News
The coming storm in flood insurance
The name Alberto probably doesn’t mean much to someone living in Florida, but it’s a name worth knowing. He is the year’s first tropical storm, which began swirling in the waters of the Atlantic Ocean and skirted the coast more than a week before the “official” start of the hurricane season. He is a reminder …
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State Regulators Working to Patch PIP Reform Loophole
Insurance regulators have been working for a couple of weeks to fix “glitches” in the state’s reformed auto insurance law the same glitches a Democratic lawmaker pointed out to the governor in a letter on Monday.
Hurricane Catastrophe Fund: Build Florida’s Backup
The 2012 hurricane season will bring good news and bad news. Good news: An especially active season could wash out a substantial portion of Florida’s historic drought.
For Florida, there’s a cost to no storms, too
FORT LAUDERDALE – Six hurricane-free years have given Florida a welcome break from disaster, but government leaders fear that the public may have become a little too comfortable.
PIP Reforms Will Help Stop Fraud
This year the Legislature took on the challenge of reforming Florida’s broken personal injury protection auto-insurance system, which has been infiltrated by crooks and enterprising industries. It was driving up costs for all Floridians.
Catastrophe fund managers meet with industry, hoping for the best
With two weeks to go before the hurricane season officially begins, players in the multi-billion dollar property insurance market meet in Orlando Tuesday to prepare for the worst and hope for the best, reports Michael Peltier of the News Service of Florida.
Florida hurricane insurance fund may not cover needs
TALLAHASSEE — Florida may not have enough money to pay off hurricane insurance claims if a big storm hits this year. An advisory panel on Thursday concluded that the state may fall nearly $2 billion short of the total needed to cover all of its obligations and is urging that Gov. Rick Scott and other …
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State issues rule to fix error in new car insurance law
TALLAHASSEE — A state agency issued a memo Tuesday aimed at fixing a flaw in Florida’s new auto insurance law, which Gov. Rick Scott has hailed as one of the top accomplishments of the 2012 Florida Legislature.
Critics blast Governor Scott over auto insurance reform
A South Florida doctor has given an ominous warning after Governor Rick Scott signed legislation that reforms personal injury protection insurance: The state’s health care system will face new burdens as insurance companies profit at the expense of Florida residents.
Mending a broken system
This year the Legislature took on the challenge of reforming Florida’s broken personal injury protection (PIP) auto insurance system, which has been infiltrated by crooks and enterprising industries driving up costs for all Floridians.
Gov. Scott signs no-fault fraud legislation
JACKSONVILLE — Gov. Rick Scott signed a bill designed to crack down on rampant fraud in Florida’s no-fault automobile insurance system on Friday but said he’s worried about a potential loophole in the new law that goes into effect July 1.
Florida no-fault insurance reform sponsors say Governor Scott will sign bill despite glitch
TALLAHASSEE – Two key lawmakers behind Florida’s no-fault insurance reform package said today they expect the governor to sign the new law Friday despite a potential glitch that could delay payments to some health providers.
Opinions on hurricane fund differ
With the 2012 Atlantic hurricane season little more than a month away, area state lawmakers and other officials continue to debate if state rainy-day funds have enough money to cover claims in the event of a major crisis.
No-fault auto insurance bill touted by Gov. Rick Scott has major gap
TALLAHASSEE — In their haste to meet one of Gov. Rick Scott’s top priorities, Florida lawmakers left a glaring, potentially multimillion-dollar pothole in legislation revamping the state’s no-fault auto insurance.
Floridians could get millions in health insurance rebates
WASHINGTON — As many as 1.7 million Floridians could get rebates from their health insurance providers this year as a result of the 2010 health care reform law, according to a report issued Thursday.
