Florida Politics - Campaigns & Elections. Lobbying & Government.

Peter SchorschMarch 21, 2016

Florida public records laws provide a treasure trove of information on candidates seeking top statewide positions, as well as a seemingly endless source of entertainment. Currently, the Florida Cabinet is seeking candidates for top jobs at both the Office of Insurance Regulation and the Department of Revenue. Unlike the Office of Insurance Regulation, the top […]

Peter SchorschMarch 16, 2016

Replacing Commissioner Kevin McCarty of the Office of Insurance Regulation is shaping up to be a challenge. Dozens of candidates, offering what can be called (charitably) a broad range of credentials, have thrown their names in the hat. So the process of choosing a new OIR leader, now that it is well underway, will prove […]

Drew WilsonFebruary 24, 2016

A bill that would require insurers to take a more proactive stance on paying out life insurance benefits cleared the Senate Wednesday with a unanimous vote. SB 966, sponsored by Fort Myers Republican Sen. Lizbeth Benacquisto, would require insurers to compare their policy rolls with the Social Security Administration’s Death Master File and payout benefits. Current law allows […]

Peter SchorschFebruary 17, 2016

As reported by FloridaPolitics.com earlier this week, the pool of applicants to replace outgoing Insurance Commissioner Kevin McCarty is so far anything but impressive. The applicant list stands at 32 interested parties, yet only three appear to be eligible based on the state’s pre-screening questions. On Tuesday, we learned that former Rep. Tom Grady would not be applying […]

Phil AmmannFebruary 9, 2016

A Senate committee Tuesday unanimously approved a bill enabling insurance companies to sell standalone sinkhole policies for damages falling short of catastrophic loss, reports LobbyTools. The bill “would allow people to go out on the market and buy sinkhole coverage, standalone, not tied to their homeowner’s insurance,” said Sen. Jack Latvala, sponsor of Senate Bill […]

Jenna Buzzacco-FoersterJanuary 14, 2016

Consumer advocates are calling on state lawmakers to tweak proposed legislation that removes the state’s pre-insurance inspection requirement. The provision is in two bills (SB 1036/HB 659) relating to automobile insurance. Among other things, the measure allows an insurer to opt out of the pre-insurance inspection program and create its own pre-insurance program if it […]

Ryan RayJanuary 4, 2016

Citizens Property Insurance Corp. — Florida’s state-backed “insurer of last resort” — received approval Monday to shed another 71,500 home insurance policies from its rolls amid an ongoing effort to reduce the state’s liabilities. The Florida Office of Insurance Regulation announced two private carriers have been approved to take over the policies, which cover properties […]

Peter SchorschNovember 2, 2015

Governor Rick Scott huddled with embattled insurance commissioner Kevin McCarty last Tuesday after a meeting of the Florida Cabinet, however the scheduled meeting did not appear on the governor’s official schedule. The off-the-grid meeting is only serving to fuel speculation that McCarty will soon leave the Office of Insurance Regulation, despite his public statements to the contrary. […]

Drew WilsonSeptember 8, 2015

The Office of Insurance Regulation approved new Citizens Property Insurance Corp. rates Tuesday that will increase costs for about 40 percent of policyholders when they take effect in February 2016. Under the approved rates the average premium for multiperil policies will rise to $2,381 a year, up from $2,339 average rate this year. The $42 increase is about […]

Associated PressAugust 26, 2015

Premiums for most health insurance policies sold on the federal exchange are increasing for Floridians this year, but state regulators used new authority to negotiate lower rates so the hikes aren’t as big as they could have been, according to filings released Wednesday by the Office of Insurance Regulation. Aetna requested a 21 percent increase […]

Tag: Office of Insurance Regulation
Bottom line: Trevor Lawrence must step up his game.

The Good, the Bad and the Interesting: Evaluating the applicants for Florida revenue chief

The Good, the Bad and the Interesting: Evaluating the applicants for Florida insurance commissioner

Senate passes Lizbeth Benacquisto bill to reform life insurance payouts

Bryan Nelson for Insurance Commissioner? Not so fast

Senate panel unanimously OKs standalone sinkhole insurance bill

Consumer advocates urge lawmakers to keep pre-insurance inspection requirement

Citizens gets OK to shed another 71,500 policies in March

Rick Scott meets off-the-grid with insurance regulator Kevin McCarty

State insurance regulators OK deeper reach into coastal property owners’ pockets

Most health insurers raise 2016 Florida Obamacare rates