TALLAHASSEE — For those writing today on Hurricane Michael, former Florida Deputy Insurance Commissioner Lisa Miller was interviewed this morning by Tom Flanigan on WFSU-FM, National Public Radio for Florida, just hours before Hurricane Michael made landfall on the Florida …
Press Releases
DRIVER’S LICENSE AND BLOCKCHAIN PLEASE – New Technology Has Applications in Florida Auto Insurance and Fighting Fraud
TALLAHASSEE — The emerging distributed ledger software technology Blockchain, being developed for use in financial transactions, has applications in how we manage insurance information, too. It could one day be used to reduce Florida’s nearly 27% rate of uninsured drivers …
DETERMINING THE RISK OF SCHOOL SHOOTINGS – Florida’s new law may mean more lawsuits
TALLAHASSEE — In the aftermath of the Parkland, Florida school shooting, insurance companies are now turning to new and more sophisticated predictive modeling to try to determine the level of risk involved with major casualty events, occurring more often in …
THE ‘AOB TRAP’ VEXING THE FLORIDA LEGISLATURE ON THE EVE OF ITS 2018 SESSION
TALLAHASSEE (January 5, 2018) — Fort Myers retiree Sandra Carlstrom suffered extensive water damage to her home when Hurricane Irma’s 115 mph winds and flying debris left holes in her roof and outside trim. But a second – and more …
CAN THE NATIONAL FLOOD INSURANCE PROGRAM BE FIXED TO FLORIDA’S BENEFIT?
TALLAHASSEE — The National Flood Insurance Program (NFIP), set to expire today, has just received a two-week extension. So Congress is pushing into 2018 a decision on how to reform the beleaguered federal program that 1.8 million Floridians depend on …
FORMER FLORIDA DEPUTY INSURANCE COMMISSIONER: IMAGINE THE IRMA CLAIMS PROCESS AS AN EMERGENCY ROOM TRIAGE
TALLAHASSEE — Former Florida Deputy Insurance Commissioner Lisa Miller says insurance companies taking claims calls from Hurricane Irma are handling them like an emergency room in a hospital: triaging the calls in order of severity. Miller, President and CEO of …
CITIZENS INSURANCE PRESIDENT TALKS COVERAGE CAPS ON THE FLORIDA INSURANCE ROUNDUP
TALLAHASSEE — The Florida Office of Insurance Regulation (OIR) has approved two new controversial requests by Citizens Property Insurance Corporation, the state’s so-called insurer of last resort, in its bid to get skyrocketing claims and litigation costs under control. The …
NEW TECHNOLOGY DRIVING BETTER PREDICTION AND PRICING OF FLOOD RISK ON THE FLORIDA INSURANCE ROUNDUP
TALLAHASSEE — Actuarial experts, disaster modelers, and third-party vendors are utilizing new technology to better predict and price flood risk – and Florida’s private market has responded, with the number of companies writing flood insurance doubling from 10 to …
GROWING FLORIDA’S PRIVATE FLOOD MARKET – Taking a Lesson from Citizens Insurance and Obamacare
TALLAHASSEE — Governor Rick Scott last Friday signed into law HB 813to further encourage private flood insurance alternatives for Florida homeowners and businesses. Florida’s private flood insurance market is growing while Congress tries to find potential fixes for the …
MAJOR INSURANCE ISSUES FAIL IN FLORIDA LEGISLATIVE SESSION
TALLAHASSEE — The Florida Legislature ended its 2017 session this week three days late – and without passing most of the major insurance-related bills. These include Assignment of Benefits reform, Workers’ Compensation reform as mandated by the state Supreme …
