After a contentious and bumpy process that saw Florida’s top Republican officials deadlock several times, the state has a new insurance commissioner just weeks before the start of hurricane season. During an emergency meeting on Friday, Gov. Rick Scott and …
Thanks to an arcane state law, Florida could enter hurricane season with no one firmly in charge of the state agency responsible for regulating the state’s at-times fragile insurance industry. The reason? The two Republican elected officials responsible for picking …
Kevin McCarty, who helped guide Florida’s fragile insurance market in the wake of eight hurricanes a decade ago, announced Tuesday that he is resigning as the state’s insurance commissioner. During his 13-year tenure, McCarty dealt with the near collapse of …
Florida regulators are approving a drop in workers’ compensation insurance rates. Insurance Commissioner Kevin McCarty this past week announced that he was approving a rate drop for insurers that provide coverage for on-the-job injuries. Rates will drop overall by 5.2 …
Florida Insurance Commissioner Kevin McCarty says homeowner rates in the state are coming down. McCarty on Wednesday gave a report to Chief Financial Officer Jeff Atwater that looked at annual rate filings made by 30 of the state’s insurance companies. …
Florida’s insurance commissioner is trying to explain why homeowner property insurance rates aren’t coming down. Kevin McCarty on Friday responded to one of his bosses about insurance costs. Chief Financial Officer Jeff Atwater last week asked why rates weren’t coming …