Jun 10, 2016
Florida Supreme Court Rejects Another Part of Workers’ Compensation System For the second time in less than two months, the Florida Supreme Court on Thursday ruled that part of the state’s workers’ compensation insurance system is unconstitutional. THE NEWS …
Jun 9, 2016
Following are excerpts from Colodny Fass’ May 2016 edition of “Florida Insurance Matters,” an update on recent insurance litigation in the State of Florida (to view the newsletter on its original Web page, click here): Insured Not Required to …
Jun 9, 2016
Quashing the First District Court of Appeal ruling in the case of Westphal v. City of St. Petersburg Risk Management, the Florida Supreme Court has determined that certain portions of Florida’s workers’ compensation statute are unconstitutional. To view the decision …
Jun 9, 2016
Florida Flags Insurer’s Proposed Assignment of Benefits Restrictions One of South Florida’s largest property insurance companies has been rebuffed by state insurance regulators for seeking Assignment of Benefits restrictions that were disapproved two years ago. The Sun Sentinel’s Ron …
Jun 8, 2016
Florida’s Citizens Property Insurance Corporation’s (“Citizens”) Consumer Services Committee meets tomorrow, June 9, 2016, to review various Citizens programs introduced earlier this year, including water loss mitigation efforts, consumer notifications about Citizens’ recent policy changes and self-service telephone payments, …
Jun 8, 2016
Departing Insurance Commissioner Warns South Florida to Solve Insurance Claims Crisis Preparing to leave State Government after 27 years, former Florida Insurance Commissioner Kevin McCarty warned that South Florida faces further property insurance rate increases if a solution isn’t …
Jun 7, 2016
The Florida Office of Insurance Regulation published its annual 2015 underwriting profit and contingency factors established for use in rate filings as Informational Memorandum OIR-16-04M today, June 7, 2016. The Memorandum was accompanied by a June 2 Order, which …
Jun 7, 2016
Governor Activates National Guard, Declares Emergency as Tropical Storm Colin Approaches Florida Governor Rick Scott activated 6,000 National Guard troops, declared a state of emergency in more than half the state’s counties and urged all Floridians to stay home …
Jun 6, 2016
Scott Activates Florida’s Emergency Management Center as Tropical Depression Builds Governor Rick Scott has elevated the activation status of the State Emergency Operations Center in Tallahassee as Florida braces for the possible impacts of a tropical depression brewing in …
Jun 3, 2016
Florida Homeowners in Untested, but Financially Stable Climate Entering Hurricane Season Many homeowners are newbies at assembling a hurricane kit, let alone evacuating or filing damage claims. Many insurance companies writing their policies are also relatively new. The Tampa …