Category: Florida News

  The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) held a combined  Annual Membership Meeting and Board of Governors (“Board”) meeting  on September 8, 2010 in Sarasota, Florida.   Among the items approved by the Board included a premium level decrease …

  The Florida Office of Insurance Regulation released its 2009 Accident and Health Markets Gross Annual Premium and Market Report (“Report”) today, September 9, 2010.  The statutory Report includes data from health insurers, prepaid limited health service organizations and health maintenance organizations that are marketing health …

  To view a complete story, click on a headline below:   Florida’s Royal Palm Insurance Gets 15% Homeowners Rate Increase Gainesville, Fla.-based Royal Palm Insurance Company has received approval for an average statewide homeowners insurance rate increase of 15 …

  To view a complete story, click on a headline below:   Citizens Property Insurance Corporation asks to raise rates Florida’s largest insurance company, the state-backed Citizens Property Insurance Corporation, wants to raise rates an average of 10 percent statewide. …

    The Florida Office of Insurance Regulation has scheduled a public hearing today, September 7, 2010, to discuss proposed rate increases filed by Citizens Property Insurance Corporation. The statewide average proposed rate increases vary from 6.1 to 10.9 percent, …

Louis Spagnuolo of WCS Lending in Boca Raton answered reader questions about the housing market in a September 3, 2010 posting on the Sun Sentinel House Keys blog: Q: What impact does the threat of a hurricane have on home …

FHCF Exposure Examination Information Posted To assist insurers in preparing for its 2010/2011 Contract Year exposure examination, the Florida Hurricane Catastrophe Fund (“FHCF”) has issued the following advance preparation materials (to access the documents, click on the hyperlinks below): Advanced …

  To view a complete story, click on a headline below:   News Release:  Fort Lauderdale-based Universal Insurance Holdings, Inc. Subsidiary UPCIC to Offer Homeowners Insurance Through GEICO Agents in North Carolina Universal Insurance Holdings, Inc., a vertically integrated insurance …

  The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Operations Committee (“Committee”) met via teleconference on August 30, 2010.  Chase Selected As FWCJUA Bank The Committee began the agenda with the competitive bidding selection of a primary bank for the …

Following is a listing of insurance-related Florida regulatory events for the week of September 6-10, 2010: All times are Eastern Time.  Additional information is available via hyperlink were noted in bold type.        FLORIDA INSURANCE REGULATORY EVENTS      Tuesday, September 7 …