Florida Bill Would Limit AI in Claims Denials, Extend Bar on Execs, Raise Surplus Levels March 19, 2025 By Insurance Journal Staff Reports After years of rising insurance premiums, anger from homeowners, and recent reports about some property insurance carriers’ alleged diverting of...
Florida OIR Wants More Data, Warns Insurers About Concurrent Causation Denials February 24, 2025 By William Rabb As consumer complaints have apparently mounted over unpaid hurricane losses, Florida’s top insurance regulator and some lawmakers are signaling new...
Florida Condo Sales Reach 10-Year Low as Median Price Dips, Report Shows January 28, 2025 Florida condominium sales last year reached their lowest point in almost a decade, according to a Florida Realtors report. It’s...
Don’t Touch Fla. Reforms, Panelists Implore, but Maybe Tax Breaks for Elevated Homes December 6, 2024 By William Rabb Regulators, insurance companies and attorneys at the Florida Chamber of Commerce Annual Insurance Summit this week sent a clear message...
Florida Citizens Policy Count Dips Below 1 Million for First Time in Two Years December 5, 2024 Florida’s Citizens Property Insurance Corp. has dropped below 1 million policies in force for the first time since July 2022,...
Florida Regulators Demand Data From Weiss Ratings After Recent Reports on Insurers November 22, 2024 Weiss Ratings, a Palm Beach Gardens financial ratings firm, sparked some outrage from the Florida insurance industry in recent weeks...
New Florida Legislative Leaders Talk Tough on Property Insurance, But No Specific Plans November 20, 2024 Florida’s newest legislative leaders on Tuesday rattled some sabers about property insurance rates and claims but offered no agenda for...
‘Board Certified’ Could Soon Be an Advertising Thing for Florida Insurance Lawyers November 7, 2024 By William Rabb By this time next year, plaintiffs lawyers, who have frequently been held up as thorns in the side of the...
Point: The Game-Changing Impact of Florida’s New Rule on Public Adjusters October 21, 2024 By Lisa Miller The issuance of Florida’s Emergency Rule 69BER24-4, in response to hurricanes like Milton, represents a significant shift in regulating public...
Update: Florida CFO Bars Insurers From Altering Adjusters’ Reports Without Explanation October 10, 2024 By William Rabb Almost two years after a group of independent claims adjusters alleged that insurers had deceptively altered their damage estimates and...