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If gas-tax break is such a good idea, why wait?

May 26, 2022

As our state legislators reassemble for yet another special session this week— this time, dealing with the crisis in property insurance as hurricane season starts— they ought to give very strong consideration to moving up the month of Florida's gasoline tax holiday from October to July. Hang the expense, they said, we can always dip into Florida's share of…

Senate leaders explain shift on Medicaid Support for offering Medicaid to more North Carolinians is a shift in GOP thinking. Here's how N.C. Senators explain it.

May 26, 2022

Senate leader Phil Berger, R- Rockingham, and Sen. "If there's a person in the state of North Carolina who has spoken out against Medicaid expansion more than I have, I'd like to meet that person," Berger said. Krawiec opened her comments by saying "meet the second person who has talked more about not expanding Medicaid in North Carolina, next to.

If gas-tax break is such a good idea, why wait?

May 26, 2022

As our state legislators reassemble for yet another special session this week– this time, dealing with the crisis in property insurance as hurricane season starts– they ought to give very strong consideration to moving up the month of Florida's gasoline tax holiday from October to July. Hang the expense, they said, we can always dip into Florida's share of…

DeSantis' insurance reforms pass; will theywork?

May 26, 2022

Ron DeSantis to stem a growing crisis, Florida lawmakers delivered property insurance reforms sought by the governor and largely favored by the insurance industry. The solution lawmakers came up with is a bill that the Senate sponsor said is more focused on stabilizing struggling insurers than delivering immediate rate relief. The legislation, which…

Surfside bill added to Florida special session agenda

May 26, 2022

Lawmaker returned Monday to Tallahassee to address Florida's troubled property insurance market, which is ailed by skyrocketing rates and fraudulent claims, among other issues. "I am grateful to all of the legislators and other stakeholders who worked diligently on this issue over the last several months," said outgoing Senate President Wilton Simpson.

DeSantis gets property insurance reforms he wanted; but will they work?

May 26, 2022

Some called the bill a bailout for the home insurance industry, pointing to the $2 billion reinsurance fund. Michael Grieco, D- Miami Beach. Ron DeSantis to stem a growing crisis, Florida lawmakers delivered property insurance reforms sought by the governor and largely favored by the insurance industry.

Florida lawmakers add Surfside legislation to Special Session agenda

May 26, 2022

Lawmaker returned Monday to Tallahassee to address Florida's troubled property insurance market, which is ailed by skyrocketing rates and fraudulent claims, among other issues. "I am grateful to all of the legislators and other stakeholders who worked diligently on this issue over the last several months," said outgoing Senate President Wilton Simpson.

Florida lawmakers add Surfside legislation to session

May 26, 2022

Lawmakers returned Monday to Tallahassee to address Florida's troubled property insurance market, which is ailed by skyrocketing rates and fraudulent claims, among other issues. "I am grateful to all of the legislators and other stakeholders who worked diligently on this issue over the last several months," said outgoing Senate President Wilton Simpson.

Florida lawmakers add Surfside legislation to agenda

May 26, 2022

Lawmakers returned Monday to Tallahassee to address Florida's troubled property insurance market, which is ailed by skyrocketing rates and fraudulent claims, among other issues. "I am grateful to all of the legislators and other stakeholders who worked diligently on this issue over the last several months," said outgoing Senate President Wilton Simpson.

Fla. lawmakers add Surfside legislation to agenda

May 26, 2022

Lawmakers returned Monday to Tallahassee to address Florida's troubled property insurance market, which is ailed by skyrocketing rates and fraudulent claims, among other issues. "I am grateful to all of the legislators and other stakeholders who worked diligently on this issue over the last several months," said outgoing Senate President Wilton Simpson.

Florida's property insurance crisis issues could have been thwarted

May 26, 2022

We're in this situation because instead of using annual legislative sessions to tackle real issues facing Floridians, Florida's leaders have squandered much of their time and spent the rest of it doing favors for big businesses. Here in Florida, our leaders have lost sight of their mission. Over the past several years, Florida's property insurance rates have…

Lawmakers add Surfside bill to special session's agenda

May 26, 2022

Lawmaker returned Monday to Tallahassee to address Florida's troubled property insurance market, which is ailed by skyrocketing rates and fraudulent claims, among other issues. "I am grateful to all of the legislators and other stakeholders who worked diligently on this issue over the last several months," said outgoing Senate President Wilton Simpson.

Florida lawmakers add Surfside legislation to special session agenda

May 26, 2022

Lawmaker returned Monday to Tallahassee to address Florida's troubled property insurance market, which is ailed by skyrocketing rates and fraudulent claims, among other issues. "I am grateful to all of the legislators and other stakeholders who worked diligently on this issue over the last several months," said outgoing Senate President Wilton Simpson.

Legislature advances home insurance reform bills

May 26, 2022

TALLAHASSEE– Efforts by Democrats to include a rate freeze, climate change considerations, increased capital requirements for companies and other proposals in property insurance legislation all failed Tuesday, as the Republican-dominated Florida Legislature moved closer to passing the reform bill sought by Gov. While the Florida Senate was rejecting…

Repair costs in Gaylord to run into millions

May 26, 2022

The tornado that ripped through Gaylord last week is expected to cost millions to repair— and, insurance companies warn, some survivors will be lucky to be able to make them in the next few months. One insurer is estimating a damage payout of up to $10 million to its clients. Meanwhile, the Otsego Community Foundation— through its Tornado Response Fund— is seeking to…

If gas-tax break is such a good idea, why wait?

May 26, 2022

As our state legislators reassemble for yet another special session this week— this time, dealing with the crisis in property insurance as hurricane season starts— they ought to give very strong consideration to moving up the month of Florida's gasoline tax holiday from October to July. Hang the expense, they said, we can always dip into Florida's share of…

DeSantis gets property insurance reforms he requested. Will they work?

May 26, 2022

Ron DeSantis to stem a growing crisis, Florida lawmakers delivered property insurance reforms sought by the governor and largely favored by the insurance industry. The solution lawmakers came up with is a bill that the Senate sponsor said is more focused on stabilizing struggling insurers than delivering immediate rate relief. The legislation, which…

DXC Technology, Lloyd's and IUA Extend Contract to Support Transformation of London Insurance Market

May 26, 2022

-The Shareholders of the London Market Joint Venture- DXC Technology, Lloyd's and the International Underwriting Association, have announced a $465 million USD contract extension to ensure seamless continuity for the activities of London insurance market customers whilst DXC moves forward with the transformation of the market's IT systems.

May 26, 2022
Image shows weather damage
The property insurance market appears to be rebounding in Florida.

Property insurance package passed by Florida lawmakers; Will it work?

After several hours of debate, the Florida House passed a legislative package on Wednesday that addresses property insurance and condominium reforms. The bills are aimed at stabilizing the state’s troubled market.

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