According to a recent article by the Wall Street Journal, at the end of yet another hurricane season without a storm in Florida, "state politicians and Republican Governor Rick Scott are starting to reform two taxpayer-backed catastrophic insurance funds in advance of the next big wind." Read the entire story here
The state's property insurer of last resort, Citizens Insurance, warns customers of possible surcharge and assessment liability. According to the Tampa Bay Business Journal, "the state’s largest property insurer is making it clear that policyholders face possible surcharges and assessments for losses because it is not 'supported by the full faith and credit of the [...]
As reported by the Sunshine State News, "A proposal to allow surplus lines insurers to take policies out of Citizens Property Insurance Corp. passed its first committee Tuesday, but not before lengthy and pointed exchanges between supporters and vocal industry critic Sen. Mike Fasano, R-New Port Richey." Read the entire story here
The following news release was issued by the Office of Florida Chief Financial Officer Jeff Atwater December 5, 2011, regarding the appointment of Daniel S. Anderson as director of the Florida Division of Insurance Fraud. The news release is reprinted below. Chief Financial Officer Jeff Atwater Appoints Law Enforcement Veteran to Lead the Division of Insurance Fraud TALLAHASSEE–Chief Financial Officer Jeff Atwater today announced the appointment of law enforcement veteran and crime fighter Daniel S. Anderson as the new Director of the Division of Insurance Fraud (DIF). Anderson, a 25-year veteran of the Drug Enforcement Administration with extensive experience in global criminal investigations and law enforcement coalition building, will be on the job next month. […]