People’s Trust Insurance Sues Dozens Of Its Own Policyholders In Claims Disputes The Deerfield Beach-Based Insurer, opening a new front in the long-running war over Third-Party Claims Assignments, has filed more...
Court tosses out verdict against tobacco companies A Florida appeals court ordered a new trial involving tobacco companies, THE NEWS SERVICE OF FLORIDA reports via FloridaPolitics.com. Chicken processor settles water...
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...
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,...
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...
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...
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...
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...
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...
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...