Category: Florida Insurance and Political Headlines

    To view a complete story, click on a headline below:   Americans for Tax Reform: Billion-dollar beach-house bailout Rich who choose high-risk property should pay to protect themselves Congress will soon consider a $200 billion bailout aimed at …

    To view a complete story, click on a headline below:   Florida’s Crist Opposes, Bush Backs Bill Deregulating Insurance Prices Tallahassee politicians must ensure a robust private property insurance market to avoid a financial disaster if a major …

    To view a complete story, click on a headline below:   Citizens has successful bond pre-sale Amid predictions of an active hurricane season this year, Citizens Property Insurance Corp. is bulking up its reserves with a $2.4 billion …

  Above:  State Representative Will Weatherford, R-Wesley Chapel (right), confers with Rules and Calendar Council Chair, State Representative Bill Galvano, R-Bradenton, during a floor session on March 23, 2010.  Representative Weatherford is the sponsor of HB 1509, which relates to economic development …

This article appeared in National Underwriter on March 29, 2010: By PHIL GUSMAN DENVER-The National Association of Insurance Commissioners (NAIC) plans to release a draft white paper on Chinese drywall problems by the summer, the association’s Catastrophe Insurance Working Group …

    To view a complete story, click on a headline below:   Florida insurers’ fees to affiliates questioned Consumer advocates call for more scrutiny as insurers report losses and request rate hikes Florida property insurers are pressing state legislators …

    Recent media coverage relating to insurance company financial reporting is reprinted below.  Letters to the Editor written by various insurance company representatives are also included.   Florida Today:  March 23 Our views: Don’t deregulate A bad property insurance bill …

Following are news articles published on March 28 and 29, 2010 on issues relating to payment of fees by Florida insurance companies to affiliates: Florida insurers’ fees to affiliates questioned Consumer advocates call for more scrutiny as insurers report losses and request …

    Effective responses to dire situations often require bold actions that would be unthinkable in calmer times. So it was in the financial crisis, when central banks undertook extraordinary monetary policy measures and governments made major financial firms wards …

    To view a complete story, click on a headline below:   Florida Hurricane Insurer Offers $2 Billion of Tax-Exempt Bonds Florida’s government-owned Citizens Property Insurance Corp., bracing for an “above-normal” hurricane season, plans to sell $2 billion in …