Category: Florida News

  To view a complete story, click on a headline below:   Hannover Re sees gains from Florida collateral cut Florida regulators slashed collateral requirements for a Hannover Re unit as they dismantle barriers to offshore reinsurance in the hurricane-prone state, …

  The Florida Office of Insurance Regulation (“OIR”) announced today, September 28, 2010, that it has signed a Memorandum of Understanding (“MOU”) with its Mexican counterpart, the Insurance and Surety National Commissioner of the United Mexican States.  The MOU will coordinate regulatory actions affecting insurers …

  From today’s Jacksonville Times-Union:  Fifty years ago this week, Vice President Richard Nixon appointed then-American Heritage Life Insurance President Claude Kirk Jr. (above) to cull support for the Republican presidential ticket from among Democrats and Independents.  Mr. Kirk was …

The Florida Hurricane Catastrophe Fund (“FHCF”) has scheduled a September 29, 2010 Rule Development Workshop (“Workshop”) to review updates to the FHCF’s 2011/2012 Reimbursement Contract, Premium Formula, and Insurer Reporting Requirements and Responsibilities Rules.  An FHCF Advisory Council meeting will …

Following is a listing of insurance-related Florida regulatory events for the week of September 27 – October 1, 2010: All times are Eastern Time.  Additional information is available via hyperlink were noted in bold type.   FLORIDA INSURANCE REGULATORY EVENTS       Monday, …

The Office of Florida Governor Charlie Crist issued the following news release today, September 24, 2010:     Governor Crist Awards 2010 Defense Grants ~ Florida’s military installations receive $5.85 million in critical development funds ~ TALLAHASSEE – Governor Charlie …

  To view a complete story, click on a headline below:   Citizens rates will rise again in Florida Regulators approve 9 percent and 10 percent average statewide rate hikes, some policyholders could see premiums drop Most Citizens Property Insurance …

    Subsequent to a September 7, 2010 public rate hearing, the Florida Office of Insurance Regulation (“OIR”) announced today, September 23, 2010, that it has ordered rate increases for Citizens Property Insurance Corporation (“Citizens”) that, in some cases, are …

  To view a complete story, click on a headline below:   Sunrise Condominium Prevails In Florida Insurance Guaranty Association Appeal of Hurricane Wilma Claim Court Order In an opinion issued yesterday, September 22, 2010, Florida’s Fourth District Court of Appeal …

    Yesterday, September 22, 2010, the Florida Office of Insurance Regulation (“OIR”) held a Rule Development Workshop on proposed Rule 690-170.0155, entitled “Forms.”  Although the Rule regulates additional forms, the Workshop specifically focused on revisions to Form OIR-B1-1802, also …