Category: Headlines

Indiana Department of Insurance Released New Life Insurance How-To Guide

Indianapolis – The Indiana Department of Insurance created the Life Insurance How-To Guide in response to Senate Enrolled Act No. 425 (SEA 425), which is effective on July 1, 2015. SEA 425 requires the Indiana Department of Insurance to develop, post and maintain on the Internet information concerning life insurance

Gov Scott: BP Settlement Will Help Florida Invest in Key Projects

TALLAHASSEE, Fla. – Today, Governor Rick Scott released the below statement following the announcement from BP on settling with the United States and Gulf coast states impacted by the 2010 Deepwater Horizon oil spill.  As part of the agreement in principle, Florida will receive at least $3.25 billion.  This includes

States Starting to Tackle High Drug Costs

The battle over drug prices is playing out in states across the country, with at least four states capping consumers’ out-of-pocket costs and others considering transparency requirements to force drug companies to explain their high prices. The efforts come as the cost of prescription medicines continues to climb, especially among

Five Disruptors in the Property and Casualty Industry

Wherever you turn in the business and technology media, the talk is all about the next disruption buy generic accutane. In the beginning, there was Google and Amazon. More recently, there’s been Facebook and social media platforms. Insurance has managed to sidestep most of these early forces of radical change

Supreme Court Confirms that Disparate-Impact Claims May Be Brought Under the Fair Housing Act

Earlier today in Texas Department of Housing and Community Affairs v. Inclusive Communities Project, Inc., the United States Supreme Court affirmed and remanded the opinion of the Fifth Circuit that disparate-impact claims are “cognizable under the Fair Housing Act.” The Inclusive Communities Project, Inc. (“ICP”), a nonprofit corporation that assists low-income

Citizens Board Approves Proposed 2016 Rates

ORLANDO, Fla – Citizens Property Insurance Corporation’s Board of Governors on Wednesday approved a 2016 rate package that lowers rates for nearly half of Citizens’ personal lines policyholders while responding to increased water loss claims and continued inadequate rates for its remaining policyholders along the coast. By unanimous vote, the board

President Gardiner Responds to Governor Scott Vetoing Key Funding for Vulnerable Floridians

TALLAHASSEE,Fla –Florida Senate President Andy Gardiner (R-Orlando) today released the following statement regarding Governor Rick Scott vetoing key funding for Florida’s most vulnerable families. “While Governor Scott will undoubtedly spend the next several weeks traveling the state touting his record number of vetoes as win for Florida’s families, there are