Category: Florida News

Below is a press release issued by the Florida Office of Insurance Regulation regarding a Cease and Desist order against an unlicensed viatical settlement provider, Great West Growth.   Should you have any comments or questions, please do not hesitate to contact this …

Click on a headline to read the complete article:   Bob Graham sues Legislature over tuition powers TALLAHASSEE — Former Gov. Bob Graham, who spearheaded a 2002 constitutional amendment establishing a board of governors for the state university system, sued …

The Florida Financial Services Commission, on behalf of the Florida Office of Insurance Regulation (“OIR”) has issued a Notice of Proposed Rulemaking on Rule 690-142.200 relating to military sales practices.  The purpose of the Rulemaking is to set forth standards …

The Florida Department of Financial Services (“DFS”), on behalf of the Florida Office of Insurance Regulation (“OIR”) has issued a Notice of Emergency Rule, number 69OER07-3, relating to transition provisions for the use of the Uniform Mitigation and Verification Inspection …

Click on a headline to read the complete story:   Fla. workers’ comp rates to be halved TALLAHASSEE — (AP) — While Florida business owners may still be struggling with high property insurance costs, another major business expense will go …

Citizens Property Insurance Corporation issued the following press release earlier this week regarding the closing of two financial transactions that enabled an increased claims-paying liquidity for its personal and commercial lines accounts. The news generated these headlines:  Citizens issues bonds, lines up …

The Board of Governors (“Board”) of Citizens Property Insurance Corporation (“Citizens”) met on June 27, 2007. The agenda is attached for your review. The highlights of the meeting are as follows: President’s Report • 25,000 new applications are received weekly.• $162 million …

The Florida Workers’ Compensation Joint Underwriters Association (“FWCJUA”) held a Board of Governors meeting on June 29, 2007.  To view the agenda and Board meeting packet, which includes minutes from the previous Board of Governors, Safety Committee and Producer Appeals Committee …

The Florida Office of Insurance Regulation (“OIR”) has scheduled a public hearing for a rate filing submitted by Florida Farm Bureau Casualty Insurance Company and Florida Farm Bureau General Insurance Company on July 10, 2007, at 10:00 a.m. Open to …

Two heavily-debated issues relating to certain insurance ratemaking practices are the subject of recently-published Notices of Rulemaking Hearings by the Florida Office of Insurance Regulation (“OIR”).    Use of credit reports and credit scores The Florida Financial Services Commission (“FSC”), on behalf …