From 2011-2017, McRaith served in the Obama Administration’s Treasury Department as the director of the first federal office focused on national and global insurance matters, Insurance Journal reports....
The recent revision to the Federal Tax Schedule for 2018 reduced the corporate tax rate from 35 percent to 21 percent. As a result some insurers, whose rates were based on the 35 percent corporate tax rate, may now be...
Texas Moves to Liquidate Non-Standard Auto Insurer
March 20, 2018
Access Insurance Co. is primarily a provider of non-standard auto insurance and is licensed in 22 states, including the four states in the South Central region — Arkansas, Louisiana, Oklahoma and Texas, Insurance Journal...
Florida upped its score—achieving the top ranking in this year’s annual Insurance Institute for Business and Home Safety “Rating the States” report, but with a strong codicil from the organization.
Florida Peninsula Insurance Holds Sarasota Grand Opening
March 19, 2018
Florida Peninsula Insurance, one of the largest home insurance firms in Florida, has opened a new underwriting and operations center at 101 Paramount Drive, Suite 250, Sarasota, where it will consolidate a team of 16...
What precisely caused the bridge to crumple remains very much an open question, independent experts say. Mary Ellen Klas, Andres Viglucci and David Ovalle report for the Tampa Bay Times....
The budget (HB 5001) is the largest in Florida history but it also contains one of the smallest packages of tax cuts in years (HB 7087), valued at about $171 million. Mary Ellen Klas, Emily L. Mahoney and Elizabeth...
Scott’s decision was surprising since last year he vetoed more than $37 million in payments that legislators had approved for homeowners in Broward and Lee counties, WPLG.com reports...
Joe Negron reflects on past, looks to future
March 19, 2018
In a brief exit interview last week with Jim Rosica of FloridaPolitics.com, outgoing Senate President Joe Negron said lawmakers over the last two Sessions “made tremendous progress” on goals he set out in his 2015...
A report being released on Monday shows Florida isn’t alone in easing up on building regulations even as the effects of global warming escalate. Bloomberg’s Christopher Flavelle reports via Insurance Journal....