Category: Archive – Seminars

New bill could expand state’s power over insurers

Mar 27, 2008

South-Florida Sun-Sentinel–Mar. 25, 2008 By Julie Patel TALLAHASSEE The Senate Banking and Insurance Committee approved a bill Tuesday that would make sweeping property insurance changes in Florida. The bill would expand the state’s power to suspend and fine insurers that …

Report: Citizens to issue bonds

Mar 27, 2008

Orlando Business Journal–Mar. 26, 2008 Florida’s state-run property insurer may be taking steps to insure that it has funding to pay claims immediately after a hurricane. The board of governors of Citizens Property Insurance Corp. authorized the sale of between …

Insurance rule changes shouldn’t have bad impact

Mar 26, 2008

Florida Today–Mar. 26, 2008 BY JOHN McCARTHY and KIMBERLY C. MOORE The news last week that companies that insure mortgages were tightening their regulations in Brevard County left some wondering whether they would still be able to get mortgages to …

EDITORIAL: Our view: Fleeced again

Mar 26, 2008

Florida Today–Mar. 26, 2008 Get ready to pay for state bailout if a big hurricane rolls through Florida this year You don’t have to tell Florida residents they’re getting the shaft from insurance companies on their homeowner policies for hurricane …

Fla. Panel Moves To Limit Homeowner CAT Exposure

Mar 26, 2008

National Underwriter–Mar. 35, 2008BY MATT BRADYNU Online News Service Legislation aimed at reducing Florida homeowners’ exposure to increased assessments to support the state’s Hurricane Catastrophe Fund in the event of a major storm won unanimous approval in the Senate Banking …

Citizens rate lock advances

Mar 26, 2008

Palm Beach Post–Mar. 26, 2008By MICHAEL BENDER and RANDY DIAMONDPalm Beach Post Staff Writers TALLAHASSEE — Windstorm premiums would be capped for another year for homeowners with state-backed insurance, but Floridians covered by private carriers could see a rate hike …

Senate bill pressures home insurers

Mar 26, 2008

A variety of measures would tighten state control in an effort to restrict rate increases. Aaron DeslatteTallahassee BureauOrlando Sentinel–Mar. 26, 2008 TALLAHASSEE The Senate Banking and Insurance Committee on Tuesday advanced a package of changes to keep pressure on insurers …

Florida Cabinet Meeting: March 25

Mar 25, 2008

On Tuesday, March 25, 2008, the Florida Cabinet met in Tallahassee, Florida to discuss several insurance-related matters. Below is a brief recap of the pertinent items and related action taken by the Cabinet. To view a copy of the complete …

Citizens Board of Governors Meeting

Mar 25, 2008

Citizens Property Insurance Corporation will hold a Board of Governors meeting on Tuesday, March 25, 2008, starting at 8 a.m. via teleconference. The call-in number is (888) 295.6211. Items to be discussed include pre-event liquidity financing. PLEASE NOTE: This meeting …