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Florida Insurance Commissioner Kevin McCarty commented earlier today on the 20th anniversary of Hurricane Andrew, an event that shaped the next two decades of property and casualty regulation and legislation as well as other areas like building code requirements and enforcement. The statement follows: “Today marks the anniversary of Hurricane Andrew, a tropical hurricane that […]
Hurricane Andrew, property insurance, Insurance Regulation News, Florida Legislature, hurricane season, Office of Insurance Regulation, Citizens Property Insurance Corporation
Citizens Property Insurance Corporation, Office of Insurance Regulation, property insurance, Insurance Regulation News
property insurance, Insurance Regulation News, Office of Insurance Regulation, Citizens Property Insurance Corporation
The Board of Governors of Citizens Property Insurance Corporation wresteld with the difficult issue of the residual market’s rate levels at its board and committee meetings last week. Citizens’ rates receive a lot of attention in the media, and admittedly present a unique challenge for this state. Citizens has a substantial share of the market, […]
Florida’s Insurance Consumer Advocate Robin Westcott raised concerns about Citizens Property Insurance Corporation’s mitigation reinspection program at its recent board and committee meetings. Ms. Westcott also issued a press release saying that the inspection process is confusing, has inequitable results, and serves as a threat to Florida’s already vulnerable economy. “The current inspection process is working against the very […]
property insurance, Insurance Regulation News, reinsurance, hurricane season, Citizens Property Insurance Corporation
property insurance, Insurance Regulation News, Florida Legislature, Office of Insurance Regulation, Kevin McCarty, Citizens Property Insurance Corporation
Citizens Property Insurance Corporation, property insurance, Insurance Regulation News, Office of Insurance Regulation
The campaign commercials on TV are a constant reminder that the fall election cycle is rapidly approaching. The presidential election commands most of the attention, but state legislative races have the most immediate bearing on insurance legislation in this state. As soon as the winners emerge from this fall’s elections, the legislature will hold and […]
