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The state is focusing on “bad actors” who take advantage of homeowners, insurance commissioner Jim Donelon said during a press conference.
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High-impact rate filings in California have driven increases nationwide.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The bill passed 23-15 in the state’s Senate on Thursday, after passing the House last week.
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His predecessor Consedine announced his resignation as CEO earlier in March.
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On Thursday, the bill passed 23-15 in Florida's Senate, after passing the House last week.
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Inside P&C’s news team runs you through the key highlights of the week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Not only could raising venture debt become increasingly difficult for the sector, but InsurTech companies could also struggle to access their credit lines.
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Though insurers are not heavily invested in Silicon Valley Bank, Signature Bank, or in other regional banks at risk of contagion, the developing macroeconomic situation could impact P&C carriers more significantly.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Yaworsky has served as interim insurance commissioner since being nominated by Governor Ron DeSantis last month.