Category: Florida News

Insurance Journal–Feb. 20, 2008 Florida Insurance Commissioner Kevin McCarty has ordered six workers’ compensation insurance companies to return $4.2 million in what his agency says are excessive profits to their policyholders. By law, workers’ compensation insurers operating in Florida are …

Bradenton Herald–Feb. 21, 2008 Headlines and reports of government leaders and oversight agencies battling the insurance industry, insurance companies on trial for alleged conspiracy and withholding documents, allegations of massive profits by private companies and profiteering on the backs of …

Claims Magazine–Feb. 20, 2008By Eric Gilkey, Managing Editor Citizens Property Insurance Corporation, Florida ’s largest insurer and government-funded insurer of last resort, has cancelled its request for proposals for claim administration services for daily claims. In a posting on its …

Worried that it couldn’t pay for a big hit, state may reduce its fund that aids insurers Herald Tribune–Feb. 21, 2008 TALLAHASSEE This is the first in a series of stories looking at major issues facing the Florida Legislature, which …

Advisers warn weak financial markets may harm any plan. By PAIGE ST. JOHNNYT REGIONAL MEDIA GROUPThe Ledger–Feb. 21, 2008 TALLAHASSEE | Still miffed that their gamble to reduce out-of-control insurance premiums largely failed last year, Florida lawmakers are about to …

The Citizens Property Insurance Corporation (“Citizens”) held a Board of Governors (“Board”) meeting on Thursday, February 21, 2008 to discuss revised investment guidelines and a study conducted by KPMG and the resultant report entitled “The Customer Service Experience Project Report …

  To view a complete story, click on a headline below: Lawmakers To Tackle Insurance Once Again Advisers warn weak financial markets may harm any plan. Still miffed that their gamble to reduce out-of-control insurance premiums largely failed last year, …

Notice of Meeting/Workshop Hearing OTHER AGENCIES AND ORGANIZATIONSCitizens Property Insurance CorporationThe Citizens Property Insurance Corporation, Board of Governors announces a telephone conference call to which all persons are invited.DATE AND TIME: February 21, 2008, 8:30 a.m.PLACE: Conference Call: 1(888)295-6211GENERAL SUBJECT …

The Florida House Jobs & Entrepreneurship Council will hold a meeting on Thursday, February 21, 2008 from 9:00-10:00 a.m. in Morris Hall, Tallahassee, Florida to discuss a proposed committee bill on Florida Hurricane Catastrophe Fund Risk Reduction.

The Florida Workers’ Compensation Joint Underwriting Association will hold a Rates and Forms Committee meeting on Thursday, February 21, 2008 at 10:00 a.m. The purpose of the meeting is to discuss reserves and rates, and to receive a legislative update. …