TALLAHASSEE | Citizens Property Insurance Corp. wants state regulators to reduce base rates for the majority of its policyholders for the first time since a move to artificially lower rates ended in 2009. About 70 percent of Citizens’ policyholders, mostly inland residential customers, would benefit from the proposed 5.8 percent
When the dust settled Friday on the political drama of an all-day election recount, the result of the cliffhanger race between Jay Fant and Paul Renner boiled down to this. In a primary election that most people sat out, Fant won because two more people voted for him than Renner
LAKE WALES | Judi Sprague doesn’t feel like State Farm has been very neighborly lately. For the past 45 years, Sprague and her husband Dan have alternately maintained car, homeowners, and manufactured home insurance policies with the company, famous for its “Like a good neighbor, State Farm is there” slogan.
TALLAHASSEE – The Office of Insurance Regulation today received the 2015 Florida workers’ compensation rate filing by the National Council on Compensation Insurance (NCCI), which proposes a statewide average rate decrease of 2.5% – the first decrease in four years. NCCI, which is a licensed rating organization authorized to make rate
For six weeks, Florida reeled under the assault of four hurricanes. First Charley struck Port Charlotte Aug. 13, 2004, with 150-mph winds. It blasted its way into Central Florida five hours later with winds clocked at 105 mph at Orlando International Airport. Hurricane Frances followed on Sept. 5 with lashing
The recent legislative session in Tallahassee was relatively quiet, a matter some attribute to this being an election year. But even in quiet years, Florida lawmakers tend to make some noise about the insurance industry and this year was no different. When insurance is a topic among Florida lawmakers, the
Gov. Rick Scott isn’t convinced that Citizens Property Insurance Corp. should have rebuffed his request for an international travel ban, even if the overseas trips were part of a $3.2 billion deal that saved the state-backed insurer $233 million. At the request of Scott, Citizens President and CEO Barry Gilway
Summoned before Gov. Rick Scott and the Cabinet Tuesday, Citizens Property Insurance Corp. president Barry Gilway defended the state-backed insurer’s foreign travel. Scott called for a prohibition on foreign travel by Citizens executives after a series of abuses two years ago. The controversy flared anew after a report inThe Palm
Of the two dozen states that rejected the Medicaid expansion, Florida will lose out on the most federal health care money for the poor, according to two nonprofit policy research groups that support the Affordable Care Act. A joint report from the Robert Wood Johnson Foundation and the Urban Institute
Low-income consumers struggling to pay their premiums may soon be able to get help from their local hospital or United Way. Some hospitals in New York, Florida and Wisconsin are exploring ways to help individuals and families pay their share of the costs of government-subsidized policies purchased though the health