Category: Florida News

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 …

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 …

  To view a complete story, click on a headline below: Report: Citizens to issue bonds Florida’s state-run property insurer may be taking steps to insure that it has funding to pay claims immediately after a hurricane. New bill could …

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 …

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 …

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 …

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 …

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 …

  To view a complete story, click on a headline below: Senate bill pressures home insurers A variety of measures would tighten state control in an effort to restrict rate increases. The Senate Banking and Insurance Committee on Tuesday advanced …

On March 25, 2008, the State Board of Administration, Florida Hurricane Catastrophe Fund (“FHCF”) held a Proposed Rule Hearing regarding Rule 19-8.010, F.A.C., Reimbursement Contract (“Contract”) and amendments to certain Rules for the 2008-2009 Contract Year. A meeting of the …