Category: Archive – News

Bernanke Says Federal Regulators Lack Power Over Insurers

Feb 26, 2009

National Underwriter–February 25, 2009 BY ARTHUR D. POSTAL WASHINGTON-Federal regulators lack the power to deal appropriately with insurers and other non-banking institutions that get into the kind of financial trouble that can pose grave risks to the entire economy, and …

Commercial Insurance To Benefit From Stimulus Package

Feb 26, 2009

National Underwriter–February 25, 2009 BY PHIL GUSMAN Workers’ compensation will likely be the principal property-casualty line to benefit most from the economic stimulus package signed into law by President Barack Obama, according to Insurance Information Institute president Robert Hartwig. Mr. …

Lawmakers scramble to nullify workers’ compensation fee hike

Feb 26, 2009

Miami Today–Week of February 26, 2009 By Zachary S. Fagenson A late 2008 Florida Supreme Court ruling may have businesses reaching deeper into their pockets to cover workers’ compensation insurance. Florida Insurance Commissioner Kevin McCarty announced Feb. 10 that a …

Lawmakers to Consider Reducing Fla. Pollution

Feb 26, 2009

The Ledger–February 24, 2009 By BRIAN SKOLOFFThe Associated Press WEST PALM BEACH | With much of this peninsular state situated at or below sea level, parts of Florida could disappear under water if global warming predictions indicating significant sea level …

THE NEWS SERVICE OF FLORIDA: February 24 Briefs

Feb 24, 2009

THE NEWS SERVICE OF FLORIDA:   SANSOM COMPLAINANT TARGETS KOTTKAMP A Clearwater Democratic activist who filed an complaint with the state ethics commission about Rep. Ray Sansom’s ties to a state college he is accused of steering money to has now …

Fla. OIR Ponders Next Move On Credit Scoring

Feb 23, 2009

National Underwriter–February 20, 2009 BY PHIL GUSMAN The Florida Office of Insurance Regulation (OIR) will review testimony on use of consumer credit information as an auto insurance rating factor, but has no timeline yet regarding when, or if, it will …