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 …
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 …
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 …
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 …
TALLAHASSEE — The Florida Legislature is once again trying to decide what to do with the state’s 45 year-old No-Fault Automobile Insurance coverage law – more specifically, how to handle the persistent fraud that keeps increasing and with it, automobile …
