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David Altmaier unsure on Obamacare’s future in Florida

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Florida Insurance Commissioner David Altmaier won’t commit to an answer on Obamacare being a long-term solution to the Sunshine State’s health insurance needs. When asked Tuesday whether the insurance regime set up by the Affordable Care Act (ACA) could be salvaged, Altmaier said “that will take a little bit more conversation; I don’t know that I’m ready to say one way or the other.” The commissioner spoke with reporters after his appearance at a Florida Cabinet meeting. Earlier this month, the Office…

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Public Service Commission nominees down to 3, Rick Scott to decide winner

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Three candidates won nominations Wednesday to sit on the Florida Public Service Commission. Their names go to Gov. Rick Scott, who will make the final selection. The top vote-getter during a meeting in Orlando of the PSC Nominating Council was Donald Polmann, with eight votes. The Dunedin resident is a registered professional engineer with three degrees, including a doctorate in civil engineering from the Massachusetts Institute of Technology (MIT). He wrote a chapter for a scholarly book on water use and supply.…

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Attorneys defend Florida Supreme Court decision on workers’ comp rate increase

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Trial attorneys mounted an ardent defense Tuesday of Florida Supreme Court rulings blamed by business interests for threatening an increase in workers’ compensation insurance premiums of nearly 20 percent. Mark Touby, a Coral Gables attorney who helped persuade the justices to eliminate a limit on attorney fees in workers’ compensation cases, insisted during a public hearing that claimants wouldn’t need to hire lawyers if insurance companies played fair. “The carriers are the ones making these decisions. They wrongfully denied benefits…

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Open government activists back legal challenge to worker’s comp rate increase

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A leading open-government advocate offered strong support Monday for a legal challenge to a proposed workers’ compensation insurance premium increase of nearly 20 percent. “I think he’s got a cause of action,” First Amendment Foundation President Barbara Peterson said of Miami attorney James Fee, who is challenging the rate hike on open-government grounds. Fee filed suit in Miami-Dade Circuit Court last week alleging that the National Council on Compensation Insurance broke state open meetings and open-records laws when calculating its…

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Insurance Council counters challenge to big workers’ comp rate hike

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An insurance industry council moved Monday to block a legal challenge to proposed workers’ compensation premium increases of nearly 20 percent, warning that delay would threaten the solvency of Florida’s system for compensating injured workers. The state Office of Insurance Regulation is scheduled to take up the rate hike Tuesday morning in Tallahassee. Delay, the National Council on Compensation Insurance warned, “could cause severe public harm, as workers’ compensation rates are currently not adequate to meet claims.” The group said…

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Insurance Commissioner David Altmaier has rare chance to bust Florida workers’ comp cartel

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Florida’s new insurance commissioner has a rare, meaningful and high-stakes opportunity to earn his chops and establish his credibility for years to come. He can demonstrate he has the mettle to stand up to the insurance industry to the benefit of both consumers and the business community. How often does that happen? Just three months into his tenure in one of the most consequential jobs in Florida, state Insurance Commissioner David Altmaier can flex his regulatory muscle and prove his…

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Insurance interests “look forward” to new commissioner

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Insurance-related concerns reacted with cautious optimism to Friday’s naming of David Altmaier as Florida’s new Insurance Commissioner. “The Personal Insurance Federation of Florida is committed to working with the new commissioner to increase the health and stability of the property and casualty insurance market in Florida,’’ Executive Director Michael Carlson said in a statement. The group represents Allstate, Castle Key, Progressive and State Farm insurance companies in Florida. It says its members write “nearly half of all auto policies in Florida…

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Insurers prepare for Irma aftermath

Insurance companies are prepared to meet Floridians’ needs after Hurricane Irma, state Chief Financial Officer Jimmy Patronis and Insurance Commissioner

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