Running out of time and job applicants, Gov. Rick Scott and Cabinet members broke a logjam Friday and placed untested state regulator David Altmaier on the hot seat as Florida's new insurance commissioner. Read more from the Tampa Bay Times Here
A second Florida Cabinet meeting has ended with no agreement on a new state Insurance Commissioner. Gov. Rick Scott and Chief Financial Officer Jeff Atwater again deadlocked on Tuesday, further stalling the process. Read more from Florida Politics here
Florida Insurance Commissioner Kevin McCarty told his bosses Wednesday that he will delay his resignation until 45 days after his successor is appointed. Read more here
An Orange County man says a roofing company hijacked his insurance claim for hail damage that didn't exist. Tony Annunziato blames the company for a questionable inspection and threats to sue his insurance company. He said he had a small roof leak, but an inspector from ELR Restoration claimed there was much more. Read the [...]
"We stand ready to work with the new commissioner, whomever that will be," said William Stander, executive director of the Florida Property & Casualty Association. Read more from the Sun-Sentinel here
Insurance claims for non-storm related water damage in homes are on the rise, both in numbers and in cost. The numbers are rising so fast, insurers say, that you will soon be paying higher rates because too many people are cashing in on a technicality. Read more from the Tampa Bay Times here
Efforts to find a new Florida insurance commissioner before hurricane season begins is well underway. Click here to read more from the Tampa Bay Times
South Florida property owners can expect property insurance rates to increase because the Florida Legislature failed to enact laws to curb abuses by contractors and trial attorneys, two insurance industry trade associations are saying. Read more from the Sun-Sentinel here
Insurance companies and their allies lamented Friday that state lawmakers neared the end of their session Friday without addressing water-damage claims they say are inflating costs. “Even without a hurricane making landfall, property insurance rates are set to skyrocket,” benefitting “a small group of greedy vendors and their lawyers,” said a statement from the Florida [...]
If you are a customer of state-run Citizens Property Insurance Corp. and have to file a claim, you might find yourself facing a question typically associated with a politician embroiled in scandal: What did you know, and when did you know it? Read more from the Sun-Sentinel here