Category: Florida News

A Fla. Hurricane Forecast Sees Tiny Increase In Risk

Feb 13, 2009

National Underwriter–February 13, 2009 NU Online News Service A new report predicting hurricane landfall rates finds slightly decreased chances of a strike on the Florida coastline and a bit less for U.S. Southeast shores as well. The CAT-i report is …

Florida regulators examining Stanford Group

Feb 13, 2009

South Florida Business Journal–February 13, 2009 by Brian Bandell The Florida Office of Financial Regulation has opened an examination into Stanford Group Co., an Antigua- and Barbuda-based financial firm with offices in South Florida. OFR spokeswoman Holly Hinson would not …

Capitol to Courthouse Headliners: Friday, February 13

Feb 13, 2009

  To view a complete story, click on a headline below:   NEWS SERVICE OF FLORIDA:  Insurance Commissioner Approves State Farm Withdrawal with Conditions State Farm, the state’s largest private property insurer, will be allowed to pull out of the …

OIR Approves State Farm Withdrawal Plan–With Conditions

Feb 13, 2009

The Florida Office of Insurance Regulation (“OIR”) announced today, February 13, 2009, that Florida Insurance Commissioner Kevin McCarty has conditionally approved State Farm Florida Insurance Company’s plan to withdraw its property insurance coverage from the Florida market.   Commissioner McCarty is scheduled to be …

Crist presses president for catastrophe fund

Feb 12, 2009

Herald Tribune–February 12, 2009 By LLOYD DUNKELBERGER H-T CAPITAL BUREAU TALLAHASSEE – Gov. Charlie Crist used his joint appearance with President Barack Obama on Tuesday in Fort Myers to personally lobby the president for the creation of a national catastrophe …

Don’t Give Up Your State Farm Policy Yet, Say Finance Advisors

Feb 12, 2009

National Underwriter–February 12, 2009 A Florida trade group called yesterday for halt in what it said were efforts to create paranoia and make property owners shift home insurers. The statement came from National Association of Insurance and Financial Advisors-Florida which …