Gov. Ron Desantis Vetoes Auto Insurance OverhaulPointing to possible negative impacts for the insurance market and drivers, Gov. Ron DeSantis late Tuesday vetoed a long-sought effort by legislators to end the state’s no-fault auto insurance system.
Insurers To Be Blocked From Using Genetic Information In FloridaFlorida lawmakers on Thursday passed a bill that would block life insurers and long-term care insurers from using genetic information to price policies, making Florida the first state to ban the use of the information.
Citizens Insurance Reduces Rate HikeCitizens Property Insurance is scaling back a proposed rate hike after lawmakers and Gov. Ron DeSantis approved an overhaul that the state-backed insurer has long pursued.
Florida Senate Poised To Approve Major Insurance BillThe Senate as early as Wednesday could give final approval to a plan that would overhaul the controversial insurance practice known as assignment of benefits.
Hurricane Michael Insurance Losses Top $4.65 BillionWith the number of claims continuing to increase, estimated insured losses from October’s Hurricane Michael have topped $4.65 billion, according to information posted on the state Office of Insurance Regulation website.
Federal Judge Strikes Down Affordable Care ActA federal judge in Texas said on Friday that the Affordable Care Act's individual coverage mandate is unconstitutional and that the rest of the law must also fall.
Hurricane Michael Losses Near $4.3 BillionTwo months after Hurricane Michael roared into Northwest Florida, insured losses continue to climb.
Home Insurers Drop More Than 87,000 In Florida; Citizens Proposes Premium IncreaseFlorida records show home insurers have dropped the policies of more than 87,000 homeowners in the third quarter of this year.
Estimated Insured Losses From Hurricane Michael Top $4 BillionWith nearly 130,000 claims filed, estimated insured losses from Hurricane Michael have topped $4 billion, according to numbers posted on the state Office of Insurance Regulation website.
Hurricane Michael Insurance Losses Climb To $1.25 BillionThe number of insurance claims stemming from Hurricane Michael has increased to nearly 100,000, with an estimated $1.25 billion in insured losses, according to data posted on the Florida Office of Insurance Regulation website.
Hurricane Michael Insurance Claims Quickly Pile UpWithin a week of Hurricane Michael barreling into Northwest Florida, nearly 70,000 insurance claims had been filed, with estimated insured losses of $680.7 million.
Florida Insurers To Weather Effects Of Hurricane Michael, Analysts SayFlorida's disjointed property insurance system that relies almost exclusively on small and midsize companies will take a multibillion-dollar loss from Hurricane Michael.
Insurance Losses Due To Hurricane Michael Expected In The BillionsInsured losses from Hurricane Michael could go as high as $4.5 billion, with the largest amount in residential losses, according to an early estimate by an insurance industry group.
Hearing Set On Workers’ Comp Rate CutThe state Office of Insurance Regulation has scheduled an Oct. 17 hearing on a proposal that could lead to an average 13.4 percent reduction in workers’ compensation insurance.
Hurricane Irma Insurance Losses Close To $10 BillionInsurance loss estimates from Hurricane Irma have hit $9.7 billion, up by more than $1 billion since April, according to the latest numbers posted by the Florida Office of Insurance Regulation.