Tag: Office of Insurance Regulation

Michael MolineJanuary 27, 2017
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6min631
The group behind a 14.5 percent workers’ compensation premium can’t get around Florida’s Sunshine Law by arguing that a single individual worked on the matter, and not a full-fledged internal committee, an appellate brief argues. The law holds that meetings by such committees at rating organizations like the National Council on Compensation Insurance, or NCCI, […]

A.G. GancarskiJanuary 24, 2017
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3min566
The phrase “you better shop around” applies to love, according to at least one old song. And a Florida House bill would apply that to medical procedures as well. On Tuesday, Rep. Paul Renner filed House Bill 449 (the “Patient Savings Act”) in the Florida House. The bill would create a “shared savings incentive program” starting on Jan. 1, […]

Jenna Buzzacco-FoersterNovember 28, 2016
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6min511
Sen. Jeff Brandes will once again file legislation to repeal the state’s no-fault auto insurance requirement, saying it’s time for Florida to move away from the troubled system. The St. Petersburg Republican said repealing the state’s Personal Injury Protection (PIP) system will be one of his top priorities during the 2017 legislative session. The decision […]

Jim RosicaOctober 6, 2016
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4min466
As expected, state insurance regulators have issued a final order jacking up the price of worker’s compensation insurance by nearly 15 percent. The order was published Thursday. The decision approves the National Council on Compensation Insurance (NCCI) request “for an overall combined statewide average rate increase of 14.5 percent,” the Office of Insurance Regulation said in a […]

Staff ReportsOctober 5, 2016
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3min189
NFIB/Florida Executive Director Bill Herrle on Wednesday criticized workers’ compensation insurers for pushing through a 14.5 percent rate increase this month. Herrle called the increase “massive” and said it would “undoubtedly hurt small businesses by threatening their ability to keep their doors open and employ Floridians.” The National Federation of Independent Business calls itself “the nation’s leading small-business advocacy group,” according […]

Jim RosicaSeptember 20, 2016
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3min359
Florida Insurance Commissioner David Altmaier won’t commit to an answer on Obamacare being a long-term solution to the Sunshine State’s health insurance needs. When asked Tuesday whether the insurance regime set up by the Affordable Care Act (ACA) could be salvaged, Altmaier said “that will take a little bit more conversation; I don’t know that I’m ready […]

Michael MolineAugust 18, 2016
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8min532
Don’t blame us for rising premiums, administrators of Florida’s high-risk property insurance pool told state regulators Thursday — blame lawyers and unscrupulous building contractors. And a bunch of burst pipes and overflowing washing machines in South Florida. John Rollins, chief risk officer for Citizens Property Insurance Corp., pointed to an increased use since 2013 of […]

Michael MolineAugust 16, 2016
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7min765
Trial attorneys mounted an ardent defense Tuesday of Florida Supreme Court rulings blamed by business interests for threatening an increase in workers’ compensation insurance premiums of nearly 20 percent. Mark Touby, a Coral Gables attorney who helped persuade the justices to eliminate a limit on attorney fees in workers’ compensation cases, insisted during a public […]


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