Palm Beach Post – Charles Elmore Florida drivers pay among the nation’s highest insurance premiums for relatively low coverage amounts, a state Senate panel heard Tuesday as discussion begins on whether to end the state’s no-fault system after four decades. “Florida has the fifth highest auto premiums in the country despite its mandatory limits being…
Michael Moline – Florida Politics The chairwoman of the Senate Banking & Insurance Committee foresees changes to Florida’s personal-injury protection, or PIP, mandate for auto insurance, but wants assurances reform will reduce premium costs. “I think that this is an issue that you will see some legislation that will come before this committee at a…
Brandon Larrabee, News Service of Florida, Daily Business Review House Speaker Richard Corcoran called for the business community to rally around his push for changes to Florida’s judiciary, saying failure to do so could make the Legislature’s efforts to pass pro-business legislation futile. Zeroing in specifically on a looming debate over how to respond to…
By JIM TURNER AND DARA KAM THE NEWS SERVICE OF FLORIDA THE CAPITAL, TALLAHASSEE, March 1, 2016………. The Senate has scuttled efforts to reach a compromise on a heavily lobbied proposal involving app-based transportation services, an official from the ride-sharing service Uber said Tuesday. But Senate leaders said they’re still working to advance legislation, as…
BY CARLOS LOPEZ-CANTERA Florida has taken some tough hits when it comes to major storms and bad weather in the past. Thankfully, it has been over 10 years since a major storm has hit the state. However, it is concerning that Florida homeowners are facing the highest home insurance rates in the country and still…
BY JIM TURNER The News Service of Florida Published: February 24, 2016 TALLAHASSEE — A new effort is underway in the Florida Senate to further regulate a controversial practice that property insurers say is leading to rate increases. The Senate General Government Appropriations Subcommittee on Wednesday unanimously approved a proposal (SB 1248) dealing with the…
Palm Beach Post A lane may be opening in the Florida Senate for a potential compromise on a heavily lobbied proposal involving app-based transportation services such as Uber and Lyft. The Senate and House have taken different positions on the issue, with Senate leaders focused on adding insurance requirements for drivers and the House approving…
TALLAHASSEE — With time starting to run out on an insurance-industry priority, Lt. Gov. Carlos Lopez-Cantera is urging House and Senate leaders to take action on a controversial practice known as “assignment of benefits.” In a memo Thursday to House Speaker Steve Crisafulli and Senate President Andy Gardiner, Lopez-Cantera said assignment-of-benefits “abuse” has led to…
2.18.2016 Lt. Governor Lopez Cantera Letter
The Senate Judiciary Committee on Tuesday postponed a vote on a measure that would regulate homeowners’ ability to sign over their right to collect insurance benefits to third parties. Logan McFaddin, state government relations manager for the Property Casualty Insurers Association of America (PCI), issued this statement: “Assignment of Benefits (AOB) abuse is a critical…