Category: Florida News

The Florida Financial Services Commission, on behalf of the Florida Office of Insurance Regulation, has announced a public hearing on the following: Rule number69O-170.005: Use of Filed Rates Rule number 69O-170.013: Filing Procedures for Property and Casualty Insurance Rates, Rules, …

Click on a headline to read the complete story:   Crist wows Democratic audience in Broward TAMARAC — Even U.S. Rep. and condo king Robert Wexler, D-Delray Beach, played second fiddle this afternoon as Republican Gov. Charlie Crist visited a …

In response to complaints earlier this year regarding recordkeeping practices established during previous administrations by the Department of Financial Services, Florida Chief Financial Officer Alex Sink announced plans to create an electronic database that will allow consumers or their attorneys …

Click on a headline to read the complete story:   AIF forms insurance council Group aims to tackle financial-service issues Associated Industries of Florida (AIF), one of the state’s most influential business groups, has formed a Financial Security Council, whose …

A meeting of the Citizens Property Insurance Corporation (“Citizens”) Actuarial and Underwriting Committee (“Committee”) took place on July 19, 2007. To view the Agenda, please click here. The Committee’s first order of business was to discuss the newly developed product …

Citizens Property Insurance Corporation released meeting information for its upcoming July 30 educational forum on sinkhole-related policy changes.  The forum will be held in Spring Hill, Florida. To read more about recent legislation related to Florida sinkhole coverage, click on …

A conference call of the National Association of Insurance Commissioners (“NAIC”) International Solvency and Accounting (E) Working Group (“Working Group”) of the Financial (E) Committee (“Committee”) took place on July 24, 2007. The Committee interfaces with NAIC technical task forces …

The United States Securities and Exchange Commission (“SEC”) has requested comments on the possibility that SEC registrants be allowed to use International Financial Reporting Standards (“IFRS”) instead of US Generally Accepted Accounting Principles (“GAAP”). An SEC press release is below. If both Rules go …

Click on a headline to read the complete story:   No-Fault’s Demise Could Mean Higher Rates, Risk Come Oct. 1, auto insurance will no longer be required in Florida.  It’s the consequence of the Legislature allowing Florida’s no-fault auto insurance …

Click on a headline to read the complete story:   Insurers’ ‘adjustments’ a bad joke Florida lawmakers faced a formidable task as the Legislature convened for the January 2007 special session: to develop a strategy to handle the property insurance …