State road planners on Thursday revealed a spaghetti map of possible routes for the proposed “Coastal Connector” highway project — including one that could bring a new interchange at Interstate 75 in north Marion...
Category: Insurance Regulatory News
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Aon Securities, the investment banking unit of reinsurance broker Aon Benfield, has released its Q1 2018 ILS market update, which notes record catastrophe bond issuance in the period of $3.58 billion, across ten transactions....
The Texas Department of Insurance has posted an informal draft that would amend rules regulating the sale of insurance products that could be misrepresented or misunderstood as substitutes for workers’ compensation...
Money Talks When Getting Teens to Stop Texting While Driving
One scalable way to provide a financial incentive would be to offer teens auto insurance discounts, based on actual driving performance and phone use as measured by in-vehicle devices or smartphone apps, which are becoming...
Climate risk seen hurting Miami home values
Creeping flood waters driven by sea rise have yet to reach the doors of most homes in Miami-Dade, but research shows the looming threat from climate change is already affecting their value. And not in a good way. Alex...
Florida Legislature Will Regret Failing to Tackle AOB Abuse
Without reform, premiums are projected to rise more than 60 percent over the next five years in Broward and Miami-Dade and more than 50 percent in Clay and Duval counties. Ray Lehmann blogs for Insurance Journal....
Apparent sinkholes force Ocala evacuations
They were at least six visible holes of various sizes close to eight townhomes. Some of the holes measured 15 to 25 feet wide. The depths were unknown. At least two of the holes had water in them....
This investment comes following a strategic repositioning of United Auto’s business and a renewed focus by the company on enhancing its leading position in Florida and Texas....
Florida seeks answers on workers’ comp market
The Florida Department of Financial Services announced Wednesday it intends to pay $195,000 to the Workers’ Compensation Research Institute to study how Florida’s workers’ compensation insurance market is performing...