Florida PIP Upheld | EPIC Enters Property Market | Latest on Flood Rates

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Editor's Choice October 24, 2013 Florida Appeals Court Upholds PIP Reform Law By Chad Hemenway, PropertyCasualty360.com A state appeals court upheld reforms contained within HB 119—legislation signed into law by Gov. Rick Scott more than a year ago. …Read more Top News Get in-depth coverage of specialty lines of insurance on PropertyCasualty360.com's Featured Lines pages. Get the info you need today! New Florida Domestic Property Insurer, EPIC, Enters the Market By Chad Hemenway, PropertyCasualty360.com The Florida Office of Insurance Regulation has licensed Elements Property Insurance Co. to write homeowners insurance in Florida—a state always in need of addition capital due to its high risk of hurricanes, alleged fraud, and other perils such as sinkholes.…Read More Convicted PIP Fraud Ring Leader Faces 75 Years in Jail By Christina Bramlet, PropertyCasualty360.com A former Fla. clinic owner is implicated as the mastermind behind at least 26 accidents involving 60 people and $240,000 in fraudulent claims.…Read More Atlantic Hurricane Season Quietest in 45 Years, Experts Say By Tom Brown, Reuters The 2013 Atlantic hurricane season looks set to go down as a big washout, marking the first time in 45 years that the strongest storm to form was just a minor Category 1 hurricane.…Read More 3 States Take Steps to Ease Impact of Flood Rate Increases By Arthur D. Postal, PropertyCasualty360.com Florida, Louisiana and Massachusetts are all taking steps to help residents in coastal areas deal with potential huge increases in flood insurance premiums.…Read More NAMIC: NFIP Rates Must Reflect Risk; Senate Should Not Delay Increases By Arthur D. Postal, PropertyCasualty360.com The National Association of Mutual Insurance Companies is asking the Senate to resist calls to delay or rescind scheduled flood insurance rate increases, arguing that the rates must adequately reflect the risks.…Read More Florida Denies NCCI Rate Filing By Staff Writer Florida has denied an annual rate filing by the National Council on Compensation Insurance proposing a 1 percent insurance rates has been disapproved.…Read More Subscribe to our eNewsletters Get the best of PropertyCasualty360.com, from market trends and news to the analysis you need – it's the information you need to solve your biggest business problems…so you can sleep at night. Check out PropertyCasualty360.com eNewsletters!
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25 Oct, 2013

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