Category: Florida News

CFO Sink Statement on People’s Trust Consent Order with OIR

Mar 19, 2009

The Office of Florida Chief Financial Officer Alex Sink–March 18, 2009 TALLAHASSEE- Florida Chief Financial Officer Alex Sink today released the following statement in response to the Office of Insurance Regulation’s (OIR) Consent Order with People’s Trust Insurance Company: “The …

Insurance-Related Legislative Meetings: March 19, 20

Mar 19, 2009

  Insurance-Related Legislative Committee Meetings:  Thursday, March 19 and Friday, March 20   Thursday, March 19   House Insurance, Business & Financial Affairs Policy Committee The House Insurance, Business & Financial Affairs Policy Committee will meet today, March 19, 1-4 …

Florida Commission on Hurricane Loss Projection Methodology Meeting

Mar 19, 2009

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FHCF, Loss Projection Modeling Meeting Agendas Posted

Mar 18, 2009

Agendas for the upcoming Florida Commission on Hurricane Loss Projection and Florida Hurricane Catastrophe Fund Advisory Council meetings have been released and can be viewed via hyperlink below:   Florida Commission on Hurricane Loss Projection Methodology Meeting–March 19 The Florida …

NAIC To Revisit Credit Scoring

Mar 18, 2009

National Underwriter–March 17, 2009 BY PHIL GUSMAN SAN DIEGO – The National Association of Insurance Commissioners Executive Committee has voted to revisit the controversial issue of insurers’ use of consumers’ credit information to determine their rates. At the NAIC’s Spring …

Capitol to Courthouse Headliners: Wednesday, March 18

Mar 18, 2009

  To view a complete story, click on a headline below:   Florida startup insurer People’s Trust ordered to stop writing property insurance policies Boca Raton-based People’s Trust Insurance has agreed to stop writing property insurance policies in the state …

People’s Trust Insurance to Stop Writing New Policies

Mar 18, 2009

The Florida Office of Insurance Regulation (“OIR”) and People’s Trust Insurance Company have entered into a Consent Order that requires the insurer to stop writing new policies until it complies with provisions of the OIR order.   To view March 5, 2009 information …