Articles by David Royse

Florida Reviewing Allstate’s Document Release

Allstate has put about 150,000 pages of documents related to its pricing policy on its Web site, but it didn’t appear Monday to satisfy the state, which has suspended the insurance giant’s right to do new business in Florida. State …

Allstate Defends Property Insurance Rate Proposal to Lawmakers

Warming oceans, and the possibility they may bring more hurricanes, have to be considered when setting property insurance rates, Allstate officials told lawmakers Monday, defending themselves against allegations they are gouging consumers. Allstate officials went before the Senate Select Committee …

No-Fault Auto Insurance Requirement Back in Force in Florida Jan. 1

Florida drivers will have personal injury protection coverage added to their policies Jan. 1 as the state returns to a no-fault system after a three month break. Most people won’t have to do anything to comply with the new law. …

Fla. Insurance Consumer Advocate Now to Head Investment Fund

Florida chose an interim director for the agency that invests local government money, hoping to restore confidence in a state fund that saw nearly half its assets withdrawn by investors panicking over mortgage-backed securities. The trustees for The State Board …

Fla. Malpractice Insurance Rates Down Four Years After Limits Imposed

Four years ago, many Florida doctors threatened to quit their practices because their malpractice insurance premiums were spiraling out of control. Some doctors retired early, some moved out of state. A few briefly walked off the job. Others dropped their …

Florida Malpractice Insurance Rates Down 4 Years after Limits

Four years ago, many Florida doctors threatened to quit their practices because their malpractice insurance premiums were spiraling out of control. Some doctors retired early, some moved out of state. A few briefly walked off the job. Others dropped their …

Florida Legislature Passes No-Fault Car Insurance for Jan. 1 Return

Florida drivers, you may want to be a little more careful than usual for the rest of the year. Despite the fact that it caused a lot of late nights and tension for lawmakers and lobbyists this month, most people …

Fla. Governor: Some Insurance Rate Filings Will Likely be Rejected

Despite a Florida law passed in January that officials promised would lower property insurance rates, many companies this week have requested to raise rates. Gov. Charlie Crist said, however, that insurance regulators should reject most rate hike proposals. Insurers faced …

Fla. House, Senate Close in on Pact to Extend No-Fault Car Insurance

Florida legislators reached a general agreement to extend the state’s no-fault car insurance law rather than letting it expire as scheduled on Oct. 1, key members of both chambers said. The requirement that Florida drivers buy personal injury protection insurance …

Florida home insurers, politicians at odds over rate filings

About seven months ago, Gov. Charlie Crist signed legislation he said would lower property insurance premiums. It hasn’t quite turned out that way. State officials had promised rates would drop about 25 percent on average because the new law allows …