Florida lawmakers could target attorney fees - Jacksonville Business Journal

, R-Palm Coast, released a formal session proclamation Tuesday that listed a series of hot-button insurance issues that could be considered.

Citizens was created as an insurer of last resort. With companies dumping hundreds of thousands of policies to reduce financial risks — and six insurers going insolvent since February — Citizens has seen its policy count grow from 542,739 in December 2020 to 1.13 million as of Friday. also said a major challenge is drawing investment capital into the market. At the same time, insurers are seeing large increases in the costs of reinsurance, backup coverage that plays a critical role in Florida.

During a call with reporters Tuesday, House Democrats argued lawmakers need to address rate increases, push for a national catastrophic risk pool, ensure homeowners are better educated on their policies and reduce the dependence on Citizens., an attorney from Dania Beach who specializes in property insurance law, said the government and insurance companies need to be more accountable for their actions. She pointed to the state Office of Insurance Regulation.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Breeze Airways adds new routes from Jacksonville, brings others back - Jacksonville Business JournalThe changes come as the airline is expanding at airports around the country.
Fonte: JaxBizJournal - 🏆 599. / 51 Consulte Mais informação »

Breeze Airways adds new routes from Jacksonville, brings others back - Jacksonville Business JournalThe changes come as the airline is expanding at airports around the country.
Fonte: JaxBizJournal - 🏆 599. / 51 Consulte Mais informação »

These two Jacksonville-area hospitals are top for maternity care - Jacksonville Business JournalUS News and World Report has expanded its hospital ranking to look at maternity care. Here's the local hospitals who ranked the highest.
Fonte: JaxBizJournal - 🏆 599. / 51 Consulte Mais informação »

Florida insurance needs long-term solutions, AM Best report says - Jacksonville Business JournalA financial-ratings agency issued a report Thursday that warned about the possibility of additional insolvencies of property insurers.
Fonte: JaxBizJournal - 🏆 599. / 51 Consulte Mais informação »

Aviation trends this year - Jacksonville Business Journal2022 began Jacksonville International's climb out of the depths of Covid. Here's where things stand now — and what's on the horizon.
Fonte: JaxBizJournal - 🏆 599. / 51 Consulte Mais informação »

Independent contractor rule could trip up small businesses - Jacksonville Business JournalThe Department of Labor is planning a new rule that could have significant implications for businesses employing independent contractors. Here's what businesses need to know.
Fonte: JaxBizJournal - 🏆 599. / 51 Consulte Mais informação »