Insurance Company Tied to Patriot National Agrees to be Acquired Ashmere Insurance Co.’s Parent Company, which is majority owned by Patriot National’s Former CEO and majority shareholder Steven Mariano, announced on November 21 that it plans to be acquired by Bedrock …

Florida’s Citizens Property Insurance Corporation’s (“Citizens”) Consumer Services Committee (“Committee”) will convene this Thursday, November 30, 2017, to review various aspects of the State-run insurer’s ongoing response to Hurricane Irma.  The Committee, which has not met since June of this …

Florida Nursing Home Hurricane Deaths Ruled Homicides Authorities say the Deaths of 12 of the 14 Florida Nursing Home Patients who died after Hurricane Irma have been ruled Homicides.  The Sun-Sentinel reports. When Will Floridians Fight Tax Insurance Regulation?  Seems the old proverb about …

Florida opens delinquency proceedings for allegedly insolvent insurer Florida’s Office of Insurance Regulation is asking the state’s chief financial officer to initiate delinquency proceedings against an insurer underwriting workers compensation, claiming the company “is impaired or insolvent” or “is about …

People’s Trust Insurance Sues Dozens Of Its Own Policyholders In Claims Disputes The Deerfield Beach-Based Insurer, opening a new front in the long-running war over Third-Party Claims Assignments, has filed more than 80 Lawsuits against Customers it accuses of failing to …

Court tosses out verdict against tobacco companies A Florida appeals court ordered a new trial involving tobacco companies, THE NEWS SERVICE OF FLORIDA reports via FloridaPolitics.com. Chicken processor settles water pollution suit in Florida The company was cited multiple times …

The Federal Advisory Committee on Insurance (“FACI”) has scheduled its next public meeting on December 6, 2017, during which members will discuss a number of topics, including cyber regulation, the effect of natural catastrophes on the insurance marketplace, and U.S. …

The Florida Building Commission (“Commission”) will be accepting written comments until December 6, 2017 on proposed changes to Florida Building Code amendment procedure, as well as Rules relating to Commission organization and operations. The proposed changes, which would bring the …

House Wades Into Property Insurance Controversy The House Judiciary Committee approved the Proposal (PCB JDC 18-01) to revamp the Insurance Practice known as “Assignment of Benefits.”  The Bill, in part, would seek to curb litigation about Claims and impose new …

Florida Approves Workers’ Comp Rate Decrease of Nearly 10% Florida Insurance Commissioner David Altmaier has issued a Final Order granting Approval to the National Council on Compensation Insurance for a Statewide Overall Rate Level Decrease of 9.5 percent and Premium Level Decrease …