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Citizens Property Insurance Corporation, water damage claims, AOB, assignment of benefits, water damage, radeylaw, Florida House of Representatives, attorneys fees, Florida Senate, Radey, Travis Miller, Office of Insurance Regulation
Insurance Regulation Report Card, Insurance Regulation News, Citizens Property Insurance Corporation
Citizens Property Insurance Corporation recently updated its Hurricane Irma response and discussed the financial impact of the storm as the 2017 hurricane season has now drawn to a close. Citizens reports that Irma will produce an estimated $1.2 billion in insured losses, but points out that the losses remain well within its claims-paying capacity. Citizens has […]
Hurricane Irma, Insurance Regulatory News, Florida insurance market, property and casualty insurance, reinsurance, Citizens Property Insurance Corporation
Insurance Regulatory News, property insurance, hurricane season, Citizens Property Insurance Corporation
Insurance Regulatory News, assignment of benefit claims, AOB Claims, property insurance, Citizens Property Insurance Corporation
Insurance Regulatory News, water damage claims, property insurance, Citizens Property Insurance Corporation
After only limited committee discussions during the 2017 session, the Florida legislature failed to adopt reforms to this state’s “assignment of benefits” problem. The Florida Office of Insurance Regulation and Citizens Property Insurance Corporation offered substantial testimony before the legislature regarding the nature of the problem, steps the legislature could take to fix the problem, […]
As the Florida legislature enters the final few weeks of the 2017 regular session, several important insurance issues remain unresolved. One of the most prominent insurance issues in need of a legislative solution is the “assignment of benefits” issue. Insurance Commissioner David Altmaier, Citizens Property Insurance Corporation chief executive officer Barry Gilway, and a number […]
The Florida Office of Insurance Regulation has announced new deputy commissioners for property and casualty insurance and for life and health insurance. The OIR has named Susanne Murphy as the deputy commissioner for property and casualty insurance. Ms. Murphy has substantial experience in insurance regulation, as well as with Florida’s residual property insurance market Citizens […]
