Category: Florida News
Mar 18, 2011
The following press release was issued by the Florida Office of Insurance Regulation on March 18, 2011: Montpelier Reinsurance Allowed to Operate in Florida with Reduced Collateral Requirements TALLAHASSEE, Fla. – The Florida Office of Insurance Regulation (Office) today announced …
Mar 18, 2011
Following is a listing of insurance-related Florida legislative and regulatory events for the week of March 21-25, 2011: All times are Eastern Time (“ET”). Additional information is available via hyperlink where noted in bold type. FLORIDA INSURANCE LEGISLATIVE EVENTS …
Mar 18, 2011
The following article was published in National Underwriter, Property and Casualty magazine on March 18, 2011: Florida Residential Deregulation, PIP Litigation Bills Advance One of several insurance-related bills being mulled by Florida lawmakers would institute flex rating for some insurance …
Mar 17, 2011
The Florida Supreme Court rendered a definitive ruling today, March 17, 2011, in Genovese v. Provident Life and Accident Ins. Co., upholding the sanctity of attorney-client communications between a carrier and its appointed counsel handling the defense of a …
Mar 17, 2011
The following news release was issued by the Office of Florida Governor Rick Scott on March 17, 2011: Governor Scott Launches Website and Opens State Salary Database to the Public Tallahassee, Fla. – Governor Rick Scott today launched a new …
Mar 17, 2011
Thursday, March 17, 2011 To go directly to the section of your choice, click on a hyperlink below. Other hyperlinks to meeting information, bills and news are noted in bold type. Daily Florida Insurance-Related Events Daily Insurance-Related …
Mar 17, 2011
The following article appeared in The Wall Street Journal on March 17, 2011: Insurers Face Claims as Supply Chains Break By Erik Holm and Serena Ng Insurance companies with customers far from Japan could be on …
Mar 16, 2011
The Florida Hurricane Catastrophe Fund (“FHCF”) has released its 2011 Ratemaking Formula Report (“Report”) in advance of the FHCF Advisory Council meeting scheduled for tomorrow, March 17, 2011. To access the Report and meeting agenda, click here. Highlights from …
Mar 16, 2011
The Citizens Property Insurance Corporation (“Citizens”) Actuarial and Underwriting Committee (“Committee”) met on March 4, 2011 via teleconference, during which updates on personal and commercial lines issues were given. To access the meeting materials, click here. Citizens’ Chief Insurance …
Mar 15, 2011
The following news release was issued by the Florida Surplus Lines Service Office on March 15, 2011: OIR Approves Citizens Emergency Assessment Decrease for Surplus Lines Policies Please note that as approved by the Office of Insurance Regulation (OIR) the …