Category: Florida News

To view a complete story, click on a headline below:   Florida Reinsurance Prices Decline 10-12% at Renewal: Guy Carpenter Reinsurance pricing at the June 1, 2010 Florida renewal are down by 10 percent to 12 percent on average, on a …

  The Florida Office of Insurance Regulation (“OIR”) held a public rate hearing today, June 1, 2010 on the recent homeowners insurance rate filing by the Hartford Insurance Company of the Midwest (“Hartford”).   To view the agenda, click here. OIR …

Media coverage of Florida Governor Charlie Crist’s veto of SB 2044, an omnibus property insurance package, is reprinted below.  To jump to a complete article, click on a link in the following list:   William Stander of PCI–Fixing the Florida Insurance Marketplace: …

The Florida Insurance Consumer Advocate published the following article in the May 28, 2010 issue of Florida Chief Financial Officer Alex Sink’s “Consumer e-Views” newsletter: In a continuing effort to make sure consumers are prepared for this hurricane season, the Office of …

National Underwriter Magazine May 31, 2010 By MARK E. RUQUET Palm Desert, Calif.   Officials with the American Association of Managing General Agents expressed confidence that few, if any changes would be made in the surplus lines elements of financial …

To view a complete story, click on a headline below:   Citizens says losses rose 34 percent over previous year Citizens Property Insurance Corp. reported that losses rose 34 percent over a year ago, due largely to sinkhole claims from both …

Florida Governor Charlie Crist signed the State’s $70-billion 2010-11 budget today, May 28, 2010.  The news release below from the Office of the Governor provides additional details on the budget components.   Should you have any questions or comments, please contact Tracy …

Following is a listing of insurance-related Florida regulatory events for the week of May 31 – June 4, 2010: Note:  All times are Eastern Time.  Additional information is available via hyperlink were noted in bold type.    FLORIDA INSURANCE REGULATORY EVENTS      …

  HB 7109 relating to Florida’s Qualified Target Industry (“QTI”) Program was among 26 bills that were passed during the 2010 Florida Legislative Session and signed today, May 27, 2010, by Governor Charlie Crist (to view complete bill information, click …

  To view a complete story, click on a headline below:   Miami judge certifies nation’s first drywall class action Miami-Dade County Circuit Judge Joseph Farina has certified the nation’s first Chinese drywall class action lawsuit.   Trial lawyers urge …