About FpcaAdmin

This author has not yet filled in any details.
So far FpcaAdmin has created 250 blog entries.

Insurance Journal: Heat Is on Florida Lawmakers to Fix Assignment of Benefits Crisis

February 16th, 2017|Daily News|

Florida’s insurance industry will apply significant pressure on lawmakers to pass assignments of benefit (AOB) reform in the upcoming legislative session as consumers face rate increases and a looming coverage availability crisis due to serious and costly abuse of the policyholder benefit. Read more from Insurance Journal here

Florida Politics: Report points to problems with AOBs, and a way around one proposed fix

February 15th, 2017|Daily News|

As the Legislature debates restricting attorney fees in insurance litigation involving assignment-of-benefits agreements, a tort-reform group has identified a way to circumvent that fix. Attorneys could convince policyholders to file suit in their own name. Read more from Florida Politics here

Palm Beach Post: Fla. insurers to get lower safety grades: How many? Demotech mum

February 13th, 2017|News Coverage|

The Florida Property & Casualty Association, representing a number of state-based companies, said this in a statement: “Ratings agency Demotech recently issued a press release advising they are making changes in the way they evaluate home insurance companies in Florida. This reflects their view of the state’s property insurance market which is deteriorating because of claim fraud, assignment of benefits abuse, and [...]

Politico Florida: Atwater to step down as CFO after session to work at FAU

February 10th, 2017|Daily News|

Florida Chief Financial Officer Jeff Atwater announced Friday that he plans to leave his post at the end of the legislative session to take a job at Florida Atlantic University. Read more from Politico Florida here

Florida Politics: House panel stages civilized discussion of assignment of benefits reform

January 11th, 2017|Daily News|

The House Insurance & Banking Subcommittee held a calm, measured, largely drama-free discussion of assignment of benefits reform Wednesday. Read more from Florida Politics here

Florida Politics: Jeff Atwater: Arrest made in $100,000 fraud against Citizens Insurance

December 23rd, 2016|Daily News|

Chief Financial Officer Jeff Atwater on Thursday announced the arrest of a Miami man on charges that he posed as a licensed public adjuster to defraud Citizens Property Insurance Corp. of nearly $100,000 in inflated insurance claims. Read more from Florida Politics here

State says insurance preparation for hurricanes ‘paid off’

December 2nd, 2016|Daily News|

Insurance companies, for the most part, have been responsive to customers affected by two hurricanes that caused hundreds of millions of dollars in damage in Florida this year, state officials said Friday during a roundtable discussion with industry executives. Read more from News4Jax here

St. Augustine Record: Hurricane Matthew impacts northwest St. Johns County

November 28th, 2016|Daily News|

News reports mainly focused on coastal communities devastated by Hurricane Matthew. Read more from the St. Augustine Record here

Daytona Beach News-Journal: Volusia continues to lead Florida in Hurricane Matthew claims

November 1st, 2016|Daily News|

Volusia County continues to have the highest number of Hurricane Matthew-related insurance claims in the state, with Flagler County ranking fifth. Read more from the Daytona Beach News-Journal here

Florida Politics: Insurance regulators provide additional details of legislative priorities

October 26th, 2016|Daily News|

Cracking down on shady contractors and attorneys is the Florida Office of Insurance Regulation’s top priority for the 2017 legislative session, but officials made clear Wednesday they intend to protect consumers’ rights in drafting their proposals. Read more from Florida Politics here