Category: Florida News
May 7, 2012
The following article was published in The Insurance Journal on May 7, 2012: A.M. Best Opens Miami Office A.M. Best Co. has opened an office in Miami, Florida to serve the market for insurance ratings in the Latin American region. …
May 7, 2012
The following article was published in the Florida Current on May 7, 2012: Hernando poised to become first county to opt out of septic tank inspections By Bruce Ritchie Hernando County is poised to become the first county to opt …
May 7, 2012
The following article was published in The Florida Current on May 7, 2012: Did Government Grow in Florida? An story in the Jacksonville Business Journal notes that Florida’s government workforce saw one of the largest increases in the number of …
May 7, 2012
1:00 p.m.–Florida Office of Insurance Regulation Public Rate Hearing. Olympus Insurance Company. Olympus Insurance Company has requested a 24.5 percent overall rate increase for its dwelling fire line of coverage. The proposed rate increase would be effective June 19, 2012 …
May 7, 2012
9:30 a.m.–Florida Office of Insurance Regulation Rule Development Workshop. Proposed amendments to Rule 69O-149.022 would update and edit the contents of the forms and instructions used by life and health insurers to make electronic form filings via the OIR’s I-File …
May 4, 2012
Calling the enactment of Personal Injury Protection Insurance Reform Bill CS/CS/HB 119 a “collaborative effort,” Florida Insurance Commissioner Kevin McCarty compiled a retrospective timeline of events and key documents leading up to Florida Governor Rick Scott’s signing of the …
May 4, 2012
The Florida Office of Insurance Regulation (“OIR”) is seeking to amend Rule 69O-144.007, F.A.C, entitled “Credit for Reinsurance From Eligible Reinsurers” to apply to life insurance. The Rule currently applies only to property and casualty insurance. Rule 69O-144.007 was …
May 4, 2012
Representatives from Mississippi, Connecticut and Alaska have confirmed that their states are withdrawing from the Non-Admitted Insurance Multi-State Agreement (NIMA), it was reported today, May 4, 2012, by National Underwriter’s PropertyCasualty360.com. The information was verified by a Florida Office of …
May 4, 2012
Concurrently with Florida Governor Rick Scott’s signing of CS/CS/HB 119 relating to Motor Vehicle Personal Injury Protection Insurance today, May 4, 2012, Florida Insurance Commissioner Kevin McCarty issued Informational Bulletin OIR-12-02M to all motor vehicle insurers in the State of …
May 4, 2012
Following is a listing of Florida insurance-related regulatory events for the week of May 7-11, 2012: All times are Eastern Time (“ET”). Additional information is available via hyperlink where noted in bold type. FLORIDA INSURANCE REGULATORY EVENTS Tuesday, …