Category: Florida News

  A proposed Rule hearing to update Florida regulations relating to public adjusters has been scheduled for July 30, 2010.  Should public requests to provide input be received, the hearing will be convened by the Florida Division of Insurance Agents …

  To view a complete story, click on a headline below:    Settlement expected in Homestead drywall case Two companies in a class-action case over defective Chinese drywall in Homestead houses are willing to pay $6 million to settle the …

  In a special edition of her consumer e-mail newsletter published June 21, 2010, Florida Chief Financial Officer Alex Sink provided small businesses affected by the BP oil spill with related information on topics such as filing claims, hurricane preparedness and …

  Starting September 1, 2010, the Florida Surplus Lines Service Office (“FSLSO”) will require the Unique Market Reference number to be filed in addition to the policy number for policy transactions associated with Lloyd’s of London/Underwriters at Lloyd’s.  The FSLSO bulletin on …

  To view a complete story, click on a headline below:   American Integrity Offers Premium Discounts for Newer Manufactured Homes American Integrity Insurance Company announced today that it is reducing its rates by an average of 10 percent statewide …

  On June 21, 2010, the Florida Office of Insurance Regulation (“OIR”) held a public hearing relating to the proposed reorganization of the Florida Retail Federation Self-Insurers Fund (“Fund”).  Presented at the hearing, the Plan of Reorganization (“Plan”) would initially convert …

In a special edition of her consumer e-mail newsletter published June 21, 2010, Florida Chief Financial Officer Alex Sink provided small businesses affected by the BP oil spill with related information on topics such as filing claims, hurricane preparedness and applying …

  To view a complete story, click on a headline below:   Miami Chinese drywall verdict is in: $2.5 million About two-and-a-half years after a Miami couple first wondered about the strange odor in their home, a Miami-Dade jury awarded …

  XL Re Ltd has become the first Bermuda company approved by the Florida Office of Insurance Regulation to qualify as an “eligible reinsurer” under the State’s lower reinsurance collateral requirements.   XL Re Ltd is a Bermuda-domiciled subsidiary of XL …

The following article was published by Dow Jones Newswires on June 21, 2010: MUMBAI -(Dow Jones)- India’s government has ruled that the country’s insurance regulator, and not the Securities and Exchange Board of India, will be responsible for overseeing unit-linked …