Category: Florida and Insurance News
Jan 26, 2018
Medicaid Expansion Could Save State $500M, Lawmaker Says A Democratic push to expand Affordable Health Care Coverage in Florida has a unique selling point: it could save the State more than $500 Million. Danny McAuliffe reports for FloridaPolitics.com. Florida House: …
Jan 25, 2018
Double-Digit Rate Increases Forecast For Florida Reinsurance Renewal By S&P Given the magnitude of the Insurance Industry losses suffered in Regions affected by Major Hurricanes in 2017, Rating Agency Standard & Poor’s anticipates a continuation of the trend seen in …
Jan 24, 2018
Florida AOB Bill Passes Senate Insurance Panel Despite Business Opposition A Florida Senate Panel gave a thumbs-up Tuesday to a Bill that would prevent Property Insurers from including Attorney Fees and other Legal Costs in their Rate Base, despite opposition …
Jan 24, 2018
The downsizing of Citizens Property Insurance Corporation (“Citizens”) was credited as having greatly contributed to the State of Florida’s dramatically improved insurance regulatory environment rating by the R Street Institute in its “2017 Insurance Regulation Report Card” published yesterday, January …
Jan 24, 2018
Florida AOB Bill Passes Senate Insurance Panel Despite Business Opposition A Florida Senate Panel gave a thumbs-up Tuesday to a Bill that would prevent Property Insurers from including Attorney Fees and other Legal Costs in their Rate Base, despite opposition …
Jan 22, 2018
Brightline Adds Safety Features At Crossings Brightline has positioned large electronic signs at several busy Rail Crossings along its Route to warn the Public that its New Express Trains move faster than other rail traffic and to urge people to stay …
Jan 21, 2018
Protecting Legal Fraud In Florida Florida’s Legislature is in Session, and for the sixth straight year reform-minded Republicans are trying to shut down a Trial-Bar Scheme that’s bleeding Property Insurers and sending Sunshine State Premiums skyrocketing. The Wall Street Journal …
Jan 19, 2018
U.S. House Financial Services Committee Notes Republican Flood Insurance “Defectors” The U.S. House Financial Services Committee took the unusual step of issuing an “In Case You Missed It” on a scathing editorial by the Wall Street Journal Editorial Board on …
Jan 18, 2018
Ex-CEO sues over failures of Guarantee, Patriot National Two lawsuits filed by Steven Mariano, former CEO and majority owner of insurance services provider Patriot National and worker’s compensation firm Guarantee Insurance Co., blame an auditor and hedge fund investors for …
Jan 17, 2018
The downsizing of Citizens Property Insurance Corporation (“Citizens”) was credited as having greatly contributed to the State of Florida’s dramatically improved insurance regulatory environment rating by the R Street Institute in its “2017 Insurance Regulation Report Card” published yesterday, January …