Dec 15, 2011
The following article was published in the Lakeland Ledger on December 15, 2011: Property Insurance Crisis: Funding vs. Exposure Florida’s property-insurance crisis can be summed up in two words: Underfunded. Overexposed. “The current insurance system puts taxpayers on the hook …
Dec 15, 2011
The following article was published in The Sunshine State News on December 15, 2011: Citizens proposed $1.5 billion, 7 percent cut to storm risk exposure By Jim Turner Florida’s supposed “insurer of last resort” has moved to shave 7 percent …
Dec 15, 2011
The following article was published in the St. Augustine Record on December 15, 2011: Citizens Board Approves Proposals for Depopulating By Brent Kallestad The board overseeing the state’s largest insurer of homes and businesses on Wednesday recommended several proposals aimed …
Dec 15, 2011
Florida Governor Rick Scott issued a letter to Florida School Superintendents yesterday, December 14, 2011, about his 2012-13 State Budget recommendations. As explained by the Governor, Florida faces significant education funding challenges this budget year, inasmuch as it gained …
Dec 15, 2011
To go directly to the section of your choice, click on a hyperlink below. Other hyperlinks to meeting information, bills and news are noted in bold type. Daily Florida Insurance-Related Events Daily Insurance-Related News Daily Florida …
Dec 15, 2011
Florida Insurance Consumer Advocate Robin Smith Westcott presented the final report from her Personal Injury Protection (“PIP”) Working Group (“Working Group”) to the Florida House and Senate leadership today, December 15, 2011. This past fall, Ms. Westcott had assembled …
Dec 15, 2011
December 15, 2011: Florida Surplus Lines Service Office meeting. A meeting of either the FSLSO Board of Governors or National Clearinghouse Committee is scheduled to occur. To view the meeting notice, click here.
Dec 14, 2011
Condominium owners whose units are located in buildings where more than 25 percent of the units are short-term rentals could face significant insurance rate hikes under a proposal being considered by Citizens Property Insurance Corporation (“Citizens”) Board of Governors …
Dec 14, 2011
During its meeting today, December 14, 2011, Citizens Property Insurance Corporation’s Board of Governors approved a legislative package designed to help the State-run insurer reduce its exposure. THE NEWS SERVICE OF FLORIDA report is reprinted below. A full report on …
Dec 14, 2011
The following article was published in The Florida Current on December 14, 2011: Citizens to start changes to reduce policy count By Gray Rohrer The Citizens Property Insurance Corp. Board of Governors voted Wednesday to begin implementing changes in their …