The clock is ticking for First Coast politicians as John Thrasher continues his efforts to become the next president of Florida State University. While FSU has opened the search to other candidates, Thrasher remains a top contender for the position. But Thrasher can be excused if he keeps an eye
Florida’s Department of Financial Services on Friday asked a judge to allow a takeover of the troubled Physicians United Medicare Advantage HMO. The DFS filed a petition in Leon County Circuit Court to place the Orlando-based plan into receivership because it is insolvent. The company’s May financial statement reported assets
TALLAHASSEE, Fla. – The Florida Office of Insurance Regulation (Office) has approved the removal of up to 15,000 multi-peril personal residential policies from Citizens Property Insurance Corporation to Heritage Property & Casualty Insurance Company. This is part of the state’s ongoing effort to reduce the number of policies in state-backed
With names like Charley, Wilma or Katrina, hurricanes are Southwest Florida’s most unwanted houseguests. But it’s been awhile since we’ve had the nonpleasure of their company and reports of their mayhem: widespread flooding, trees crashing into roofs, blowing doors out of houses and turning pool cages into something that vaguely
A state circuit court judge has ruled that a Jacksonville property and casualty insurer is insolvent. The Florida Department of Financial Services was appointed as the receiver for the company, Sunshine State Insurance Co., in the June 3 order signed by Leon County Circuit Court Judge Kevin Carroll. As receiver,
A committee looking for a new president for Florida State University will now cast a net that extends beyond powerful state Sen. John Thrasher, the head of the panel announced late Tuesday. Ed Burr, chairman of the FSU Presidential Search Advisory Committee, said an outpouring of interest in the position
Close to half of this year’s state legislative races are no races at all, with incumbent lawmakers in those districts running unopposed for re-election. Of 140 state Senate and House seats up for grabs, 60 sitting legislators had no opposition. Read entire article here: .pdf | Naples News
TALLAHASSEE — Florida Gov. Rick Scott, who came into office promising to tame government spending, signed into law on Monday a record $77 billion budget for the coming year. Scott not only approved the new budget, but he also used a light touch on his budget vetoes during his fourth
Eight hurricane-free years in Florida and a seller’s market in catastrophe bonds have fortified the state against the cost of major storm damage as the 2014 Atlantic hurricane season starts June 1. “Florida is in its best position in a decade,” said Robert Hartwig, president of the Insurance Information Institute.
When it comes to Florida’s property insurance rates, what a difference a little pressure from the state’s chief financial officer can make. In 2013, most of Florida’s property insurers, as usual, filed for rate increases — despite eight straight years without a hurricane and sharp reductions in insurers’ costs.