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Surplus lines bill to shrink Citizens moving swiftly through Legislature

A bill to allow out-of-state surplus lines property insurance companies to take over policies of Citizens Property Insurance Corp. passed through two committees Thursday – one in the House, one in the Senate – and is now headed to the floor in both chambers, despite objections from some lawmakers that it does not include enough [...]

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House says goodbye to PIP

A House committee on Wednesday scrapped the personal injury protection (PIP) no-fault program by passing a bill that establishes Emergency Care Coverage instead.

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Governor touts PIP changes in his 2nd State of the State address

Although the House and Senate appear worlds apart, Florida Gov Rick Scott urged lawmakers in his State of the State address Tuesday to tackle personal injury protection and make the rates more affordable for Florida motorists.

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Senate and House PIP proposals could be on a collision course

The House and Senate are deeply divided on the breadth of changes that need to be made to the state’s personal injury protection program.

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Florida insurance agents protest ‘medical loss ratio’ provision in health care law

TALLAHASSEE — Naples insurance agent Mark Fiacable says a part of the federal health care act destroyed his business and caused him to lose his home.

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PIP and Citizens: Two challenges for legislators

Gov. Rick Scott wants lawmakers to fix a pair of auto and property insurance issues that are costing Floridians hundreds of millions of dollars but have eluded resolution for more than a decade.

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Seismic reform needed for CAT fund

Looking back on 2011, Florida thankfully avoided a hurricane landfall for an unprecedented sixth consecutive year.

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Report: Florida workers’ comp market ‘competitive’

The state’s annual report on workers’ compensation insurance says Florida’s market is “competitive,” and its availability is not a significant problem.

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Bill: Florida would join national insurance compact

TALLAHASSEE — Florida would join a group of 41 other states that have already standardized requirements and application procedures for life insurance, long-term disability coverage and other insurance products, under a measure filed Tuesday and backed by industry representatives and state regulators.

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Guest opinion: Reinsurance industry is crucial to Florida’s tropical storm and hurricane coverage

As the media reports on insurance-related matters throughout Florida, especially with regard to the state-run Citizens Property Insurance Corporation and Florida Hurricane Catastrophe Fund, the term reinsurance is one that is frequently used but sometimes misconstrued.

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Tinkering with bad faith puts citizens’ rights at risk

Granted, the nation has too much costly litigation, but citizens also should watch closely whenever lawmakers begin monkeying with their rights. Too often the politicians end up stacking the legal deck for special interests.

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Sworn testimony needed at insurance hearings

A new study by the Americans for Insurance Reform should reverberate in Tallahassee as Gov. Rick Scott and state lawmakers prepare to reform no-fault auto insurance, including personal injury protection, or PIP.

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Guest Opinion: Federal regulators could disrupt health insurance market

Federal regulators have refused to temporarily waive the requirement that Florida health insurance providers meet rigid minimum requirements on health care spending, and that is unfortunate.

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Commentary: Cut spending by reforming insurance companies

As policymakers look for ways to cut health care costs, they face the task of decreasing spending without jeopardizing the quality of care. As daunting as this may seem, we have an opportunity not only to reduce costs but improve to care, simply by reforming outdated and inefficient insurance company policies that restrict access to [...]

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Guest column: Donovan Brown … Stop PIP fraud in Florida NOW

Stop PIP fraud in Florida NOW As Florida drivers’ insurance rates continue to rise due to the state’s current no-fault system running rampant with fraud across the Sunshine State, we applaud the Florida Legislature for recognizing the need to transform the no fault system now and making it a priority this session.

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