Category: Insurance Regulatory News

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 call and bounce back quickly.  FloridaPolitics.com Publisher Peter Schorsch …

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 makes big push for Jacksonville flood mitigation U.S. Representative Al …

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 National Council on Compensation Insurance that its 2018 Rate Filing has been disapproved and, …

House Hurricane Committee Mulls What Went Wrong During, After Irma On Thursday, the House Select Committee on Hurricane Response and Preparedness heard about issues affecting Florida during Irma.  A.G. Gancarski reports. Florida Cities Ranked Most Vulnerable to Coastal Floods Due …

Florida’s cost for deadly hurricane keeps going up The tab for Hurricane Irma keeps rising, and Florida legislators are warning that it could require some tough budget choices for next year.  The Associated Press reports via the Palm Beach Post. …

Florida CFO Voices Concerns to FEMA Over Policy Management Vendor Transition Florida’s Chief Financial Officer Jimmy Patronis is urging the Federal Emergency Management Agency to reconsider an upcoming vendor transition that he says could delay the processing of federal flood …

Florida Insurance Consumer Advocate Sha’Ron James will host the fourth and final Emergency Medical Transportation Working Group meeting on October 31, 2017 in Tallahassee. The Insurance Consumer Advocate formed the 13-member Working Group in October 2016 to study the impact …

Galvano Brings Policy Skills To Top Senate Post Senator Bill Galvano, a 51-year-old lawyer from Bradenton, will be designated Tuesday by Senate Republicans as the next president of the Florida Senate.  THE NEWS SERVICE OF FLORIDA’s Lloyd Dunkelberger reports. ·         …

Florida’s Boomtown That Shouldn’t Exist When Hurricanes aren’t smashing Florida’s Low-Lying Strip Malls and Red-Roof Houses, the State’s machine of inexorable growth is already destroying the natural resources that have helped make that growth so inexorable.  Politico’s Michael Grunwald reports. …

The legal meaning of “liability insurance” and the future of state-based insurance, cybersecurity, health care, and myriad other critical issues are on the line as the National Conference of Insurance Legislators (“NCOIL”) is scheduled to convene its 2017 Annual Meeting …