Matthew Nowels, Assistant Executive Director of GAPA, was quoted in an F&I Showroom article regarding the new GAP waiver law in South Carolina. South Carolina was one of five states in which GAPA successfully worked to pass its model act in 2015. “While GAP waiver was authorized in South Carolina,
For the tenth year in a row, Florida survived hurricane season without a major storm. The official season began in June and ended at midnight on November 30. The decade long absence of any major storms has allowed Citizens Property Insurance Corporation to strengthen its surplus, while it continues to
The Florida Office of Insurance Regulation (OIR) issued a press release today, December 1, 2015, reminding Medicare recipients with existing Medigap Plan C or F coverage that they can keep that plan. The press release references to congressional changes in the Medicare Access CHIP Reauthorization Act of 2015, but explains
TALLAHASSEE, Fla. – The Florida Office of Insurance Regulation wants to remind consumers aged 65 or older who may be considering the purchase of a Medicare Supplement policy (also known as Medigap) during the current Medicare Advantage open enrollment period to search the CHOICES system at http://www.floir.com/choices.aspx. Medicare Supplement policies
Tallahassee, Fla. – Meenan P.A., a Tallahassee law firm specializing in regulatory and legislative affairs, today announced that Stephen C. Burgess has joined the firm to serve in an “Of Counsel” capacity and Sarah Niewold has joined the firm as an associate. Stephen Burgess, the former Consumer Advocate for the
With open enrollment for the Federal Exchange beginning in a matter of days, the Office of Insurance Regulation is encouraging Floridians to do their homework before selecting their marketplace plan. With so many plan options and levels available to consumer on the exchange, it is wise to encourage a deeper
Today, the First District Court of Appeal denied Security First’s motion seeking the court to rehear its decision in Security First Insurance Company v. State of Florida, Office of Insurance Regulation, Case No. 1D14-1864 (Fla. 1st DCA Oct. 26, 2015). Security First had filed a proposed form with OIR requiring
TALLAHASSEE, FL – Citizens Property Insurance Corporation, the state-run insurer of last resort, is prepared to handle possible claims stemming from Tropical Storm Erika and is urging policyholders to make preparations now to protect themselves, their families and their homes. “The bottom line is Citizens is ready to handle Tropical
TALLAHASSEE, Fla. – The Florida Office of Insurance Regulation announced today that premiums for Florida individual major medical plans in compliance with the federal Patient Protection & Affordable Care Act (PPACA) will increase an average of 9.5% beginning January 1, 2016. Per federal guidelines, a total of 19 health insurance
TALLAHASSEE, FL – Documents related to Citizens 2016 rate proposal, including opening statements by President/CEO and Executive Director Barry Gilway and Chief Risk Officer John Rollins are available on Citizens website in the 2016 Rate Hearing kit. County-by-county rate recommendations for homeowners (HO-3) insurance policies and a copy of the