The last day of the latest Florida legislative session (March 9) saw the passage of a measure to help bring reform to the states auto-insurance system.
Insurer groups hailed the Florida Legislature’s passage of a wide-ranging property bill and have called on the governor to sign the legislation into law.
Insurance groups are praising the Florida Legislatures passage of a commercial-lines rate-deregulation bill and are indicating that they may push to expand such a regulatory structure to personal lines in the future.
Insurance groups are praising the Florida Legislatures passage of a commercial-lines rate-deregulation bill and are indicating that they may push to expand such a regulatory structure to personal lines in the future.
New Alabama Gov. Robert Bentley has signed an executive order to create the Coastal Insurance Commission to study availability and affordability of homeowners insurance and make recommendations.
This year’s massive Florida property insurance reform bill has made its way through the Senate Budget Committee, but changes to the bill irk industry representatives.
The North Carolina General Assembly has approved legislation aimed at ensuring the solvency of the state's property insurer of last resort if it suffers major losses resulting from a hurricane.
Florida Gov. Charlie Crist has vetoed a measure that would have permitted some insurers to charge unregulated property rates, stating that it would allow them to essentially "redline" areas of the state.