Negative political ads work, but they also anger voters. In what comes as little surprise, voters don’t like Gov. Rick Scott or his likely Democratic nominee Charlie Crist, according to a Quinnipiac University Poll out Wednesday. From the beginning of the campaign, Crist and Scott have been hammering each other with
TALLAHASSEE, Fla. – The Florida Office of Insurance Regulation (Office) today issued Orders to insurance companies terminating a 1.3% assessment on most property insurance policies that has been used to pay off past hurricane claims. The assessment will be eliminated on policies issued or renewed on or after January 1, 2015 – 18
In a dramatic split decision, two federal appeals panels disagreed Tuesday on the legality of Obamacare subsidies that gave billions of dollars to help 4.7 million people buy insurance on HealthCare.gov. A panel of the appeals court that covers Washington, D.C., ruled 2-1 that the subsidies were and are illegal if issued
The financial outlook for Citizens Property Insurance Corp. is improving, based on a variety of measurements discussed today by the chief executive that has guided the process the past two years. During his presentation at the July meeting of the Economic Club of Florida, Citizens president and CEO Barry Gilway
A new law in Florida allows financial planners in the state to discuss insurance coverage with their clients without having to be affiliated with a provider — a move that will help feeonly planners maintain their compensation definition. On July 1, the state created a new kind of insurance license that applies
Gov. Rick Scott and politicians from the Tampa Bay area to the Washington beltway rang the warning bell last year. So did real estate agents struggling to sell homes in flood-prone areas of Florida. Soaring flood insurance rates, they warned, threatened to wreak havoc on property values throughout the state.
TALLAHASSEE — State geologists are well on their way to creating a statewide map showing where sinkholes are most likely to form. Last year, Florida got more than $1 million in federal funding for a three-year study. A pilot in Columbia, Hamilton and Suwannee counties ended in May. Professionals with the
The Florida homeowners insurance market is the strongest it has been in 10 years. Florida companies, which make up a majority of this market, have built $4.5 billion in surplus, $16 billion in reinsurance capacity and renewed profitability that has created new competition in the market. As a result, Florida
In politics, optics matter. Gov. Rick Scott, who will spend the next few months fending off familiar criticism of the health care fraud at his former hospital company, had a chance to put more money into fighting health care fraud in Florida. But to the disappointment of a key Republican
Consumer advocates are pushing for the release of rate filings by the state’s health insurers, saying Floridians shouldn’t be kept in the dark on premium prices for next year. All but two of the dozen health insurers that want to sell plans through the Affordable Care Act marketplace failed to