November 3, 2017 By Matt Dixon, Politico TALLAHASSEE — A panel of lawmakers on Friday stressed the need to pass insurance reforms in next year’s legislative session but also lamented that political gridlock is likely to make that very difficult. The three main issues discussed by the members, who were gathered at the…
November 7, 2017 Insurance Journal The Florida Chamber of Commerce brought together regulators, lawmakers, insurance industry executives and other stakeholders last week for the chamber’s annual insurance summit. Through several panel discussions on pressing and emerging issues facing the state’s insurance market, the summit touched on everything from recent cases expected to raise workers’…
Contact: Michael Carlson President, Personal Insurance Federation of Florida PH: (850) 597-7425 michael.carlson@piff.net FOR IMMEDIATE RELEASE PIFF URGES HOUSE TO ADOPT SENSIBLE REFORMS TO FLORIDA “BAD FAITH” LAW TALLAHASSEE, Fla. (Nov. 7, 2017) – The Personal Insurance Federation of Florida (PIFF) today urged members of the House Commerce Committee to pass…
For Immediate Release: October 25, 2017 Contact: Ashley Carr (850) 413–2842 TALLAHASSEE, Fla. – Florida’s Chief Financial Officer Jimmy Patronis today announced that assistance provided to Floridians by insurance specialists working Florida’s insurance consumer helpline (1-877-MY-FL-CFO) led to the recovery of nearly $9.3 million in the third quarter of 2017. Recoveries included insurance…
TALLAHASSEE, Fla. (Oct. 24, 2017) – Legislative meetings about Assignment of Benefits underscored the need for comprehensive reform to end abusive AOB practices that are driving up the cost of property insurance and threatening the affordability of home ownership for many Floridians, the Consumer Protection Coalition said today. Members of the Senate Banking and…
For Immediate Release: October 20, 2017 Contact: Ashley Carr (850) 413-2842 FORT MYERS, Fla. – Chief Financial Officer Jimmy Patronis today announced the arrest of Oscar M. Palma made by the Department of Financial Services’ Disaster Fraud Action Strike Team. Palma, a Fort Myers contractor, was reported to authorities after allegedly making subpar…
PortOrangeObserver.com By: Nichole Osinski, Staff Writer Hurricane Irma not only brought destruction, but according to Florida State Senator Dorothy L. Hukill, it is bringing changes. On Friday, Oct. 20, at the Riverside Pavilion, Hukill discussed the aftermath of the hurricane and new bills that will be filed in the upcoming legislative session. According to Hukill, the most recent…
Assignment of benefit contracts blamed for upending insurance market in Florida Wall Street Journal By Nicole Friedman and Leslie Scism Oct. 23, 2017 7:00 a.m. ET Within hours of a fire at Kelly Laub’s four-bedroom house in New Smyrna Beach, Fla., in June, four contracting companies showed up to offer rebuilding services. Each vendor wanted Ms. Laub…
For Immediate Release: October 12, 2017 Contact: Ashley Carr (850) 413–2842 CFO Patronis Deploys Insurance Experts to the Florida Keys TALLAHASSEE, Fla. – Chief Financial Officer Jimmy Patronis today announced that the Department of Financial Services is sending insurance specialists to the Florida Keys to assist with the handling of Hurricane Irma…
By Troy Kinsey, Capitol Bureau Reporter Last Updated: Wednesday, September 20, 2017, 7:11 PM EDT TALLAHASSEE — As a potentially long and arduous insurance claims process begins for hundreds of thousands of Floridians with property damaged by Hurricane Irma, consumer advocates are warning homeowners against allowing contractors to handle their claims through a relatively obscure process known as assignment of…