News & Updates

Travis Miller

Citizens Releases Claims Performance Measures

Citizens Releases Claims Performance Measures

Citizens Property Insurance Corporation’s claims volume is up but policyholder satisfaction has increased according to claims performance measures through the first quarter of 2012.  Based on activity through the first quarter Citizens estimates it will receive First Notice of Loss on approximately 70,000 claims in 2012.  This would be an increase over the 66,044 First […]

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Citizens Reinspection Program Continues to Identify Mitigation Errors

Citizens Reinspection Program Continues to Identify Mitigation Errors

Citizens Property Insurance Corporation recently indicated that as of March 31, 2012, it had completed processing 158,135 reinspections relating to mitigation discounts, with 68% of the reinspections showing a need for premium adjustments.  The reinspections include 62% showing a premium increase (i.e., removal of credits) and 6% showing a premium decrease (i.e., additional credits warranted).  […]

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Implementation of PIP Law Under Review

Implementation of PIP Law Under Review

The Office of Insurance Regulation (OIR) and other state agencies are considering the implementation steps needed for the recently passed Personal Injury Protection (PIP) reform bill (HB 119).  One of the key upcoming action steps is for insurers to make their initial rate filings responding to cost savings resulting from the new law.  The filing […]

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Counties to Challenge Medicaid Accounting Law

Counties to Challenge Medicaid Accounting Law

The Florida Association of Counties announced this week that it would challenge HB 5301, which passed in the recent legislative session and has been signed into law by Governor Rick Scott.  Three counties (Pasco, Manatee and Leon) have indicated they will join the association’s suit and other counties also are expected to do so.  The counties […]

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Cat Fund Right-Sizing Supporters Vow to Bring It Back

Cat Fund Right-Sizing Supporters Vow to Bring It Back

The key Senator and Representative who promoted the Florida Hurricane Catastrophe Fund (FHCF) right-sizing proposal expressed disappointment that the bills did not receive more attention in the recently concluded session.  At least in the case of those who are eligible to return to the legislature next year, they vow to keep pushing for the reform. […]

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Attempt to Circumvent PIP Reform Draws Policymakers’ Ire

Attempt to Circumvent PIP Reform Draws Policymakers’ Ire

The efforts of a Tampa company to solicit chiropractors to circumvent PIP reforms has drawn adverse reactions from legislators and insurance regulators.  Governor Scott has not yet acted on the bill passed at the end of the 2012 legislative session, but he worked hard with legislators to pass the bill and is expected to sign […]

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Governor Approves Citizens Assessment Change

Governor Approves Citizens Assessment Change

Governor Rick Scott has signed a bill into law changing the way Citizens Property Insurance Corporation will levy assessments following a storm.  The bill (HB 1127) had the support of the Office of Insurance Regulation, the Insurance Consumer Advocate, Citizens and the insurnace industry.  Under the new law, Citizens will not levy regular assessment on the personal lines […]

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OIR to Hold Filing Conference

OIR to Hold Filing Conference

The Office of Insurance Regulation has announced it will hold a filing conference titled, “Successful Strategies for Business Development” on June 14, 2012.  In past years, the OIR has held similar conferences relating to its form and rate filing processes, requirements and reviews. Details about the conference are being developed and are expected soon.  Registration […]

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Workers Comp Excess Profits Law Slated for Rescission

Workers Comp Excess Profits Law Slated for Rescission

The legislature passed a bill (HB 941) that included a provision eliminating the excess profits calculation for workers’ compensation and employer’s liability insurance.  The excess profits provision, currently located at section 627.215, Florida Statutes, requires insurers to report their premiums, losses and expenses in the affected lines of business by July 1 of each year.  […]

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Reform for PIP Squeaks Through on Final Day of Session

Reform for PIP Squeaks Through on Final Day of Session

After intense debate throughout the 2012 legislative session, the Florida House of Representatives and Senate reached a compromise on reforms for Florida’s Personal Injury Protection (PIP) auto insurance system.  The bill and its reform proposals were the subject of considerable analysis and discussion prior to the session and throughout its two-month term.  Insurance Commissioner Kevin […]

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