Category: Archive – News

CFO Sink Statement on People’s Trust Consent Order with OIR

Mar 19, 2009

The Office of Florida Chief Financial Officer Alex Sink–March 18, 2009 TALLAHASSEE- Florida Chief Financial Officer Alex Sink today released the following statement in response to the Office of Insurance Regulation’s (OIR) Consent Order with People’s Trust Insurance Company: “The …

NAIC To Revisit Credit Scoring

Mar 18, 2009

National Underwriter–March 17, 2009 BY PHIL GUSMAN SAN DIEGO – The National Association of Insurance Commissioners Executive Committee has voted to revisit the controversial issue of insurers’ use of consumers’ credit information to determine their rates. At the NAIC’s Spring …

People’s Trust ordered to stop writing policies

Mar 18, 2009

South Florida Business Journal–March 18, 2009 Boca Raton-based People’s Trust Insurance has agreed to stop writing property insurance policies in the state until it complies with a consent order it signed with the Florida Office of Insurance Regulation. A state …

Study: Florida would save money by boosting primary care

Mar 18, 2009

Florida could save $700 million a year by providing more basic screenings and preventive care, researchers say. BY JOHN DORSCHNER Miami Herald–March 14, 2009 Legislators are expected to receive next week a research paper that concludes the state could save …

2 Miami-Dade doctors, 2 assistants convicted of Medicare fraud

Mar 18, 2009

A federal jury said two Miami-Dade doctors and two medical assistants filed $5.3 million in bogus Medicare claims. By JAY WEAVER Miami Herald–March 18, 2009 They manipulated blood samples. Falsified medical records. Wrote prescriptions for HIV patients who didn’t need …