Insurance Interests “Look Forward” to New Commissioner

Insurance-related concerns reacted with cautious optimism to Friday’s naming of David Altmaier as Florida’s new Insurance Commissioner. “The Personal Insurance Federation of Florida is committed to working with the new commissioner to increase the health and stability of the property and casualty insurance market in Florida,’’ Executive Director Michael Carlson said in a statement. The…

Personal Insurance Federation of Florida Looks Forward to Working with New Insurance Commissioner

Personal Insurance Federation of Florida Looks Forward to Working with New Insurance Commissioner FOR IMMEDIATE RELEASE TALLAHASSEE, Fla. (April 29, 2016) – The Personal Insurance Federation of Florida (PIFF) said today it looked forward to working with the state’s newly named insurance commissioner, David Altmaier, to improve personal insurance products for all Floridians. “The Personal…

Citizens Takeout Customers to Get Side-By-Side Comparisons

Sun Sentinel Gov. Rick Scott signed a bill requiring state-run Citizens Property Insurance Corp. to provide more information to customers targeted for “takeout” by private companies. Scott vetoed a similar bill last year. The new measure requires Citizens to provide estimates of comparable coverage in the private market and rates available with Citizens to customers…

Citizens Negotiating Managed Repair Program

Sun-Sentinel Posted: 04/19/2016, 01:57pm Citizens Property Insurance Corp. is sharing scant details about the scope of its new managed repair program — a cost-reduction initiative that industry experts figure will be imitated widely throughout Florida’s property insurance industry. The managed repair program is intended to allow state-run Citizens to control the claim from beginning to…