After Governor DeSantis a week ago Friday signed tort reform bill HB 837 into law, some in the trial bar went into a bit of a meltdown, threatening to play hardball with the insurance industry, whom …
Allstate’s Castle Key subsidiary is asking for a 53.5% rate increase after shedding 33,000 condo policies, another Florida insurance company goes into a policy runoff while another calls it quits altogether, plus how the high …
Signs of a spike in filed lawsuits to get ahead of expected tort reform, the need for a reinsurance bridge to weather this upcoming hurricane season as Citizens Insurance makes a tough reinsurance buy, …
Property reinsurance prices remain high with hurricane season rapidly approaching, Citizens Insurance reports encouraging market reform outcomes, a public adjuster faces a two-year suspension, plus a proposed change to the Emergency Adjuster licensing rule. …
The first major takeout of Citizens Insurance policies in three years, the wait for a new reinsurance lifeline for Florida insurance companies, a strict interpretation of AOB cancellation provisions, plus Citizens reveals required flood insurance counts …
The search is expected to begin later this month for a new Florida insurance commissioner following the resignation of David Altmaier along with his two deputy commissioners, there’s a new report on Florida insurance companies’ …
The Florida plaintiff attorney who became the infamous poster child for excessive property insurance litigation in recent years has been disbarred from the practice of law. The Florida Supreme Court issued its order in …
Right after the December special session, I sat down with three insurance industry veterans, including Citizens’ Barry Gilway, to discuss their take on Florida’s big property insurance market reforms and their expectations of its impact. The …
Reaction has been very favorable to the comprehensive property insurance market reforms passed by the Florida Legislature in its special session last month. Comments such as “profound” and “historic” and “will really unlock consumer …
Happy New Year to you! We start this first edition of 2023 with a fond farewell to Citizens President, CEO, and Executive Director Barry Gilway, who announced just before Christmas that he will be retiring. While he will likely stick …
