Florida’s Chief Financial Officer Alex Sink has announced that Terry Butler will serve as the interim Interim Insurance Consumer Advocate. Terry has worked as an attorney in various insurance regulatory capacities throughout his career, including as the Senior Attorney in the Office of the Insurance Consumer Advocate since August 2007. “Terry’s legal experience and expertise in standing up for Florida’s […]
The Office of the Insurance Consumer Advocate held its most recent hearing last week on the insurer report card rule. Most insurers commenting on the rules believe that a “report card” can provide valuable information to insurance consumers as they consider their residential insurance options. However, the industry believes that the rule in its current […]
A Citizens Property Insurance Corporation committee recently discussed results of its reinspection program for wind mitigation features. The reinspection of 1500 personal residential risks has identified changes in data for 90% of the policies and changes in premiums for 75% of the policies. The categories of roof cover, roof deck attachment, roof to wall attachment […]