Legislators are getting tougher on insurers who deceive customers. Tuesday in Tallahassee legislation passed through a senate committee that would raise the penalties for insurance companies that knowingly mislead or over charge customers. The bill would allow insurance regulators to charge a company as much as 100,000 dollars a day every day the company isn?t in compliance with Florida?s Insurance Code. The legislation is just a one of several bills amid at inflicting stricter penalties and regulations on insurers.<\/p>\n

?All of the packages send a message that we?re very, very, very concerned,? said State Senator Mike Bennett. ?We?re tired of you (insurers) making excess profits on the backs of the Florida consumer, and that?s really the message we?re trying to send.?<\/p>\n

Earlier this year a special senate committee grilled insurers about why insurance rates in Florida went up during at a time when rates were suppose to decrease.<\/p>\n","protected":false},"excerpt":{"rendered":"

Legislators are getting tougher on insurers who deceive customers. Tuesday in Tallahassee legislation passed through a senate committee that would raise the penalties for insurance companies that knowingly mislead or over charge customers. The bill would allow insurance regulators to charge a company as much as 100,000 dollars a day every day the company isn?t […]<\/p>\n","protected":false},"author":20,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,4,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.flanews.com\/wp-json\/wp\/v2\/posts\/1892"}],"collection":[{"href":"https:\/\/www.flanews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.flanews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.flanews.com\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/www.flanews.com\/wp-json\/wp\/v2\/comments?post=1892"}],"version-history":[{"count":0,"href":"https:\/\/www.flanews.com\/wp-json\/wp\/v2\/posts\/1892\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.flanews.com\/wp-json\/wp\/v2\/media?parent=1892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.flanews.com\/wp-json\/wp\/v2\/categories?post=1892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.flanews.com\/wp-json\/wp\/v2\/tags?post=1892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}