Florida Adjusters’ Charges of Doctored Damage Reports Get Wider Spotlight March 13, 2023 By William Rabb Allegations that some insurance carriers have altered field adjusters’ damage estimates has gained more national attention after The Washington Post...
Florida Senate Committee Approves Tort-Reform Bill, but Changes Are Possible March 8, 2023 By William Rabb A Florida bill that aims to further limit injury and insurance litigation and attorney fees passed a state Senate committee...
Florida Bills Offer Broad Attack on Insurance Costs: Legal Fees, AOBs, Reinsurance December 11, 2022 By William Rabb After years of what some insurers have labeled half-measures, Florida lawmakers appear to be on the cusp of delivering “historic”...
Demotech Likely Won’t Rate Any New Florida Insurers, Petrelli Says December 5, 2022 The head of the Demotech insurance rating firm said the company likely won’t take on new clients in Florida, due...
Ahem, Florida Lawmakers: State Insurance Market Badly Needs an Oil Change November 7, 2022 As the Florida Legislature prepares for its 2nd Special Session on property insurance in 2022, it’s time we examine why...
Florida Governor Plans to Call Second Special Session to Tackle Insurance Crisis October 21, 2022 Florida’s besieged property insurance industry is hoping the second time will be the charm, after Gov. Ron DeSantis announced that...
Former Florida Commissioner Warns Officials Not to Shoot the Demotech Messenger September 9, 2022 By Insurance Journal Staff Reports Former Florida Insurance Commissioner Kevin McCarty is criticizing current state regulators over their recent digs at the Demotech financial rating...
Another View on Florida Ratings Flap; and Petrelli Calls Citizens Re Idea ‘Creative’ August 1, 2022 By Scott Johnson The recent brouhaha regarding Demotech and its Financial Stability Ratings (FSRs) of as many as 20 Florida insurers has now...
Florida CFO Wants More Insurance Fraud Investigators, Education Campaign May 16, 2022 By William Rabb Ahead of next week’s special legislative session, Florida’s chief financial officer is asking lawmakers for $6.5 million to fund 23...
Florida Lawmaker Holds Town Hall Meetings on Insurance Crisis November 29, 2021 In a sign that Florida’s property insurance problems continue to be a hot-button issue, a Florida state representative will hold...