Florida Department of Financial Services regulations applicable to surplus lines insurers and agents relating to the collection of taxes are being proposed for repeal, inasmuch as their functions are now governed by the Florida Surplus Lines Service Office. The …

  Debate Heats Up Over Property Insurance Claims With Insurers and Regulators blaming a surge in water-damage claims for higher property-insurance rates, Florida Lawmakers began grappling with a controversial debate that includes Homeowners, Contractors, Insurance Companies and Trial Lawyers.  THE …

  Contractors mount defense of assignment of benefits agreements During a hearing today, the Senate Banking and Insurance Committee heard from defenders of AOB agreements, FloridaPolitics.com’s Michael Moline reports.   Negron will renew push to end insurance industry’s jobs credit …

  The Florida Senate Banking and Insurance Committee convenes today, January 10, 2017, at 10 a.m. (ET).  Senators will hear an overview of various issues facing Florida’s property insurance market from officials at the Florida Office of Insurance Regulation and …

  In a report issued today, January 9, 2017, the U. S. Government Accountability Office (“GAO”) said that the Federal Emergency Management Agency (“FEMA”) has yet to revise its compensation practices for Write-Your-Own (“WYO”) companies to reflect actual expenses as …

  Senate Bill Offers Redress for Hurricane-Damaged Home Florida bore the brunt of Hurricane Matthew last fall. For Homeowners who suffered damage, a particular burden was imposed, via Property Appraisals that fit the period before the storm wrecked their houses.  …

  South Florida Con Artists Turn “Sober Homes” Into Insurance Scam Hundreds of barely regulated Sober Homes have proliferated in Palm Beach and Broward Counties over the past decade.  Many are tied into very lucrative Addiction-Treatment Programs eligible for Medical Insurance …

  During late December 2016, the Federal Insurance Office issued guidance on Stand-Alone Cyber Liability Insurance Policies Under the Terrorism Risk Insurance Program.  To view the guidance document in its entirety on the Federal Register, click here. The guidance pertains …

    Panel seeks changes to Florida’s workers’ comp billing and new drug formulary A state workers’ compensation advisory panel voted Wednesday to ask the Legislature to consider letting regulators establish a drug formulary, Michael Moline reports for FloridaPolitics.com.   …

  FPL Looks to Recoup Hurricane Matthew Costs Florida Power & Light is seeking approval to collect $318.5 million from customers to recoup costs from Hurricane Matthew and to replenish a storm reserve, according to documents filed at the Florida …