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Tag: insurance

Signed, Sealed, Delivered: Florida’s 2015 Insurance Legislation Takes Effect

Below is a list of insurance-related Florida legislation passed by lawmakers in the 2015 regular session. All legislation has been approved by Governor Rick Scott and became effective as of July 1, 2015. HB1133 – Florida Agent Licensing Aligns college coursework with current Florida agent pre‑licensing requirements SB 1094: Peril

Dozens of Homeowners Arrested on False Insurance Claims

  MIAMI (WSVN) — Thirty-one people have been arrested after, authorities said, they are responsible for filing false insurance claims involving 20 fires and five water damage cases totaling over $14 million in insurance fraud. The State Attorney’s Office announced their findings and arrests following Operation Flames and Floods II.

Column: Florida homeowners insurance market is strong

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

TALLAHASSEE, Fla. – Florida’s Citizens Property Insurance Corp. is delaying by several months a planned expansion of its policy clearinghouse t0 make available those policies up for renewal, in order to improve the online system handling the policies. The clearinghouse was created in reform legislation passed during 2013 as part