New Florida legislation, if signed into law by Gov. Rick Scott, would provide relief to the state's private market insurers and potentially attract new private capital to the Sunshine State.
New Florida legislation, if signed into law by Gov. Rick Scott, would provide relief to the state's private market insurers and potentially attract new private capital to the Sunshine State.
Given the 2011 residential property reforms, expect Floridas 2012 session to be much quieter in that area. The exceptions could be legislation on Citizens and the Cat Fund.
As in previous years, our December issue offers a retrospective of the topics we covered over these past 12 months. We provided extensive coverage on property insurance, legislative and regulatory actions, workers' compensation, excess and surplus lines, agency management topics, health care, and many of the ancillary lines of coverage...
Florida Gov. Rick Scott has signed SB 408, a bill designed to address cost drivers in an attempt to reform Florida’s unsteady property insurance market.
Insurers are leafing through and interpreting the massive property insurance bill signed by Gov. Rick Scott, which addresses insurance issues related to replacement cost methodology, sinkholes, public adjusters, and claim filing periods.
During his campaign, Gov. Rick Scott proclaimed himself (and indeed is conducting himself now) as the consummate CEO. In the weeks since taking office, he has tried to conduct the peoples business by edict. It is not going well.
With a decidedly pro-business governor and a Legislature focused on economic rejuvenation, Floridas 2011 session could produce significant opportunities for the business community at large and the insurance industry in particular. This may be the year that tort reform finally passes, an impossible feat in previous years. Then lawmakers could...