Special Report: Execs Warn of Impending Florida Market Crisis Over Water Loss Claims May 3, 2016 By Amy O'Connor Abuse of assignment of benefits (AOB) from water loss claims has become a full-blown Florida insurance crisis that will mean...
Updated: Florida Gov, CFO at a Standstill Over Next Insurance Commissioner April 27, 2016 By Amy O'Connor For the second time in a month, Florida Gov. Rick Scott and Chief Financial Officer Jeff Atwater could not reach...
Outgoing Florida Commissioner McCarty Talks How He’s Changed, What’s Next April 22, 2016 By Amy O'Connor Serving in a highly-scrutinized government position like insurance commissioner for any state, let alone one facing such serious catastrophe risks...
Florida Commissioner McCarty Saying Goodbye: ‘It’s Been a Labor of Love’ April 21, 2016 By Amy O'Connor “It’s not for the faint of heart, I can tell you that… Anyone who comes in here and thinks it’s...
Florida Approves Removal of up to 19K Policies from Citizens April 6, 2016 The Florida Office of Insurance Regulation (OIR) has approved the removal of up to 19,535 personal residential policies from Citizens...
Florida Approves Anthem Bid to Acquire Cigna’s Florida-based Affiliates April 5, 2016 The Florida Office of Insurance Regulation (OIR) has issued a Consent Order (see below) approving, with additional requirements, Anthem, Inc.’s...
Florida’s Citizens Pushes Policy Changes to Address Rising Water Loss Claims March 17, 2016 Citizens Property Insurance Corp.’s board of governors has approved a slate of recommendations aimed at reducing the impact of what...
Florida Approves 81,500 Citizens Policies for May 2016 Take-Out March 3, 2016 The Florida Office of Insurance Regulation (OIR) has approved the removal of up to 80,000 personal residential policies and 1,500...
Report: Florida Water Loss Claims up 46 Percent in 5-Year Period March 2, 2016 By Amy O'Connor The frequency and severity of water loss claims in Florida have increased every year since 2010, according to data call...
Kentucky Commish Green Lights Aetna-Humana Acquisition, Florida Approves Deal February 18, 2016 By Amy O'Connor Louisville, Ky.-based Humana has been approved for takeover by Aetna by Kentucky regulators, according to a statement from the Kentucky...