Category: Florida News
Nov 13, 2009
The Florida Office of Insurance Regulation (“OIR”) has released deadlines for companies to submit requests for approval to participate in personal lines or commercial residential assumptions from Citizens Property Insurance Corporation (“Citizens”) for 2010. The announced 2010 deadlines are attached …
Nov 13, 2009
The Florida Department of Financial Services, Division of Workers’ Compensation has issued a Notice of Rulemaking Development regarding the following proposed Rules that would require workers’ compensation carriers to report all instances of health care provider over-utilization, as well as …
Nov 12, 2009
To view a complete story, click on a headline below: Florida Insurance industry’s financial strength needs watching After the devastating hurricane seasons of 2004-05, many insurance companies stopped writing new business in Florida and some went into receivership. …
Nov 11, 2009
To view a complete story, click on a headline below: Storm causes little Florida damage Tropical Storm Ida came ashore with rain and gusty winds Tuesday before weakening to a depression, causing little damage along the Gulf Coast …
Nov 11, 2009
On Tuesday, November 10, 2009, the Florida Office of Insurance Regulation (“OIR”) held a public hearing on Citizens Property Insurance Corporation’s (“Citizens”) proposed rate filing for its High-Risk Account (“HRA”). Citizens, which has been operating under a mandated rate freeze …
Nov 11, 2009
On Tuesday, November 10, 2009, the Florida Office of Insurance Regulation held a Rule Development Workshop to discuss the incorporation of a new category of Motor Vehicle Service Agreement Companies called “Motor Vehicle Manufacturers” into the following existing regulations: 69O-200.004: …
Nov 11, 2009
MIAMI GARDENS, FLA. – County courts will be cleared of many unnecessary and unjustified lawsuits following a ruling from the 3rd District Court of Appeals on November 4. A three-judge panel ruled that a person couldn’t sue his or her …
Nov 11, 2009
In an informational memorandum issued this week, the Florida Department of Highway Safety and Motor Vehicles (“DHSMV”) advised all fire and property and casualty insurance companies licensed to issue motor vehicle policies in Florida that new Florida driver license laws …
Nov 10, 2009
Tuesday, November 10, 2009, 10:29am EST | Modified: Tuesday, November 10, 2009, 10:32am South Florida Business Journal – by Susan R. Miller Patriot Risk Management has filed with the Securities and Exchange Commission to go public. The Fort Lauderdale-based insurance holding company …
Nov 10, 2009
To view a complete story, click on a headline below: THE NEWS SERVICE OF FLORIDA: Monroe County Wind Rates Too High–Group Says Tired of paying rates they say are artificially high and based on fundamentally flawed data, …