More Than a Dozen Florida Insurers Facing Ratings Downgrades January 9, 2020 By Amy O'Connor The rating agency responsible for assigning financial stability ratings (FSR) to more than 40 Florida domestic insurers has warned that...
Sitte Appointed Government Affairs Director for Florida Office of Insurance Regulation December 5, 2019 Florida Insurance Commissioner David Altmaier has appointed Allison Hess Sitte as Government Affairs director for the Office of Insurance Regulation...
Florida’s New Consumer Advocate Tackles Open Hurricane Michael Claims November 19, 2019 By Amy O'Connor Florida’s new Insurance Consumer Advocate Tasha Carter has been busy since taking office August 1. With more than 12,000 Hurricane...
Regulator Orders Further Decrease to Proposed Florida Workers’ Comp Rates October 25, 2019 By Amy O'Connor Florida businesses can expect an even greater decrease in workers’ compensation insurance next year, thanks to an order by the...
Florida Specialty CEO Disputes State Regulator’s Claims, Says Insurer Not Insolvent October 24, 2019 By Amy O'Connor The head of recently shuttered Florida Specialty Insurance Co. says that claims by Florida’s insurance regulator that the company is...
Florida Officials Say Insurers Not Doing Enough to Settle Hurricane Michael Claims October 17, 2019 By Amy O'Connor It’s been just over a year since Hurricane Michael made landfall in the Florida Panhandle, devastating the region as a...
State Finds Florida Specialty Insurance Insolvent; 90K Homeowners Lose Coverage October 7, 2019 By Amy O'Connor Florida personal lines insurer Florida Specialty Insurance Co. (FSIC) has been ordered into receivership and will be liquidated after state...
NCCI Proposes 5.4% Decrease in Florida Workers’ Comp Rates September 11, 2019 By Amy O'Connor Florida businesses will see another workers’ comp rate decrease next year if the latest filing by the National Council on...
Update: Florida Prepares for Hurricane Dorian; CoreLogic Cites $145B Exposure August 29, 2019 By Amy O'Connor Hurricane Dorian has set its sights on the Southeast coast, with Florida likely to be the state that feels the...
Florida Regulator Calls Open Hurricane Michael Claims ‘Discouraging’; Plans Data Call August 1, 2019 By Amy O'Connor With more than 20,000 claims related to Hurricane Michael still open nine months after the storm hit the Florida Panhandle,...