Two property insurance companies have filed for rate increases of more than 50% on their Florida policies, legislative leaders say they’re still considering the Governor’s proposal for homeowners insurance premium relief, and a new report says it’s not really any weather changes that’s leading to higher insurance losses. It’s all …
Last week marked the halfway point of Session and the last time House subcommittees will meet this year. Bills that have not moved through one committee, or do not have a House or Senate companion, are likely dead this Session. The phrase “Bills are …
A statewide grand jury releases its first report finding many COVID-19 prevention policies harmful and counterintuitive, Florida legislation advances to get homeless people off the streets and into designated camps, and more Americans report they are focused on reducing stress in their lives in 2024. Why and how is …
This week a hearing was held in both the U.S. House Financial Services Committee and the U.S. Senate Committee on Banking, Housing, and Urban Affairs to discuss key insurance issues and lawmakers’ oversight of the Financial Stability Oversight Council (FSOC). The only witness called in both hearings was Treasury Secretary Janet …
This past week I addressed over 100 participants in the quarterly Department of Financial Services (DFS) Property and Casualty Insurance Fraud Task Force. The Task Force began over a decade ago and meets four times a year in Lake Mary. Its mission is to bring together bright minds to stop insurance fraud …
