Category: Florida Insurance and Political Headlines

PCI is criticizing the latest study published by the Consumer Federation of America, which claims that low-mileage drivers are at lower risk of accidents, but still end up paying just as much for insurance.  Lyle Adriano reports for Insurance Business …

Directors, officers and underwriters have reason to take the law seriously, Insurance Journal reports. https://www.insurancejournal.com/news/international/2018/02/26/481517.htm

Demotech Holds-Off On Affirming “A” Ratings  A Company that rates many Florida Property/Casualty Insurers believes Hurricane Losses and Assignment of Benefits Litigation during 2017 could affect some Insurers’ Financial Ratings.  Insurance Journal’s Amy O’Connor reports. Citrus Re Florida Cat Bond …

New Educational Alliance Will Provide Resources to Inform and Educate Property Owners FORT LAUDERDALE, FLORIDA February 26, 2018 – The FAIR Foundation, a leading Florida-based consumer advocacy group and champion for creating safer, stronger and more resilient communities through consumer …

A business group pushing the House version of assignment of benefits reform is releasing video testimonials by consumers who feel they were harmed by AOB abuse, FloridaPolitics.com reports. Read more:  http://floridapolitics.com/archives/257438-coalition-enlists-consumer-testimony-support-aob-reform

A Florida appeals court ruled Friday that an insurer’s failure to meet the 120-day deadline to deny the compensability of an injury claim waived the insurer’s intoxicated-worker rights.  Louise Esola reports for Business Insurance. Read more:  http://www.businessinsurance.com/article/20180226/NEWS08/912319442/RetailFirst-Insurance-Company-not-off-hook-for-claim-over-suspected-Neptune-Fish

Because cities and counties in Florida employ almost all first responders, they will incur almost all of the costs of the benefit, THE NEWS SERVICE OF FLORIDA reports via FloridaPolitics.com. Read more:  http://floridapolitics.com/archives/257529-league-cities-drops-opposition

Senate budget chief Rob Bradley confirmed late Monday that a deal between the House and the Senate on budget allocations had been reached. Budget conferencing could begin as soon as today, FloridaPolitics.com reports. Read more:  http://floridapolitics.com/archives/257367-legislative-leadership-2018-allocations

Prosecutors and legitimate rehab centers are pushing Congress to change laws that they say actually protect the shady sober homes by preventing states from enacting tough regulations.  Paul Van Osdol reports for WTAE.com. Read more:  http://www.wtae.com/article/feds-investigating-pittsburgh-ties-to-fraudulent-drug-rehab-centers-in-florida/18730592

Special session whispers were already circulating about Tallahassee even before the school shooting created the need for an urgent review of gun-related proposals, FloridaWatchdog.org’s John Haughey reports. Gun control push bogs down quickly in Senate GOP-led Senate panel approves gun …