Tuesday s Daily Pulse | 4/20/2021
How restaurants in Florida have dealt with COVID-19 amidst few regulations
Florida has had some of the fewest COVID-19 restrictions in the entire country of the United States. While this affording Floridians a lot of freedom during this time, it leads to unnecessary risk and some conundrums when it comes to businesses such as bars and restaurants. It has made it difficult to manage restaurant guest expectations during COVID-19. Restaurants have been forced to follow their own rules and regulations when it comes to virus protocol. This has led to varying results. [Source: South Florida Caribbean News]
TALLAHASSEE A proposal to end the state’s no-fault auto insurance system got a boost Monday as the House took up most of a plan that the Senate passed last week.
While insurance-industry lobbyists contend the change could increase rates for many Florida motorists, the House Judiciary Committee in an 18-2 vote backed an amended bill (HB 719) that would eliminate the no-fault system and the requirement that motorists carry personal-injury protection, or PIP, coverage.
Under the proposal, motorists would be required to purchase bodily injury coverage, which many already have in their policies. But while House members approved the proposal, some expressed concern about a lack of updated information about the financial impact of the bill.
Florida insurance lawsuit data misleading, expert says orlandosentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orlandosentinel.com Daily Mail and Mail on Sunday newspapers.
How did we move in just five years from a vibrant market where financially solid companies competed for business to an unhealthy environment where policyholders who have never filed a claim are being dropped or see their premiums jump by 30, 40, 70 percent in a year?
Recently, we got an answer.
The Florida Office of Insurance Regulation reviewed 750 insurance companies from around the country. It found that Florida accounted for only 8 percent of all claims filed nationwide in 2019, but nearly 76 percent of all lawsuits. That number, taken from data gathered by the National Association of Insurance Commissioners, is not only mind-blowing but clearly unsustainable unless Floridians accept the level of rate increase we are seeing today.
Florida is the source of most insurance lawsuits in the U S orlandosentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orlandosentinel.com Daily Mail and Mail on Sunday newspapers.