Category: Florida News

State Farm Disputes OIR’s Conditional Withdrawal Approval

Mar 6, 2009

In response to receiving conditional Florida Office of Insurance Regulation (“OIR”) approval of its plan to withdraw all property insurance business statewide, State Farm Florida Insurance Company and State Farm Florida Mutual Automobile Insurance Company (“State Farm”) filed a petition today, …

Capitol to Courthouse Headliners: Friday, March 6

Mar 6, 2009

To view a complete story, click on the headline below: Florida Lawmakers want State Farm back, at any price Leaders from both parties urged Insurance Commissioner Kevin McCarty to try to bring State Farm Florida back into the property insurance …

House Insurance, Business and Financial Affairs Policy Committee

Mar 6, 2009

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TEST: Additional Revisions Made to Insurer Financial Examination Rule

Mar 5, 2009

Pursuant to February, 2009 Florida Office of Insurance Regulation (“OIR”) correspondence to the Florida Joint Administrative Procedures Committee (“JAPC”), a Notice of Change has been issued today, March 5, 2009, regarding additional revisions to proposed Rule 690-138.005 “Examination of Insurers.”  To view the …

Florida Bills Would Shift Hurricane Risk To State

Mar 5, 2009

National Underwriter–March 4, 2009 BY PHIL GUSMAN Similar bills introduced in both houses of the Florida Legislature would shift coverage for hurricanes from private insurers to the state-a move that two industry organizations find objectionable. The legislation, HB 1157 and …

Fla. red light camera bill gets green light

Mar 5, 2009

Miami Herald–March 5, 2009 The Associated Press TALLAHASSEE, Fla. — A House panel has given the green light to a bill that would set requirements for the use of automatic cameras to fine owners of vehicles that run red lights. …

Powerful senator fighting merger

Mar 5, 2009

Florida Health News–March 4, 2009 By Christine Jordan Sexton Last year, Senator Durell Peaden was Gov. Charlie Crist’s health-care point man. He was primary sponsor of the Cover Florida Health plan and helped the governor in other ways. But Peaden, …