As the Supreme Court prepares to release its long awaited decision on the constitutionality of the Affordable Care Act; the nation’s largest insurer isn’t waiting to announce it will keep at least two key provisions of the health care reform law.
Insurance rates in Florida are already among the highest in the nation, but as insurers look to make what they claim are “market adjustments” to rates, some Floridians are finding they have to make a choice between paying for their insurance, or their home.
When Governor Rick Scott rode the tea party wave into the governor’s house, he made no secret that one of his main targets to slowly get rid of was Citizens Insurance. The insurance company, owned by the state, will accelerate the process in the next few months.
If being out of a job isn’t bad enough, Florida’s unemployed workers are about to get some more bad news.
More than a dozen people have been arrested in an insurance fraud scam responsible for keeping car insurance premiums sky high for the rest of us, according to police.
A plan to raise rates for new policies issued by Citizens Insurance died Thursday for the short term, but the Citizens board asked its staff to create plan for doing that in 2013.
Despite worries of a financial burden on Florida policyholders, the Senate Budget Committee on Saturday OK’d financial changes to Citizens Property Insurance Corp. and the Florida Hurricane Catastrophe Fund. The move is an effort to have them secured before one or more major storms hit Florida.
We all hate the sound of a police siren behind us. But if you’re one of those drivers who is fed up with rising auto insurance bills, take heart, something is being done to fight it.
The Florida House, in an effort to cut the number of people insured by Citizens Property Insurance, passed a bill Friday that would let some customers be sent to largely unregulated ‘surplus lines’ companies, where critics believe they could see higher rates and higher risk.
The Costa Concordia disaster could cost hundreds of millions of dollars to Carnival Corporation and its insurers.