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News & Resources

Comment Period Opens on Proposed 2018-2019 Florida Hurricane Catastrophe Fund Insurer Reporting Requirements and Responsibilities Rule

December 18, 2017
Category Florida Hurricane Catastrophe Fund

The time window to submit written comments opened today, December 18, 2017, on the Florida Hurricane Catastrophe Fund’s (“FHCF’s”) Insurer Reporting Requirements and Responsibilities proposed Rule...

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Capitol to Courthouse Florida Insurance Report – Monday, December 18, 2017

December 17, 2017
Category Florida and Insurance News

Keys Metal Roof Proposal Meets More Resistance A move to require Metal Roofs for Homes and Businesses needing a new roof after Hurricane Irma damage ran into more headwinds at Wednesday’s Meeting of the Monroe County...

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U.S. House Financial Services Committee Approves International Insurance Standards Act of 2017

December 15, 2017
Category U.S. Congress

Approved by the U.S. House Financial Services Committee on December 13, 2017 in a 56 to 4 vote, H.R. 4537, also known as the “International Insurance Standards Act of 2017,“ must now proceed to the U.S. House...

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Florida Commission on Hurricane Loss Projection Methodology Publishes Flood Standards Report of Activities as of November 1, 2017

December 15, 2017
Category Florida Commission on Hurricane Loss Projection Methodology

The Florida Commission on Hurricane Loss Projection Methodology (“FCHLPM”) has officially published its Flood Standards Report of Activities as of November 1, 2017.  The report documents the FCHLPM’s...

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Capitol to Courthouse Florida Insurance Report – Friday, December 15, 2017

December 15, 2017
Category Florida and Insurance News

Florida’s Citizens Property Insurance Plans For (Slightly) Harder Reinsurance Market in 2018 Florida Citizens aims to buy $1.45 Billion of Risk Transfer and Reinsurance for 2018, up from the $1.33 Billion purchased in...

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Capitol to Courthouse Florida Insurance Report – Thursday, December 14, 2017

December 14, 2017
Category Florida and Insurance News

Florida’s Disposable Workers: Companies Profit From Undocumented Laborers, Dump Them After Injuries A 37-year-old Father whose dominant hand remains damaged, thought he could rely on Florida’s Workers’...

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Florida’s Citizens Property Insurance Board Gets Hurricane Irma Update; Welcomes New Board Members

December 13, 2017
Category Citizens Property Insurance Corporation

Kicking off an extensive agenda, today, December 13, 2017, Florida’s Citizens Property Insurance Corporation’s (“Citizens”) President and CEO Barry Gilway reported that the State-run insurer ” ....

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Capitol to Courthouse Florida Insurance Report – Wednesday, December 13, 2017

December 13, 2017
Category Florida and Insurance News

Insurer Citizens expects to get bigger after Irma After Hurricane Irma stung property insurers for $6.3 billion in claims and counting, Florida’s state-run and second-largestcarrier expects to add customers in...

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Capitol to Courthouse Florida Insurance Report – Thursday, December 07, 2017

December 7, 2017
Category Florida and Insurance News

Citizens Insurance Customer?  There’s a Change in Your Rate Change Customers who get wind-only coverage from Citizens could fare a little better, with an approved increase just under 1 percent.  The Palm Beach...

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Reinsurance Could be Housing Finance Reform Tool, U.S. House Insurance Subcommittee Chairman Says

December 6, 2017
Category U.S. Congress

The introduction of private capital and the development of a credit risk transfer mechanism could help the Federal Housing Finance Agency more effectively manage the taxpayer risk from its portfolio of first-time homebuyers,...

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