Florida Lawmakers Focus on Flood Insurance

Florida representatives are turning their attention to flood insurance with a new bill and a proposition to extend a 2014 law. Rep. Patrick Murphy (D-Fla.) and Rep. Carlos Curbelo (R-Fla.) are calling for an extension of the Homeowner Flood Insurance Affordability Act, signed by President Barack Obama on March 21, 2014, which limited yearly flood…

Florida Homeowner Insurers Deluged by Assignment of Benefit Lawsuits

Although hurricane season has yet to cause havoc this year, 2015 has already been a brutal year for insurance companies which provide homeowners’ coverage in Florida. The problem for property insurers? No one is willing to take a firm position against the surge of Assignment of Benefits (AOB) lawsuits, which are proliferating to the point…

Florida Government Gets Credit for Being Mostly Democratic

Florida’s democracy is pretty, well…democratic. At least compared to other states.  That’s according to a new report out this month from the left-leaning Center for American Progress Action Fund. The study looked at access to voting, representation in state government and the extent to which outside influencers can shape policy. Overall, Florida ranked 11th nationally, the…

Citizens’ Board OKs Proposed 2016 Rates

Citizens Property Insurance Corp.’s board of governors on Wednesday approved a 2016 rate package that lowers rates for nearly half of Citizens’ personal lines policyholders while addressing increased water loss claims and inadequate rates for its remaining policyholders along the coast. By a unanimous vote, the board approved an overall rate increase of 3.2 percent…

Court Sides with Contractors in Insurance Battle

Wading into a high-profile issue in the insurance industry, a South Florida appeals court Wednesday sided with contractors who do emergency repair work for homeowners and pursue payments from insurance companies. The controversial issue centers on a practice known as “assignment of benefits,” which involves homeowners signing over insurance-policy benefits to contractors who do work…

Andy Gardiner Readies Senate GOP for Campaign Season

TALLAHASSEE — Florida Senate President Andy Gardiner is rallying his troops as the legislative session ends and campaign season begins. In an email sent to his Republican members Monday, Gardiner said Majority Leader Bill Galvano will be in charge of overseeing the Florida Republican Senatorial Campaign Committee, which raises campaign cash and coordinates Republican state…