Commentary: It’s Time to Reform the Florida Cat Fund, Give Consumers Rate Relief February 5, 2020 By Jay Neal Floridians currently pay the highest homeowner’s insurance rates in the nation, and no one should be surprised by this. Florida...
Report Shows Florida AOB Abuse Worsening as Lawmakers Consider Reforms January 17, 2018 By Amy O'Connor The 2018 Florida Legislative Session is underway, and lawmakers have wasted no time taking up legislation to address the assignment...
Florida Regulators Set Date for Citizens Public Rate Hearing August 15, 2017 The Florida Office of Insurance Regulation (OIR) announced it will conduct a rate hearing on Aug. 31, 2017 to receive...
Florida Insurers Place All Options on Table to Address AOB Abuse July 19, 2017 By Amy O'Connor Florida’s home insurers hope the public doesn’t blame them as they implement rate increases, initiate coverage changes and nonrenew policies....
Florida’s Citizens Approves Policy Changes, 5.3% Statewide Rate Increase for 2018 June 21, 2017 Homeowners in South Florida, as well as in many other parts of the state, should expect additional rate increases next...
Florida Lawmakers Once Again Fail to Pass AOB Claims Reform May 9, 2017 By Amy O'Connor Florida lawmakers have once again let slip an opportunity to address insurance claims abuse, as legislation failed to make it...
Florida House Advances Bill Targeting Claims Abuse, But Senate Battle Looms April 27, 2017 By Amy O'Connor A bill aimed at decreasing insurance claims abuse in Florida has made it through the Florida House, and the industry’s...
Citizens Posts Net Loss of $27M for 2016; Says Water Losses, AOB Abuse to Blame March 29, 2017 Citizens Property Insurance Corp. will post a net loss for 2016, its first loss in more than a decade, as...
Florida’s AOB Abuse by the Numbers: ‘Alarming Trend’ Reaches Crisis Point February 9, 2017 By Amy O'Connor Assignment of benefits abuse has escalated over the last five years to the point where it is now a serious...
Top Florida Stories of 2016: The AOB ‘Insurance Crisis’ December 13, 2016 By Amy O'Connor Assignment of benefits abuse has become such a well-known problem in the state of Florida this year that it now...