The Florida Legislature will adjourn its 2022 session this afternoon. Here are links to what the leadership focused on in public policy and tax breaks. Property insurance relief and preventing another condominium building collapse are not on the list. In fact, this graphic at right notes what leaders said when it comes to needed …
The Florida Legislature will adjourn this afternoon after passing the over $112 billion budget for next year. The legislature did NOT pass substantive insurance consumer protections, even though the Florida Senate sent some meaningful bills to the House. In the end, the House chose to not hear …
Another assessment is expected on Florida’s property insurance companies and their policyholders from the latest insurance carrier insolvency, while yet another company has its credit rating and outlook downgraded. Plus, Florida’s largest property insurance company says it’s making progress avoiding lawsuits, even as the number is up, including those involving …
The Florida Department of Financial Services (DFS), the agency charged with fighting insurance fraud and other harmful practices, is going after a South Florida public adjuster that it accuses of a pattern of stonewalling insurance company adjusters, including blocking access to properties. The move comes after complaints from several insurance companies …
One of the hallmark victories for insurance companies and their policyholders in last year’s consumer insurance reform law SB 76 ended expensive one-way attorney fees in property insurance claims lawsuits. Now a policyholder of Citizens Insurance has filed a class action lawsuit, suggesting that Citizens owes her and thousands of other …
