Category: Florida News
Mar 26, 2008
On March 24, 2008, Fitch Ratings, Inc. released a report entitled “Fitch Comments on Florida Homeowners’ Insurance Market” that details the company’s concerns from a ratings perspective. A copy of the report is attached for your review.  Should you …
Mar 26, 2008
The Florida Office of Insurance Regulation (“OIR”) has issued the information below regarding the promotion of Jim Bennett to OIR Director of Market Investigations. Please do not hesitate to contact this office should you have any comments or questions.  Florida Insurance Commissioner …
Mar 26, 2008
On Tuesday, March 25, 2008, Citizens Property Insurance Corporation held a special Board of Governors (“Boardâ€) meeting to approve documents for the proposed issuance of up to $2 billion of HRA Series 2008A bonds. The meeting was called to order …
Mar 25, 2008
 To view a complete story, click on a headline below:  Senate panel OKs one-year extension of Citizens rate freeze A state Senate panel today approved a one-year extension on rate-hike freezes for Citizens Property Insurance Corp. policyholders. Insurers’ …
Mar 25, 2008
Florida Insurance Commissioner Kevin McCarty issued a statement today, March 25, 2008 regarding this morning’s passage of SB 2860 Relating to Insurance by the Senate Banking and Insurance Committee. A copy of Commissioner McCarty’s statement is reprinted below. Â Should …
Mar 25, 2008
Citizens Property Insurance Corporation (“Citizens”) has issued an assumption calendar for the depopulation of its commercial residential multi-peril account. Based on the recent Order issued by the Florida Office of Insurance Regulation (“OIR”) pertaining to the takeout program, Citizens has …
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 …
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 …
Mar 25, 2008
Notice of Meeting/Workshop Hearing EXECUTIVE OFFICE OF THE GOVERNORThe following state governmental agencies, boards and commissions announce a public meeting to which all persons are invited:State Board of AdministrationFinancial Services CommissionDepartment of Veterans’ AffairsDepartment of Highway Safety and Motor VehiclesDepartment …
Mar 25, 2008
The Florida Cabinet will hold a meeting on Tuesday, March 25, 2008 starting at 9 a.m. in the Cabinet Meeting Room, Lower Level, The Capitol, Tallahassee, Florida. The following entities with insurance-related items are on the agenda, a complete copy …