News & Updates

Governor Rick Scott

Florida Supports Mississippi Flood Suit

Florida Supports Mississippi Flood Suit

Governor Rick Scott, Attorney General Pam Bondi and Chief Financial Officer Jeff Atwater announced that Florida will file an amicus brief in support of the Mississippi Department of Insurance’s suit seeking to delay implementation of rate increases in the federal flood insurance program.  Attorney General Bondi indicated that supporting the Mississippi action might result in a faster decision than if Florida were to […]

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Flood Program Rates Draw Concerns

Flood Program Rates Draw Concerns

Rate increases in the federal flood insurance program are drawing the ire of politicians on both sides of the aisle in Tallahassee.  Governor Rick Scott recently sent a letter to Florida U.S. Senators Bill Nelson and Marco Rubio stating that he is “deeply troubled” by the impact of flood insurance rate increases on Florida’s economy.  […]

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Governor Scott Addresses Reinsurance Tax Issue

Governor Scott Addresses Reinsurance Tax Issue

Governor Rick Scott expressed his opposition to federal legislation that would deny tax deductions for reinsurance premiums paid to foreign-based reinsurers affiliated with domestic insurers.  Governor Scott outlined his concerns in a letter to U.S. Representative Vern Buchanan, Florida’s representative on the House Ways and Means Committee. (letter) Governor Scott indicates that the proposal will […]

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Statute Allowing Commercial P&C Forms Certifications Takes Effect July 1

Statute Allowing Commercial P&C Forms Certifications Takes Effect July 1

The Florida legislature in Senate Bill 468 created a new section 627.4102, Florida Statutes, relating to the informational filing of property and casualty product forms.  The bill was approved by Governor Scott and became Chapter Law 2013-66. The new statute takes effect July 1, 2013.  It allows insurers to certify the compliance of their property […]

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