Florida Regulators Approve Rate Increase for Citizens Policyholders The Florida Office of Insurance Regulation approved a 6.4 percent overall Rate Increase for 2017 for Citizens Property Insurance Corp....
Negron Upends Senate Appropriations Committee Staff in Effort to Cushion Any “Loyalty Gaps” Fresh off a bitter two-year fight to become Senate President, Senator Joe Negron, R-Stuart, is...
Heritage Proposes 15 Percent Rate Increase in Most of South Florida Heritage, the third-largest Insurer in the Tri-County Region with 96,139 Personal Residential Policies at the end of March, this month filed for...
The Florida Office of Insurance Regulation advised today, September 14, 2016, that it has released an actuarial study written by Pinnacle Actuarial Resources, Inc. (“Pinnacle”) that estimates the effect of...
Post-Hurricane Recovery Florida Best Practices Task Force Created Citizens for Responsible Spending Chairman Barney Bishop III today Tuesday the creation of the Post-Hurricane Recovery Best Practices Task Force,...
Florida’s First Hurricane in 11 Years “Could Have Been a Lot Worse” for Insurers While Preliminary Damage Estimates and Claims are still trickling in from Hurricane Hermine, Florida’s first...
Florida Reports Success in Invasive Snail Eradication Effort The snails eat over 500 kinds of plants as well as plaster and stucco. They also can carry parasites that can cause meningitis in humans. The...
Hermine: Losses Seen Up To $500M, Could Have Been Worse, Insurers Say An early Estimate puts losses approaching $500 Million for the first Hurricane to make landfall in Florida in more than a decade, but Hermine...
The Florida Office of Insurance Regulation (“OIR”) and the Department of Financial Services (“DFS”) advised today, September 8, 2016, that they have been made aware of a scam involving the...
In a Bulletin issued September 7, 2016, the Florida Hurricane Catastrophe Fund advised Participating Insurers on reporting requirements in the wake of Hurricane Hermine. To view the complete Bulletin, click here....