State Rep. Bill Hager and Jeffrey Bragg, who ran a federal terrorism risk insurance program, have made the short list to become Florida’s next insurance commissioner. The two, and maybe others, are expected to be interviewed — before one is possibly offered the job — by Gov. Rick Scott and state Cabinet members Tuesday. Meanwhile,…
03.16.16_Citizens Board approves recommendations to stem water losses
Personal Insurance Federation of Florida (PIFF) Laments Demise of Transportation Network Companies Legislation
Personal Insurance Federation of Florida Decries Demise of Legislation to Curb Assignment of Benefits (AOB) Abuse
A national consumer group calls it a “bad idea,” but Florida legislators just passed a law that lets insurers sets rates in a territory as small as a single ZIP code. HB 659 passed Thursday in the Florida Senate by a 34-5 vote. After a 111-5 vote in the House, it goes to the governor.…
Florida’s property insurance policyholders face paying higher rates due to the Legislature’s failure this legislative session to pass meaningful reforms to rein in fraud and abuse involving Assignment of Benefits (AOB). For the fourth straight year, legislators heard testimony about a rapidly growing scam in which shady home repair vendors pressure homeowners to sign away…
The first property insurance company that responded to Florida legislators’ 2013 call for more private flood solutions says it’s created another first. Homeowners Choice Property & Casualty has built what it says is Florida’s first regulated insurance company licensed solely for flood insurance. The website for the new company, called TypTap, went live on March…
TALLAHASSEE, Fla. – Uber has gone nuclear. That’s what Tallahassee insiders are saying after the ride-sharing giant launched attack ads claiming Senate President Andy Gardiner is blocking a bill that would stop Orlando from forcing Uber to charge its customers as much as taxis do. The aggressive tactics come after a bill by Rep. Matt Gaetz to strip…
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 Charles Elmore – Palm Beach Post Staff Writer Hurricanes may have swerved away since 2005, but Florida’s homeowners still are taking direct hits on the wallet. Floridians pay the nation’s most expensive home insurance premiums, averaging $2,115, up from $2,084 a year earlier, statistics released Wednesday show. “The annual premium increases are not justified,”…