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David Altmaier, property insurance, Insurance Regulation News, Florida Legislature, Office of Insurance Regulation, Citizens Property Insurance Corporation, Insurance Regulation
The Florida legislature is returning to Tallahassee and preparing for its upcoming 2021 legislative session. Several key legislative committees hold hearings this week including the Senate Banking and Insurance Committee. The agenda for this week’s Banking and Insurance Committee meeting consists of presentations by Insurance Commissioner David Altmaier and President and Chief Executive Office of […]
property insurance, Insurance Regulation News, Florida Legislature, Office of Insurance Regulation, Citizens Property Insurance Corporation, Insurance Regulation
Insurance Regulatory News, property insurance, Office of Insurance Regulation, Citizens Property Insurance Corporation
property insurance, Insurance Regulation News, Citizens Property Insurance Corporation
Exposure Reduction Study, florida state university, property insurance, Insurance Regulation News, Citizens Property Insurance Corporation
In December 2019, Joe Petrelli of Demotech, Inc. sent a letter of Barry Gilway of Citizens Property Insurance Corporation describing several concerns with Florida’s residential property insurance market. Petrelli mentioned that several insurers could see downgrades to their Financial Stability Ratings. He acknowledged that last year’s assignment of benefits (AOB) reforms might be beneficial later. […]
Hurricane Michael claims, Florida Office of Insurance Regulation, property insurance, Insurance Regulation News, Citizens Property Insurance Corporation
insurance rates, hurricane claims, Homeowner's Insurance, Insurance Regulation News, Citizens Property Insurance Corporation
Governor Ron DeSantis has signed HB 7065 reforming the use of assignments in Florida’s property insurance market. He also signed HB 337 relating to Florida’s court system and also accelerating the effective date of HB 7065’s attorney’s fee revisions. Most of the law changes relating to assignments of benefits (AOB) take effect July 1. However, […]
