Aug 18, 2016
The Florida Office of Insurance Regulation (“OIR”) conducted a hearing on August 16, 2016 to consider a workers’ compensation rate filing made by the National Council on Compensation Insurance (“NCCI”). NCCI has proposed an overall average increase of …
Aug 18, 2016
At the Florida Office of Insurance Regulation hearing on Citizens Property Insurance Corporation (“Citizens’”) rate increase request hearing this morning, August 18, 2016, President/CEO and Executive Director Barry Gilway and Chief Risk Officer John Rollins presented various documents relating …
Aug 18, 2016
State of Florida Challenges Ruling on State Farm Secrecy A Leon County Circuit Judge should have required Insurance Giant State Farm to prove its Policy-Count Data was valuable to Competitors before allowing the Company to hide the data from …
Aug 17, 2016
Sides Line Up as Florida Workers’ Comp Rate Hike Weighed With a Legislative Battle brewing, State Regulators listened to hours of testimony Tuesday as they decide whether to approve a 19.6 percent Increase in Workers’ Compensation Insurance Rates. THE …
Aug 16, 2016
Insurance Council Counters Challenge to Big Workers’ Comp Rate Hike An Insurance Industry Council moved Monday to block a Legal Challenge to proposed Workers’ Compensation Premium Increases of nearly 20 percent, warning that delay would threaten the solvency of …
Aug 15, 2016
Florida Homeowners Insurer Olympus Adds Newby as VP of Claims Martin Newby will serve as Olympus’ Senior Claims Executive responsible for the Development, Implementation, Organization and Leadership of the Olympus Claims Programs and Initiatives. He brings more than 28 …
Aug 12, 2016
The Florida Workers’ Compensation Research Institute’s WCI360.com reported today, August 12, 2016, that a Plaintiffs’ attorney has filed a lawsuit against the National Council on Compensation Insurance (“NCCI”), the Florida Office of Insurance Regulation and Insurance Commissioner David Altmaier. …
Aug 12, 2016
State’s Largest Insurer Withdraws 8.1 Percent Rate-Hike Request for South Florida South Florida customers of the State’s largest Home Insurer earned a reprieve this week from looming Rate Hikes, the Sun-Sentinel’s Ron Hurtibise reports. Florida Regulators to Take …
Aug 12, 2016
In an Opinion issued yesterday, August 11, 2016, Florida’s First District Court of Appeal (“First DCA”) determined that it lacked jurisdiction in an appeal involving uninsured motorist coverage issued by State Farm Mutual Auto Insurance Company (“State Farm”). …
Aug 11, 2016
The Florida Office of Insurance Regulation (“OIR”) announced today, August 11, 2016, that it will conduct a rate hearing in Tallahassee on August 18 at 9 a.m. (ET) to receive public comment on Citizens Property Insurance Corporation’s (“Citizens’”) proposed …