The Florida Current: Cat Fund fight dead for session
The fight over the direction of the state's reinsurance fund is essentially over for this year. Read why here.
Palm Beach Post: Florida storm fund’s plan to buy private reinsurance stalls
A plan slammed as “insane” by one lawmaker — which could raise insurance bills for Florida homeowners by having a state storm fund buy $1.5 billion of private reinsurance — did not reach the Florida Cabinet on Tuesday and may be running out of time before hurricane season. Read the entire article here.
The Florida Current: Senate, House split over emergency insurance claim restrictions
One day after the House inserted a provision restricting the “assignment of benefits” – where a homeowner signs over the benefits of an insurance claim to a contractor to make fixes to a home, usually in the case of an emergency like a pipe burst or leak – into a bill aimed at informing consumers [...]
FPCA Letter to the Editor Published in Tampa Bay Times
Daniel Ruth's column did the Times and its readers a disservice with an uninformed, sneering assessment of Florida-based homeowners insurance companies. Read the entire letter by William Stander, executive director of FPCA, here.