Aug 16, 2017
Florida Insurance Commissioner David Altmaier announced today, August 16, 2017, that the Florida Office of Insurance Regulation has approved a form filing by Citizens Property Insurance Corporation to limit the accidental discharge and seepage of water damage claims to …
Aug 16, 2017
Assignment of Benefits reform was the sole 2018 goal listed by Florida Insurance Commissioner David Altmaier when he presented his legislative agenda, along with an analysis of new Florida Office of Insurance Regulation (“OIR”) performance measures to the Florida …
Aug 16, 2017
Senator Lee Files Personal Injury Protection Repeal Bill The Proposed Legislation Repeals Florida’s Motor Vehicle No-Fault Law and establishes a Mandate for Bodily Injury and Medical Payments Coverages. Floridians would be required to purchase Bodily Injury Liability Coverage at …
Aug 15, 2017
Senator Anitere Flores will once again chair the Florida Senate Committee on Banking and Insurance, Senate President Joe Negron announced today, August 15, 2017. During the 2017 Legislative Session, Senator Flores had sponsored SB 378, which would have repealed …
Aug 15, 2017
People’s Trust Insurance To Start Checking Customers’ Credit Deerfield Beach-Based People’s Trust Insurance Co. plans to start running Credit Checks on New and Renewing Customers. The Sun-Sentinel’s Ron Hurtibise reports. State Holds August 23 Hearing To Consider Florida …
Aug 14, 2017
Florida’s Citizens Property Insurance Corporation (“Citizens”) has requested statewide average rate changes for its business in the Coastal Account (“CA”), Commercial Lines Account (“CLA”), and Personal Lines Account (“PLA”). The proposed rates were approved by Citizens’ Board of Governors …
Aug 14, 2017
Geologists Descend on Florida Neighborhood to Study Massive Sinkhole Experts might ever know exactly what caused Pasco County’s Largest Sinkhole in Decades, but a Team of University of South Florida Researchers have descended upon Lake Padgett Estates to learn as …
Aug 10, 2017
As Hurricane Andrew Memories Fade, Florida Weakens Building Codes The Building Codes once hailed as the Gold Standard Other States should emulate are under assault. Alan Gomez writes for USA Today. Sea Level Rose Faster In The Southeastern …
Aug 9, 2017
A bill that would create a new section of law dealing with assignment of benefits was filed today by Florida Senator Dorothy Hukill and co-introduced by Senator Kathleen Passidomo. Among its provisions, SB 62 would prohibit certain awards of …
Aug 9, 2017
The Florida Surplus Line Service Office (“FSLSO”) released its 2016 Annual Report during its Third Quarter Board Meeting on August 8, 2017, in which was documented that surplus lines premium written in Florida continued to grow, nearing almost $5 …