After a spike in water damage claims, Citizens changes policy Important policy changes for Citizens Property Insurance policyholders begin Friday as the state-backed insurer takes steps to control costs that it says threaten to raise rates.  These changes stem …

  Ft. Lauderdale-Based Universal Insurance Holdings Expands to 13th State Fort Lauderdale-Based Universal Insurance Holdings has expanded into Alabama and Minnesota and now writes Policies in 13 states, the Sun-Sentinel’s Ron Hurtibise reports.   Governor Scott Declares State of Emergency …

  The California Department of Insurance announced today, June 29, 2016, that two Berkshire Hathaway companies–the California Insurance Company (“CIC”) and Applied Underwriters Captive Risk Assurance Company, Inc. (“AUCRA”)–were issued a cease and desist order from the California Department of Insurance …

  Florida Democrats Have Backing for Vote on Special Session Saying they can’t wait until next year, Democrats are forcing Florida Legislators to vote on holding a special session to toughen gun laws after the massacre of 49 patrons at …

  Florida’s Citizens Property Insurance Corporation (“Citizens”) advised that it is reinstating the performance standards and disciplinary process for binding violations that are issued on new-business applications submitted on or after July 1, 2016. In accordance with Citizens’ Agent Appointment Agreement, …

  Florida Department of Health Confirms First Zika-Related Case of Microcephaly in Florida Today, the Florida Department of Health announced the first confirmed case of microcephaly in an infant born in Florida whose mother had a travel-related case of Zika. …

    Three Ohio regulations relating to property and casualty insurance are among those open for comment until July 12, 2016 as part of a five-year regulatory review, the Ohio Department of Insurance reminded today, June 27, 2016.   Click …

  All’s fair?  Lawyer Changes Sides after $5M Citizens Contract Payout A West Palm Beach lawyer whose firm collected about $5 million in a controversial role as “Coach in the Press Box” for other attorneys at Citizens Property Insurance Corp. …

  On May 3, 2016, the Federal Reserve Board proposed a rule to support U.S. financial stability by enhancing the resolvability of very large and complex financial firms.  The proposal would require U.S. global systemically important banking institutions (GSIBs) and …

  Scott Will Not Endorse Rubio After Senator Marco Rubio announced his intention to run for re-election, Florida Governor Rick Scott says he will not be endorsing the Senator, WTXL-TV reports. Former GOP Rivals Back Rubio Even As Rick Scott …