The move by one Florida county to crack down on auto insurance fraud by targeting staged accidents and regulating clinics is being seen as a roadmap for state officials looking to reform the state’s no-fault auto insurance law. Gov. Rick …
Florida homeowners who insure their homes through the state-run property insurer, Citizens, will have less coverage available next year. Citizens Property Insurance Corp., in a message to agents, said it will no longer provide coverage for most structures beyond the …
Employers in Florida will be paying more for workers’ compensation next year following the state insurance chief’s approval of an 8.9 percent statewide average rate hike. Florida Insurance Commissioner Kevin McCarty said that he will approve the 8.9 percent rate …
In an effort to lower workers’ compensation costs, Florida lawmakers are proposing to limit the amount physicians can charge for providing patients with prescription drugs. State Sen. Alan Hays (R-Umatilla) and Rep. Matt Hudson (R-Naples) filed joint bills calling for …
Check cashing companies in Florida may be saddled with new regulations for their role in facilitating workers’ compensation fraud in the construction industry. Among other things, check cashing companies may have to submit any transactions above $1,000 to a statewide …
Florida’s automobile no-fault law is in severe need of reform, but the cost of doing so may be more than the benefit, according to the state’s insurance consumer advocate. Speaking before Florida’s Cabinet, Insurance Consumer Advocate Robin Westcott told state …
Florida should allow more time for looking into suspicious claims, place a cap on attorneys’ fees and more closely regulate medical clinics to help reduce rampant fraud in the state’s personal injury protection (PIP) auto insurance system, an insurer trade …
Alabama regulators are preparing to hold a public hearing on a proposed statewide average 9.3 percent decrease in the state’s workers’ compensation rates. The National Council on Compensation Insurance submitted the filing earlier this year, which calls for the sixth …
West Virginia auto insurers are paying more for deer-related accident claims despite the fact that fewer drivers are involved in deer-related crashes. The West Virginia Department of Insurance has released its 2010 study that analyzes the economic impact of automobile …
Employers in Florida will be paying more for workers’ compensation coverage next year following the state insurance chief’s approval of an 8.9 percent statewide average rate hike. Florida Insurance Commissioner Kevin McCarty said that he will approve the 8.9 percent …
