Category: Florida News

FSIGA BOARD OF DIRECTORS MEETING RECAP

Aug 17, 2007

On August 14, 2007, the Florida Self-Insurers Guaranty Association’s (“FSIGA”) Board of Directors (“Board”) met in Orlando, Florida.  The Board reviewed FSIGA’s second quarter investment performance and second quarter financial statements.  No Board action was taken on either item. The …

Two Insurance Companies Withdraw Filings For Rate Increases

Aug 17, 2007

The Florida Office of Insurance Regulation today issued the following news regarding the withdrawl of rate filings by AMEX Assurance Company and IDS Property Casualty Insurance Company. Should you have any questions or comments, please do not hesitate to contact …

Hartford Insurance Group Rate Hearing Recap

Aug 17, 2007

On Thursday, August 16, 2007, this office attended a public hearing for rate filings submitted by the Hartford Insurance Group (“Hartford”).  Hartford requested statewide average rate increases in Florida of 29.5 percent for its homeowners business, a 46.4 percent rate increase …

Taxation and Budget Reform Commission

Aug 17, 2007

MEETING ADVISORY Contact: Kathy Torian850-921-8905 Friday, August 17, 2007 The Taxation and Budget Reform Commission will hold a meeting on Friday, August 17, 2007. 1:00 p.m. – 1:30 p.m.Knott BuildingRoom 412Tallahassee, Florida Meeting Advisory (Adobe Acrobat – 12kb)Meeting Agenda (Adobe …

Taxation and Budget Reform Commission will hold meetings of the Governmental Services Committee, Governmental Procedures and Structure Committee, Finance and Taxation Committee, and Planning and Budgetary Processes Committe

Aug 17, 2007

MEETING ADVISORY Contact: Kathy Torian850-921-8905 Friday, August 17, 2007 The Taxation and Budget Reform Commission will hold meetings of the Governmental Services Committee, Governmental Procedures and Structure Committee, Finance and Taxation Committee, and Planning and Budgetary Processes Committee on Friday, …

CFO SINK ANNOUNCES MIAMI-DADE FRAUD ARRESTS

Aug 16, 2007

The following information was just released by Chief Financial Officer Alex Sink’s Press Office: MIAMI-Florida Chief Financial Officer Alex Sink announced arrests today of individuals accused of various insurance fraud schemes including auto body damage, Personal Injury Protection (PIP), and …

FLORIDA HURRICANE CAT FUND DOCUMENT UPDATES

Aug 16, 2007

The Florida Hurricane Catastrophe Fund (“Fund”) is structured as a tax exempt trust fund under the direction of the State Board of Administration.  The Fund protects and advances Florida’s interest in maintaining insurance capacity in the state, by providing reimbursements …

Capitol to Courthouse Headliners: Thursday, Aug. 16

Aug 16, 2007

Click on a headline to read the complete story:   Interim Report: No Proof Insurers Labeled Katrina Wind Claims as Flood A preliminary report from the federal government has found no evidence to support allegations that private insurers improperly shifted …