News & Updates

Jeff Atwater

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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PIP Decision Creates Uncertainty in Final Weeks of Session

PIP Decision Creates Uncertainty in Final Weeks of Session

Leading into the 2013 legislative session, the most prevalent question relating to Personal Injury Protection (PIP) coverage was whether insurers’ rate filings were meeting the levels of savings lawmakers anticipated.  However, that changed when Circuit Judge Terry Lewis found that last year’s PIP reforms improperly limit the remedies available to injured persons.  Although the state […]

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Atwater Wants Cabinet Oversight of Citizens Inspector General

Atwater Wants Cabinet Oversight of Citizens Inspector General

Chief Financial Office Jeff Atwater has suggested that the Governor and Cabinet, serving as the Financial Services Commission, oversee the selection of an Inspector General to review Citizens Property Insurance Corporation.  Atwater also wants the Inspector General to report to the Financial Services Commission for at least 12 months. Governor Rick Scott recently called for […]

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OIR Releases Final PIP Report

OIR Releases Final PIP Report

The Florida Office of Insurance Regulation (OIR) has released the final version of the actuarial report of Pinnacle Actuarial Resources relating to the anticipated savings under 2012’s Personal Injury Protection (PIP) reform law.  The report estimates the indicates savings associated with HB 119 passed in this year’s legislative session.  Most of the provisions of the […]

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