October 27, 2016


Office Takes Action on Workers' Compensation Insurance Rates

After a thorough review of the workers' compensation insurance rate filing submitted by the National Council on Compensation Insurance (NCCI) and careful consideration of hundreds of public comments and testimony received from interested stakeholders, the Florida Office of Insurance Regulation (Office) has issued an Order that gives contingent approval to an overall combined average statewide rate increase of 14.5% versus the requested 19.6%. Read more »
Published on 9/28/2016

HHS analysis shows Floridians will still have affordable health coverage options next year

An estimated 82% percent of Florida consumers could still purchase a plan for less than $75 per month, even if all final rates were to increase by double digits. Read more »
Published on 8/24/2016

Worker comp insurers looking for 19 percent rate hike

Insurance researchers are recommending a nearly 20 percent hike in workers compensation rates. The increase comes in the wake of recent court decisions. Read more »
Published on 8/17/2016

Until the wind blows: Floridians have choices for property insurance

Floridians now have more choices than just state-run Citizens. Read more »
Published on 6/28/2016

Citizens Board approves 2017 rates

Citizens Board of Governors on Wednesday approved recommended rates for 2017 that respond to rising non-weather water losses and assignment of benefit abuse that left unchecked will force rate hikes for years to come. Read more »
Published on 6/23/2016

Citizens Property Insurance releases 2017 Rate Media Kit

Citizens Property Insurance Corporation's Board of Governors on Wednesday will be asked to approve a 2017 rate package that reflects the impact of skyrocketing non-weather related water loss claims in South Florida, a troubling trend that appears to be spreading to other parts of the state. Read more »
Published on 6/22/2016

Florida health insurance rate changes

Jonathan Gold, Press Secretary at the U.S. Department of Health and Human Services issued the following statement on Florida health insurance rate changes. Read more »
Published on 5/25/2016

FOIR approves removal of up to 15,000 policies from Citizens for July 2016 take-out

The Florida Office of Insurance Regulation (Office) has approved the removal of up to 15,000 personal residential policies from Citizens Property Insurance Corporation (Citizens) for the July 19, 2016 take-out period. Read more »
Published on 5/5/2016

Health Insurance Marketplace gained 731,000 new Floridians

Newly released data also shows active shoppers saved $260 in Florida. Read more »
Published on 3/15/2016

Florida Is the state with the 3rd-highest uninsured rate post-Obamacare

With the third open-enrollment period for health insurance upon us and 11.7 percent of the U.S. population still lacking coverage, the personal finance website WalletHub conducted an in-depth analysis of 2015's States with the Highest & Lowest Uninsured Rates. Read more »
Published on 11/10/2015

Florida property insurers pass hurricane 'stress tests'

Florida Office of Insurance Regulation Stress test data reconfirms the financial strength of Florida home insurers. Read more »
Published on 10/27/2015

Florida is the 8th-most expensive state for car insurance

Florida drivers pay 12% more than the national average. Miami-Dade County (56% above the Florida average) has the most expensive car insurance in the state. Alachua County (32% below the Florida average) has the cheapest. Read more »
Published on 4/27/2015

The Effect of Changes in the National Flood Insurance Program on Florida

Last year, the U.S. Congress passed the Biggert-Waters Flood Insurance Reform Act, which extends the National Flood Insurance Program (NFIP) for five years and makes changes to the program's major components, including flood insurance, flood hazard mapping, grants, and management of floodplains. [November 2013] Read more »
Published on 11/20/2013

Calculations and choices for health insurance

Editor's column by Mark Howard Read more »
Published on 9/5/2013

A disrupted health care market in Florida

A cornerstone of the Affordable Care Act is the new health care exchanges that will sell insurance online to individuals and small businesses. Read more »
Published on 9/3/2013

An Affordable Care Act case study

To illustrate the choices that companies face under the Affordable Care Act, consider a hypothetical firm, Florida Inc... Read more »
Published on 9/3/2013

Opportunity amid uncertainty in Florida's health care

What do you do when the government decides to become your biggest competitor? Read more »
Published on 9/3/2013

Insurance overhaul impact on a large employer: Bealls

Because of the ACA, Bealls says they will enforce a strict 30-hour workweek on part-time workers. Also, health care costs for full-time workers will increase. Read more »
Published on 9/3/2013

Insurance overhaul impact on a midsized employer: Firehouse Subs

Because of the ACA, Firehouse Subs will likely have to ask full-time employees to pay a portion of their health care premiums. Read more »
Published on 9/3/2013

Insurance overhaul impact on a small employer: Aegis Business Technologies

Pam Butler, business owner of Aegis, is not planning any changes to employee's health care coverage. Read more »
Published on 9/3/2013

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An overview of the features and articles in this month's issue of Florida Trend.


Florida Business News

Florida Trend Video Pick

A race to save the Key deer from grisly screwworm outbreak
A race to save the Key deer from grisly screwworm outbreak

In a Winn-Dixie strip mall just off the Overseas Highway, a storage room at the National Key Deer Refuge visitor center has become the first stop in an expanding campaign against a ghastly screwworm infecting the planet’s last herd.

Earlier Videos | Viewpoints@FloridaTrend

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