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Crist to sue property insurers

Gov. Charlie Crist has asked three trial lawyers to sue some property insurers doing business in Florida, possibly with a class-action lawsuit, because he believes they are in violation of new laws...

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Senate orders insurance execs to testify

A Senate select committee issued letters to five insurance industry executives on Tuesday ordering them to appear under oath next month to answer questions about property insurance rate filings. The...

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Crist to Allstate agents: Too bad

Gov. Charlie Crist reiterated his advice to Floridians to shun Allstate Insurance companies and showed little empathy this morning for companies’ 1,200 agents and salesmen in the state whose income...

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Senate prez gets earful from State Farm agent

Senate President Jeff Atwater got an earful from a combative State Farm agent at what was supposed to be a routine Q and A with T-Coast leaders. State Farm agent Bill Knight peppered Atwater, who has...

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Crist likely to veto insurance bill

Gov. Charlie Crist said today he will likely veto an insurance deregulation bill that consumer advocates charge will lead to rate increases. Crist said he will probably not sign HB 1171 that would give...

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Crist tells CNBC Florida population decline “not that big a deal”

Gov. Charlie Crist performed as the Sunshine State’s chief pitch-man, blowing off Florida’s historic population loss and touting the fine weather in a CNBC interview this morning. Florida saw a drop of...

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Industry cheers Scott’s signature of property insurance overhaul bill

Gov. Rick Scott signed into law today a sweeping property insurance measure (SB 408) hailed by the insurance industry but denounced by consumer groups. Critics say the new law, which goes into effect...

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Scott demands plan for shrinking Citizens Insurance

Calls for revamping Citizens Property Insurance Corp., the state-run carrier for those who can’t find private coverage, has been a rite of spring in Tallahassee for years. But Gov. Rick Scott on...

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House ‘opts in’ to Citizens surplus lines, killing bill

The House sponsor of a bill aimed at reducing the number of homeowners covered by Citizens Property Insurance opted to kill the measure (HB 245) rather than allow the state-run insurers’ customers to...

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Negron doesn’t buy insurers ‘apocalypse’ claims, meaning tax break may be doomed

When Senate budget chief Joe Negron rolled out a plan last week to eliminate a longtime tax break for the insurance industry and use the savings to reduce motorist fees, insurers were caught by...

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