Florida regulators are scrambling to fix a loophole in the state’s new auto no-fault insurance law that could affect medical payments to health care providers and trigger a spate of lawsuits against the law. Florida Gov. Rick Scott last week …
Florida’s governor has signed workers’ compensation legislation streamlining the workers’ compensation certificate process, eliminating mandatory premium audits, and discontinuing refunds for insurers with excess profits. Gov. Rick Scott signed into law HB 941, sponsored by Rep. Doug Holder, which made …
Florida Gov. Rick Scott has chastised state lawmakers for failing to fully consider a controversial plan to use state premium tax credits to help shore-up the state’s homeowners’ reinsurance fund before attaching it to the state budget. Scott used his …
Florida’s decade long attempt to reform the state’s automobile no-fault insurance law has finally paid off. Gov. Rick Scott, flanked by rows of law enforcement officials and state officials, signed into law HB119, a measure that was a centerpiece of …
Florida’s Citizens Property Insurance Corp. has entered the catastrophic bond market in a big way by issuing $750 million in bonds, making it the largest insurance-linked security deal of its kind. Citizens Property Insurance Board Chair Carlos Lacasa declared it …
One Florida insurance agency is protesting a decision by the federal flood insurance program that would stop insurers and agents from offering clients a rebate on agents’ commission to customers who buy flood insurance policies. Jerry Wahl, president of the …
Tennessee Gov. Bill Haslam has signed into law a bill that for the first time would require law enforcement officials to arrest drivers involved in serious automobile accidents who don’t have a valid driver’s license and proof of insurance. Sponsored …
Florida Governor Rick Scott has chastised state lawmakers for failing to fully consider a controversial plan to use state premium tax credits to help shore-up the state’s homeowners’ reinsurance fund before attaching it to the state budget. Scott used his …
North Carolina officials are requiring insurers to expedite the payment of workers’ compensation patients medical and wage-loss benefits or risk being sentenced to jail. The North Carolina Industrial Commission has ordered more than a dozen employers to attend a May …
A bill recently passed by Florida lawmakers could hinder the ability of some communities to participate in the federally funded flood insurance program, federal officials say. The Federal Emergency Management Agency recently wrote a letter to Gov. Rick Scott detailing …
