Miami-Dade lawmakers file bills adding guardrails to lender-placed property insurance
Florida Office of Insurance Regulation, Florida Legislature, Insurance Regulation News, property insurance, Homeowner's Insurance, lender-placed
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Florida Office of Insurance Regulation, Florida Legislature, Insurance Regulation News, property insurance, Homeowner's Insurance, lender-placed
Citizens Property Insurance Corporation, Florida Legislature, Insurance Regulation News, Homeowner's Insurance, Governor Ron DeSantis, Florida special session
Florida Legislature, Insurance Regulation News, property insurance, Homeowner's Insurance, SB 76
As the 2021 hurricane season begins, forecasters look for this year to bring an above-average level of tropical activity. Just this week, the Tropical Meteorology Project in the Department of Atmospheric Science at Colorado State University (CSU) updated its projections and continues to believe this year will produce an above-average number of storms. Its forecast […]
Citizens Property Insurance Corporation, Insurance Regulation News, Homeowner's Insurance, hurricane claims, insurance rates
A second Senate committee has approved an adjusting to existing law relating to flood insurance disclosures. Last year, the legislature adopted a requirement for all homeowners’ policies to state that they do not cover flood damage. Unfortunately, there is no exception in the current law for policies that actually do contain flood insurance in the […]
Insurance Regulation News, Homeowner's Insurance, property and casualty insurance, Farmers Insurance
Florida’s Second District Court of Appeal has upheld the ability of a policyholder to make multiple assignments under a homeowners insurance policy. Nicon Construction v. Homeowners Choice Property and Casualty Insurance Company involved a policyholder’s issuing assignments of benefits to two separate vendors. The insurer argued that upon the policyholder’s assigning the policy rights to […]
Citizens Property Insurance Corporation, Florida Legislature, Insurance Regulation News, Homeowner's Insurance, Florida Chamber of Commerce, CFO Atwater, water damage claims, Florida insurers
Insurance Regulation News, Homeowner's Insurance, insurance claims, lightening strikes