida in more than a decade, but Hermine turned out to …
Sep 8, 2016
The Florida Office of Insurance Regulation (“OIR”) and the Department of Financial Services (“DFS”) advised today, September 8, 2016, that they have been made aware of a scam involving the unauthorized use of Florida Insurance Commissioner David Altmaier’s name …
Sep 8, 2016
In a Bulletin issued September 7, 2016, the Florida Hurricane Catastrophe Fund advised Participating Insurers on reporting requirements in the wake of Hurricane Hermine. To view the complete Bulletin, click here. Extensive Florida Hurricane Catastrophe Fund information is also …
Sep 8, 2016
Jack Latvala Wants Answers After Tallahassee’s Hermine Experience Senator Jack Latvala is questioning whether Community-Based Power Operations—such as City of Tallahassee Utilities—are positioned as well as they could be to recover after major storms. Tallahassee Officials say they did not …