Category: Insurance Regulatory News
Apr 19, 2018
Another session for public comment is scheduled for April 24, followed by a chance for the representatives from King’s Ranch to rebut and make their closing statements. Melissa Bill reports for the Lehigh Acres Citizen. http://www.lehighacrescitizen.com/page/content.detail/id/542400/Proposed-mining-operation-meets-resistance.html?nav=5095
Apr 19, 2018
The subject business is all from the Citizens coastal account, and consists of both personal and commercial residential property exposures, Artemis.bm reports. http://www.artemis.bm/blog/2018/04/17/citizens-returns-with-200m-everglades-re-ii-2018-1-cat-bond/
Apr 19, 2018
GuideWell Insurance Agency, an exclusive property and casualty agency for Florida Blue health plan members, will offer StormPeace, a new supplemental hurricane policy from Assured Risk Cover that provides coverage of losses and expenses not covered by traditional homeowners insurance. …
Apr 19, 2018
Coral Gables can’t force Florida Power & Light to upgrade infrastructure and trim trees around power lines ahead of hurricane season, but the city can seek monetary damages for the utility’s response to power outages following Hurricane Irma. Kyra Gurney …
Apr 19, 2018
Florida Chief Financial Officer Jimmy Patronis has released a top 10 list of most wanted insurance fraud criminals and called on local communities to help with finding the individuals, Insurance Journal reports. Florida Agency Owner Arrested Over $62K Premium Fraud …
Apr 19, 2018
Suspect admits stealing nearly $62,000 in premiums over 7 years, ClickOrlando.com’s Mike Holfeld reports. Investigators Seek Others Insured by Central Florida Agent https://www.clickorlando.com/news/state-cfo-fraud-strike-team-uncover-central-florida-insurance-scheme
Apr 19, 2018
Dalley admitted he was part of a group of clinic owners, chiropractors and attorneys involved in the scheme. Court records show the fraud involving clinics in Broward, Palm Beach and Miami-Dade counties brought in at least $23 million from 10 …
Apr 19, 2018
Florida’s First District Court of Appeal asked the Florida Supreme Court on Wednesday to clarify whether the high court meant to rule eight years ago that state environmental law doesn’t allow parties to recover personal injury damages arising from toxic …
Apr 19, 2018
Tumbling catastrophe bond prices continue to exert pressure on the wider reinsurance market and are likely to curb rate increases at the upcoming Florida renewal, the Insurance Insider reports. http://www.insuranceinsider.com/-1274352/12
Apr 19, 2018
A new report from the National Employment Law Project Action Fund charges that Florida’s workers got shortchanged by state and federal efforts to provide disaster unemployment assistance following Hurricane Irma last fall. Scott Powers reports for FloridaPolitics.com. http://floridapolitics.com/archives/261643-report-florida-shortchanged-on-hurricane-irma-unemployment-assistance