February is Hit-And-Run Awareness Month! ORLANDO, Fla. – Every February, Florida Highway Patrol shines a spotlight on the problem of hit-and-run accidents. Hit-and-runs are a big problem statewide, and FHP is using this month to bring awareness and educate drivers. “We have seen a dramatic increase in hit-and-runs here in the Central Florida area, especially…
Insurance Journal The insurance industry has an image problem. That is probably not really breaking news to anyone reading this, but it’s an important topic to discuss and one the industry can address and, believe it or not, an issue that can be resolved. The Florida Chamber of Commerce’s 2017 Florida Insurance Summit held in…
Michael Moline – St. Peters Blog A state senator proposing legislation to mitigate flood risk said Friday that lawmakers in Tallahassee don’t fully appreciate the extent of that risk. “I think my colleagues in the Legislature don’t quite understand the gravity of the situation — much like Congress,” said Jeff Brandes, a St. Petersburg Republican. “They…
Recent Florida Supreme Court decisions and ongoing abuse in Florida’s insurance market have led a ratings company to change the criteria it uses when rating insurers in the state. The announcement comes as insurers get ready to announce their 2016 annual reports that could indicate unfavorable results for many. Ohio-based Demotech — which rates 397…
Florida Politics – Michael Moline Insurance Commissioner David Altmaier laid out his office’s solution to the insurance assignment-of-benefits problem to Gov. Rick Scott and the Cabinet Tuesday, and it includes limiting contractors’ ability to recover attorney fees in litigation against insurance companies. Florida’s one-way attorney fee statute is intended to shield policyholders against legal bills if they want to…
Florida Trend TALLAHASSEE, Fla. – Florida’s Chief Financial Officer Jeff Atwater anounced today that following the 2017 Legislative Session he will be accepting the position of Vice President of Strategic Initiatives and Chief Financial Officer of Florida Atlantic University. In this capacity Atwater will lead strategic initiatives and economic development opportunities for FAU as well…
If you missed the Florida Chamber Insurance Summit, February 1-3, 2017, read the news that was generated about rising property insurance rates, PIP, workers comp and so much more. South Florida’s leaky pipe problem poses risk to homeowners insurance By Mary Ellen Klas, and as reported in the Tampa Bay Times Five Things You Need…
TALLAHASSEE — Florida’s no-fault auto insurance system could be nearing the end of its road. Legislation has again been filed to eliminate personal-injury protection coverage and require motorists to carry bodily injury liability coverage. And lawmakers were told last week that personal-injury protection reforms — championed by Gov. Rick Scott and state Chief Financial Officer Jeff…
DAYTONA BEACH – It’s not uncommon for plumbers called in to fix a broken pipe to ask a homeowner to sign an assignment of benefits form before making repairs. Faced with the immediate need, many agree to sign, which transfers the right to file an insurance claim to the plumber. In most cases, there is nothing…
News4Jax – Jim Saunders, News Service of Florida TALLAHASSEE – In a defeat for medical providers, a divided Florida Supreme Court on Thursday sided with Allstate Insurance Company in a dispute about fees paid to care for auto-accident victims. The 4-3 ruling focused on the personal-injury protection insurance system and attempts by Allstate to reimburse…