WTXL: Insurance companies remind customers to check coverage during hurricane season
“Insurance companies remind customers to check coverage during hurricane season“ WTXL, June 6, 2018
Don’t Accept Bad Repeal of PIP
Sunshine State News February 28, 2018 – 12:15pm Michael Carlson Florida’s Motor Vehicle No-Fault Law, commonly known as “PIP,” is under attack in the Florida Legislature. The outcome — if trial lawyers succeed — will be increased insurance rates in 60 of 67 counties in Florida. They are trying to repeal PIP in favor of…
Commentary: Flawed repeal of PIP would raise cost and reduce choice for auto insurance
Orlando Sentinel Michael Carlson, Guest Columnist February 6, 2018 Florida’s Motor Vehicle No-Fault Law, commonly known as PIP, after the personal injury protection insurance required by the law, is under attack in the Florida Legislature. Trial lawyers – those who benefit from lawsuits and attorney fees – are making a push for repeal of this…
Senators lash out at insurance industry during hearing on AOB reform
Florida Politics Michael Moline, February 6, 2018 The Senate Judiciary Committee on Tuesday stripped assignment of benefits legislation of an attorney-fee provision despised by the insurance industry. But that didn’t satisfy industry objections to the overall bill. And that really annoyed a couple of key senators. An amendment to CS/SB 1168 by Judiciary Committee chairman…
Insurance industry’s Michael Carlson: We hope PIP-repeal study ‘will kill the bill’
Florida Politics Michael Moline, February 6, 2018 A Property Casualty Insurers Association of America study made a splash last week in Tallahassee by suggesting repeal of Florida’s no-fault auto insurance system would produce significant increases in motorists’ premiums. The findings contrast those of a similar study last year by Pinnacle Actuarial Resources, which estimated repeal…
Florida’s Legal Tourism: Judges and politicians turn the state into a plaintiff-lawyer paradise
The Wall Street Journal By The Editorial Board Dec. 15, 2017 7:07 p.m. ET Florida has attracted high earners and businesses with its zero income tax, but as night follows day the state has also become a paradise for plaintiff attorneys. That’s the dispiriting news from the American Tort Reform Association’s annual survey of state…
Editorial: Still waiting for flood insurance fix
Tampa Bay Times Editorial: Still waiting for flood insurance fix Published: December 5, 2017 Updated: December 6, 2017 at 04:57 PM It has been 1,979 days since all heck broke loose in the flood insurance industry. Apparently, that just wasn’t enough time for Washington to react. So with the National Flood Insurance Program set to…
Approval of rate increases for Citizens insurance customers underscores need for Assignment of Benefits (AOB) reform
Approval of rate increases for Citizens insurance customers underscores need for Assignment of Benefits (AOB) reform TALLAHASSEE (Dec. 7, 2017) – This week’s approval of rate increases for policyholders in Citizens Property Insurance Corp. shows that Assignment of Benefits abuse is having a direct pocketbook impact on Florida families and is another clear indication that…
Rick Scott blocks insurance premium hikes, cancellations during Irma recovery
Michael Moline Florida Politics September 13, 2017 Gov. Rick Scott has ordered a three-month freeze on insurance rate increases for homeowners struggling to recover from Hurricane Irma — plus a three-month grace period for policyholders who received non-renewal or cancellation notices just before the storm hit. “Due to the devastating effects of Hurricane Irma, Floridians should be…
Florida Domestic Insurer Sawgrass Mutual to ‘Wind Down’ Operations
Insurance Journal, Amy O’Connor August 23, 2017 Just a day after being downgraded by ratings agency Demotech, Florida-based insurer Sawgrass Mutual Insurance Company has revealed it is under administrative supervision by the Florida Office of Insurance Regulation. According to an amended consent order for administrative supervision dated Aug. 22, 2017, Sawgrass notified OIR of a…