The Florida Building Commission (“Commission”) will be accepting written comments until December 6, 2017 on proposed changes to Florida Building Code amendment procedure, as well as Rules relating to Commission...
Category: Florida News
Capitol to Courthouse Florida Insurance Report – Wednesday, November 15, 2017
House Wades Into Property Insurance Controversy The House Judiciary Committee approved the Proposal (PCB JDC 18-01) to revamp the Insurance Practice known as “Assignment of Benefits.” The Bill, in part,...
Capitol to Courthouse Florida Insurance Report – Tuesday, November 14, 2017
Florida Approves Workers’ Comp Rate Decrease of Nearly 10% Florida Insurance Commissioner David Altmaier has issued a Final Order granting Approval to the National Council on Compensation Insurance for a...
Capitol to Courthouse Florida Insurance Report – Wednesday, November 08, 2017
Heritage takes over policies from troubled Sawgrass Mutual Heritage said it believes the acquisition will increase the company’s operating income and make its book of business more attractive to reinsurers, the...
Capitol to Courthouse Florida Insurance Report – Tuesday, November 07, 2017
Hurricane Irma Claims Reach $5.5 Billion In the eight weeks since Irma rampaged through the State, the estimated Insured Losses from Property Owners now stands at $5.55 Billion, according to an updated Report Monday from the...
Florida Hurricane Catastrophe Fund Posts October 2017 Claims Paying Capacity; Advisory Council To Meet on Reimbursement Contract Rulemaking
Rulemaking is underway for the proposed 2018-2019 Florida Hurricane Catastrophe Fund (“FHCF”) Reimbursement Contract, which is regulated by Rule 19-8.010, F.A.C. In addition to having obsolete material...
Capitol to Courthouse Florida Insurance Report – Monday, November 06, 2017
Lawmakers Foresee “Headwinds” In Passing Major Insurance Legislation Republican Senator Anitere Flores, who represents the Irma-battered Florida Keys, said Friday that Property Insurance will be the...
Capitol to Courthouse Florida Insurance Report – Friday, November 03, 2017
Reinsurance Exec Says Industry Was Prepared For 2017 Disasters Despite a deadly and costly storm season this year, Aon Benfield President Andy Marcell said Thursday Reinsurers were more than prepared to handle the...
Capitol to Courthouse Florida Insurance Report – Thursday, November 02, 2017
Florida homeowners need break from assignment-of-benefits lawsuits The damage from AOB litigation is clear, U.S. Chamber Institute for Legal Reform Executive Vice President Harold Kim explains in the Sun-Sentinel. Al Lawson...
Capitol to Courthouse Florida Insurance Report – Wednesday, November 01, 2017
Florida Office of Insurance Regulation Orders Slightly Larger Workers’ Compensation Insurance Rate Decrease for 2018 Florida Insurance Commissioner David Altmaier issued an Order late yesterday notifying the...