Category: Archive – Seminars

Risk Rates Rule Hearing

Jul 25, 2008

The Florida Department of Financial Services, Office of Insurance Regulation has issued a Notice of Proposed Rule Hearing regarding the following Rules: 69O-149.205: Indemnity Standard Risk Rates 69O-149.206: Preferred Provider/Exclusive Provider Standard Risk Rates 69O-149.207: Health Maintenance Organization Standard Risk …

Insurance Rate Increase Divides Florida Lawmakers

Jul 24, 2008

The Tampa Tribune–July 24, 2008 By RUSSELL RAY TAMPA – After 24 years with State Farm, Brenda Harding is being dropped by the company she’s come to trust like an old friend. "They’ve always been there for me, like the …

Rolling retaliation for State Farm

Jul 24, 2008

St. Petersburg Times–July 23, 2008By Tom Zucco, Times Staff Writer When State Farm denied the sinkhole claim on Dave Bowers’ Port Richey home two years ago, he decided that venting to his friends just wasn’t enough. He had to take …

EDITORIAL: Insurance rate-hike request over the top

Jul 24, 2008

OUR OPINION: STATE REGULATORS MUST CONSIDER ALL RELEVANT FACTORS Miami Herald–July 24, 2008 There is a silver lining in State Farm Florida Insurance Co.’s request to hike windstorm policy rates by as much as 70 percent in some areas: The …

Brown & Brown Pays Dividend

Jul 24, 2008

National Underwriter–July 24, 2008 Daytona Beach, Fla., insurance broker Brown & Brown Inc. has declared a regular quarterly cash dividend of 7 cents a share payable on Aug. 20 to shareholders of record as of Aug. 6. The broker reported …

Florida Zero-Collateral Rule Moves Ahead

Jul 23, 2008

National Underwriter–July 22, 2008 BY DANIEL HAYS Foreign reinsurers with triple-A ratings from two rating firms would not have to post collateral under a new Florida Office of Insurance Regulation published Friday. Florida and New York, in advance of action …

Storm-watch tool goes public

Jul 23, 2008

Watch hurricane center’s Web site as tropical waves grow stronger BY JIM WAYMERFlorida Today–July 23, 2008 Before 2004, few would have paid much attention to tropical waves peeling off Africa’s west coast. Thirty hurricanes later, such disturbances elicit a bit …

Senate Panel To Commence Insurance Regulation Hearings

Jul 23, 2008

National Underwriter–July 23, 2008 BY ARTHUR D. POSTAL WASHINGTON —The Senate Banking Committee will hold a long-awaited hearing on insurance regulatory issues next Tuesday, and so far full details of the proceedings remain under wraps. Industry lobbyists said the scope …

Families yield in Port St. Lucie shutter squabble

Jul 23, 2008

Palm Beach Post–July 22, 2008 By TERESA LANEPalm Beach Post Staff Writer PORT ST. LUCIE — Art and Doris Haendel will interrupt their North Carolina vacation next week to drive home and open the accordion shutters on their Kings Isle …