A Hurricane Andrew Repeat Would Cost $56 Billion In The US If Hurricane Andrew were to recur today the expected total industry insured losses, based on today’s exposures, would be approximately $56 Billion in the US.  The Intelligent Insurer …

  In preparation for fast-approaching Interim Committee Weeks and the start of the 2018 Legislative Session, Florida House Speaker Richard Corcoran advised on his Chamber’s deadlines, schedules, new committee and subcommittee assignments A roster of House 2018 Committee assignments by …

  David Altmaier Focuses On “Assignment Of Benefits” Changes Florida Insurance Commissioner David Altmaier told Governor Rick Scott and the State Cabinet this week that his Office will continue to push Lawmakers during the 2018 Legislative Session to address an …

  Citizens’ Change OK’d, Leaving Insured With Tough Choices A water pipe breaks inside a wall of your house while you are at work, if you’re a Customer of Citizens Property Insurance Corp., you will soon face Two Choices.  The …

  Florida Insurance Commissioner David Altmaier announced today, August 16, 2017, that the Florida Office of Insurance Regulation has approved a form filing by Citizens Property Insurance Corporation to limit the accidental discharge and seepage of water damage claims to …

  Assignment of Benefits reform was the sole 2018 goal listed by Florida Insurance Commissioner David Altmaier when he presented his legislative agenda, along with an analysis of new Florida Office of Insurance Regulation (“OIR”) performance measures to the Florida …

  Senator Lee Files Personal Injury Protection Repeal Bill The Proposed Legislation Repeals Florida’s Motor Vehicle No-Fault Law and establishes a Mandate for Bodily Injury and Medical Payments Coverages. Floridians would be required to purchase Bodily Injury Liability Coverage at …

  Senator Anitere Flores will once again chair the Florida Senate Committee on Banking and Insurance, Senate President Joe Negron announced today, August 15, 2017. During the 2017 Legislative Session, Senator Flores had sponsored SB 378, which would have repealed …

  People’s Trust Insurance To Start Checking Customers’ Credit Deerfield Beach-Based People’s Trust Insurance Co. plans to start running Credit Checks on New and Renewing Customers.  The Sun-Sentinel’s Ron Hurtibise reports.   State Holds August 23 Hearing To Consider Florida …

  Florida’s Citizens Property Insurance Corporation (“Citizens”) has requested statewide average rate changes for its business in the Coastal Account (“CA”), Commercial Lines Account (“CLA”), and Personal Lines Account (“PLA”).  The proposed rates were approved by Citizens’ Board of Governors …