Category: Florida News

  The Florida Department of Financial Services’ (“DFS”) Division of Agents and Agency Services will hold Rule Hearings on November 15, 2010 to continue reviewing proposed Rules regarding unlawful inducements in relation to Florida’s unfair insurance trade practices statutes. Proposed Rules …

The following news release was issued by the Office of Florida Governor Charlie Crist on October 26, 2010: Governor Crist appoints five to the Southwest Florida Regional Planning Council, Region 9 http://www.flgov.com/release/11906 TALLAHASSEE – Governor Charlie Crist today announced the …

  In an emergency meeting today, October 26, 2010, the Florida Commission on Hurricane Loss Projection Methodology (“Commission”) voted to suspend AIR Worldwide Corporation’s (“AIR”) Atlantic Tropical Cyclone Model V12.0, Program CLASIC/2 V12.0, after an error relating to software implementation was recently discovered.  …

  To view a complete story, click on a headline below:    Florida property insurers sending billions overseas Reinsurance firms profit as reserves dwindle Never before have Floridians paid so much to protect themselves from hurricanes.  And never have they …

The following article was published by The News Service of Florida on October 25, 2010: Scott, Sink Debate Monday Night in Tampa   The News Service of Florida www.newsserviceflorida.com Republican Rick Scott and Democrat Alex Sink are set for their …

This article was published in Florida Underwriter on October 26, 2010:  What’s Wrong With Florida? By Allison Bell www.floridaunderwriter.com   An avid reader called us here in the Hoboken, N.J., office of National Underwriter and said, “I live in Florida. …

This article was published in the Herald Tribune on October 25, 2010:  http://www.heraldtribune.com/article/20101025/ARTICLE/101029876?p=all&tc=pgall In early 2006, Florida was on the verge of a financial disaster. After two deadly hurricane seasons, major insurance carriers were leaving, smaller companies struggled to raise …

This article was published in the Herald Tribune on October 25, 2010:  http://www.heraldtribune.com/article/20101025/ARTICLE/310259998?tc=ar In the fall of 2005, Florida Gov. Jeb Bush called for a national catastrophe fund to help deal with disaster such as hurricanes, earthquakes or wildfire. A …

This article was published in the Herald Tribune on October 25, 2010: By Paige St. John http://www.heraldtribune.com/article/20101025/ARTICLE/310259999 Never before have Floridians paid so much to protect themselves from hurricanes. And never have they received so little benefit. A Herald-Tribune investigation …

The following article was posted to the Sun Sentinel House Keys blog on October 25, 2010:   Florida’s Property Insurance Market Since Wilma   By Julie Patel http://weblogs.sun-sentinel.com/business/realestate/housekeys/blog/ The fifth anniversary of Wilma on Sunday led insurance experts to reflect …