Category: Florida News

Photo: Michael Democker / Times-Picayune Above:  Louisiana Governor-elect Bobby Jindal greets a crowd of supporters while surrounded by family at a victory party in Baton Rouge Saturday night. From CNN/The Associated Press    Louisiana elects first nonwhite governor since Reconstruction …

Click on a headline to read the complete story:   State House puts off property tax deal with Senate The property-tax plan that limped out of the state Senate has been panned as mediocre — as doing both too much …

Click on a headline to read the complete story:   No real progress on tax plan The Senate passes a proposal, but nobody’s really happy about it. TALLAHASSEE – The Florida Senate passed a property tax cut package Wednesday that …

The Office of Insurance Regulation (“OIR”) is repealing Rule 69O-186.017, titled “Certificate of Mortgage Releases,” given that the authorizing statute has been repealed.  At this time, no Summary of Statement of Estimated Regulatory Costs has been prepared. If requested in …

The Office of Insurance Regulation (“OIR”) scheduled a hearing on Proposed Rules 69O-149.003-.005 and .007 (Health Rate Filings) on October 18, 2007.  However, the Hearing was cancelled because the OIR had mistakenly published the wrong version of the Proposed Rules.  …

In a meeting earlier this week, the Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council (“Council”) was advised that the FHCF reorganization proposal by Florida’s Chief Financial Officer (“CFO”) Alex Sink is intended to increase the ability of the FHCF to …

Click on a headline to read the complete story:    White House Now Backs TRIA Extension WASHINGTON—The Bush administration late yesterday effectively threw in the towel to its opposition to an extension of legislation providing federal support for insurers after …

Citizens Property Insurance Corporation(“Citizens”) is reminding insurers and agents of the Florida Office of Insurance Regulation (“OIR”) deadlines and requirements for pending assumption dates.  In order to participate in the assumption process, all required material must be submitted to the OIR …

Click on a headline to read the complete story:   Allstate under state investigation TALLAHASSEE – Florida regulators have included Allstate in the state investigation of whether property insurers conspired to keep home premiums so high.   Allstate Reaps Financial …

In a press conference this afternoon, Florida Governor Charlie Crist and Insurance commissioner Kevin McCarty announced a detailed investigation into insurance industry practices via subpoenas issued to Allstate Insurance Company (“Allstate”) and its subsidiaries.   After the Governor voiced disappointement that homeowners insurance rates have not dropped more …