In a press release issued last Friday, September 23, 2016, the Council of Insurance Agents & Brokers (“CIAB” or “Council”) applauded H.R. 6159, which was introduced the same day by U.S. Representatives John Larson and Ed Royce.  The CIAB …

  Comments on the Florida Hurricane Catastrophe Fund’s proposed 2017-2018 Reimbursement Contract will be accepted until October 21, 2016.   The corresponding Rule, 19-8.010, is in process of being amended by Florida’s State Board of Administration to implement Section 215.555, F.S.  …

  Federal Insurance Office Director Michael McRaith and Tennessee Insurance Commissioner and National Association of Insurance Commissioners Vice President Julie Mix McPeak will be on the witness panel for the U.S. House Financial Services Subcommittee on Housing and Insurance hearing …

  After 3-Week Delay Telling Public About Contaminated Sinkhole, Governor Rick Scott Wants Faster Notice For three weeks, Florida Department of Environmental Protection Officials kept mum about a Phosphate Mine’s 300-Foot-Deep Sinkhole that dumped 215 million gallons of Contaminated Water into the …

  Private insurers’ takeout offers could be more readily accepted after implementation of Florida’s Citizens Property Insurance Corporation’s (“Citizens”) “Depopulation Enhancements for Policyholder Choice” Program (“Program”), which will be reviewed at Citizens’ Market Accountability Advisory Committee meeting tomorrow, September 27, …

  Stand Your Ground insurance? It is Florida, After All Why should we be surprised at this latest Insanity about Florida, Guns and The American Way?  The Tampa Bay Times’ Sue Carlton wonders.   West Palm’s Flood Rule:  New Homes …

  The Florida Property Casualty Association (“FPCA”) reported today, September 23, 2016, that the Florida Department of Financial Services (“DFS”) has published a new proposed draft of the public adjuster-related “Prompt Notice Rule,” Rule 69B-220.051, entitled “Conduct of Public Adjusters …

  Monitoring the regulatory treatment and transparency of captive reinsurers and their transactions should be a continued focus by state insurance regulators, the Financial Stability Oversight Council said in its 2016 Annual Report released yesterday, September 22.   To view the …

  Governor Scott Defends Environmental Agency’s Handling of Sinkhole Water Spill Florida Governor Rick Scott on Thursday came to the defense of the Florida Department of Environmental Protection over its handling of a spill of 215 million gallons of Contaminated …

  Water damage property loss trends have far from stabilized in Florida, it was reported at Citizens Property Insurance Corporation’s (“Citizens”) Consumer Services Committee (“Committee”) meeting this week on September 15, 2016.   Collectively for all carriers, overall claims-related lawsuits …