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After some Florida insurance companies were accused of shortchanging customers’ claims after Hurricane Ian last year, Gov. Ron DeSantis and state regulators are warning insurance companies to ...
The state Office of Insurance Regulation’s July 1 Property Insurance Stability Report shows the number of filings for intent to initiate litigation has not been a straight decrease since the ...
Two Florida lawmakers blame insurance companies — not new state law — for helping to fuel a condo crisis that has hit owners with rising fees and assessments in high-rise buildings. State Sens ...
According to the State of Florida's complaint, Southeast Bank – at the insurer's request – falsified its December 31, 1986 portfolio summary. Abraham J. Briloff, CPA, noted, "The change made it appear that the bank was holding $292 million in Treasury bonds for GSLIC on that date, even though the bonds weren't in the bank's possession."
A 2021 analysis by then-Florida Insurance Commissioner David Altmaier found that Florida made up 8% of the nation’s homeowners’ claims in 2019, but 76% of its lawsuits.
According to the State of Florida’s complaint, Southeast Bank – at the insurer’s request – falsified its December 31, 1996 portfolio summary. Abraham J. Briloff, CPA, noted, “The change made it appear that the bank was holding $292 million in Treasury bonds for GSLIC on that date, even though the bonds weren’t in the bank’s ...
Florida Department of Financial Services (FLDFS) is a state agency of Florida. Its headquarters are in Tallahassee . [ 1 ] In 2002 the Florida Legislature merged the Department of Insurance, Treasury and State Fire Marshal and the Department of Banking and Finance into one department, the Florida Department of Financial Services.
Citizens had over 1.2 million policies in force as of June, according to data from the Florida Office of Insurance Regulation (FLOIR), up from roughly 1.14 million policies at the end of 2022.
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