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Category Archives: FAIR News

Special Report: Execs Warn of Impending Florida Market Crisis Over Water Loss Claims (Insurance Journal)

FAIR NewsBy FAIRMay 3, 2016127 Comments

Abuse of assignment of benefits (AOB) from water loss claims has become a full-blown Florida insurance crisis that will mean higher insurance rates next year and for the foreseeable future…

David Altmaier’s quick rise to state insurance commissioner (Tampa Bay Times)

FAIR NewsBy FAIRApril 29, 2016159 Comments

Ten years ago, David Altmaier was coaching track and teaching algebra to 9th graders in southern Kentucky. Now at age 34, he is becoming the top insurance regulator in the…

Scott and Cabinet break deadlock, choose new Insurance Commissioner (Palm Beach Post)

FAIR NewsBy FAIRApril 29, 201672 Comments

On their third attempt at reaching a consensus, Gov. Rick Scott and the Cabinetagreed Friday to promote a deputy now on staff to the post of Florida Insurance Commissioner. David…

Eye of the storms: Florida insurance commissioner wields far-reaching power (Miami Herald)

FAIR NewsBy FAIRApril 29, 201617 Comments

It is the most powerful job in state government most people can’t name. Florida’s insurance commissioner has the unfettered ability to affect the cost of living in the state. From…

Insurance commissioner saga is a sideshow at industry conference in Tampa (Tampa Bay Times)

FAIR NewsBy FAIRApril 28, 20161 Comment

Between a Florida Cabinet meeting Tuesday and another special Cabinet meeting Friday, the drama over picking a new state insurance commissioner is shifting momentarily from Tallahassee to Tampa today. Many…

The Florida Association for Insurance Reform hosts an industry conference on the role of Catastrophe Reinsurance and a Wind Exposed Region (Florida Politics – Sunburn blog)

FAIR NewsBy FAIRApril 28, 2016146 Comments

The Florida Association for Insurance Reform hosts an industry conference on the role of Catastrophe Reinsurance and a Wind Exposed Region. Expected to attend are several contenders for Commissioner of…

Scott, Atwater, differ on insurance commissioner (St. Augustine Record)

FAIR NewsBy FAIRApril 28, 2016128 Comments

With hurricane season on the way, exactly when the end is coming for Florida’s current insurance commissioner has become a storm of its own. Amid a tense feud over naming…

Key Florida Players to Highlight Importance of Catastrophe Reinsurance (Insurance Journal)

FAIR NewsBy FAIRApril 25, 201660 Comments

Although the role of catastrophe reinsurance in a wind exposed region is intuitively obvious to an insurance professional and most insurer rating agencies, the need for transparency, education and open…

Who’s Who of Florida insurance industry will headline FAIR conference (Press Release)

FAIR NewsBy FAIRApril 20, 201622 Comments

“The Role of Catastrophe Reinsurance in a Wind Exposed Region” to be held April 28 in Tampa Fort Lauderdale, FL – Top executives from Florida’ insurance industry will share their…

Insurance reform group wants SEC probe of hedge fund manager’s comments (Sun Sentinel)

FAIR NewsBy FAIRMarch 30, 2016128 Comments

FORT LAUDERDALE, FL. March 30, 2016. An insurance reform group is asking the Securities and Exchange Commission to investigate a hedge fund manager’s November “short pitch,” which immediately preceded a…

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