May 31, 2016
Florida businesses could soon be paying almost 20 percent more for workers’ compensation coverage. In response to a recent decision from the Florida Supreme Court, the National Council on Compensation Insurance (NCCI) filed a 17.1 percent rate increase with the …
April 29, 2016
The Florida Supreme Court’s ruling that the state’s current attorney fee limits are unconstitutional will have serious ramifications on the workers’ compensation market in the state, according to Florida Insurance Commissioner Kevin McCarty and other workers’ compensation experts. Those ramifications …
April 27, 2016
For the second time in a month, Florida Gov. Rick Scott and Chief Financial Officer Jeff Atwater could not reach an agreement over who will become the next insurance commissioner for the state. At the April 26 Florida Cabinet Meeting, …
April 22, 2016
Serving in a highly-scrutinized government position like insurance commissioner for any state, let alone one facing such serious catastrophe risks as Florida, certainly has its challenges. Outgoing Florida Insurance Commissioner Kevin McCarty says during his nearly 13-year tenure he’s tried …
April 22, 2016
The Florida Cabinet will interview two new candidates for the soon-to-be-open Florida insurance commissioner post at its April 26 meeting, in addition to the two candidates interviewed last month. In the meantime, current Florida Insurance Commissioner Kevin McCarty notified the …
April 21, 2016
“It’s not for the faint of heart, I can tell you that… Anyone who comes in here and thinks it’s an easy job really does not have any idea what they’re getting into. But it’s been a joy… It’s been …
April 15, 2016
The Florida Surplus Lines Office (FLSLO) has announced that Florida has made the decision to withdraw from the Nonadmitted Insurance Multi-State Agreement (NIMA), effective June 1, 2016. The decision marks the second state to leave the Agreement, with Louisiana previously …
March 29, 2016
Florida Gov. Rick Scott made it known Tuesday that his choice for the next Florida insurance commissioner would not be State Representative Bill Hager. “I won’t second it,” was Scott’s quick response to Chief Financial Officer Jeff Atwater’s motion to …
March 25, 2016
For the first time in 13 years, Florida is preparing to appoint a new insurance commissioner. The pool of 55 candidates has been whittled down to just two. Per recommendation of the Florida Cabinet, Jeffrey Bragg and Florida State Rep. …
February 17, 2016
The Federal Emergency Management Agency (FEMA) has responded to Florida’s request to review the National Flood Insurance Program (NFIP) rates but it may not be as forthcoming and helpful as Florida officials had hoped. In a letter dated Dec. 29, …