Category: Florida News
Feb 11, 2009
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Feb 10, 2009
The News Service of Florida reported today, February 10, 2009, that State Farm turned over documents to the Florida Office of Insurance Regulation in response to a January 29, 2009 Subpoena related to the company’s plan to withdraw property insurance …
Feb 10, 2009
Office of Insurance Regulation Commissioner Kevin McCarty is trying to enlist lawmakers’ support for a proposal to enlist the federal government’s help, if needed, to prop up the hurricane catastrophe fund. BY JENNIFER LIBERTO Times/Herald Tallahassee Bureau Miami Herald–February 10, …
Feb 10, 2009
National Underwriter–February 10, 2009 BY DANIEL HAYSNU Online News Service The Florida Hurricane Catastrophe Fund, a key reinsurance provider, has a shortfall of $18.5 billion, which could pose problems for some of the state’s recent insurance startups, state officials indicated. …
Feb 10, 2009
Sarasota Herald-Tribune–February 10, 2009 By LLOYD DUNKELBERGER H-T CAPITAL BUREAU TALLAHASSEE – With State Farm pulling out of the Florida property insurance market, the Senate budget chairman Monday expressed concern about many of those consumers moving into new insurance companies …
Feb 10, 2009
Treasure Coast Palm–February 9, 2009 By Julie Patel, Sun-Sentinel Many of Florida’s 1.2 million State Farm policyholders aren’t waiting to find new property insurance after the surprise announcement last month that State Farm is pulling out of Florida. And the …
Feb 10, 2009
Above: An editorial cartoon on insurance appeared in today’s Gainesville Sun To view a complete story, click on a headline below: State insurance chief shops plan to bolster hurricane catastrophe fund Office of Insurance Regulation Commissioner Kevin McCarty …
Feb 10, 2009
The Florida Office of Insurance Regulation (“OIR”) issued a Final Order today, February 10, 2009, approving the National Council on Compensation Insurance’s (“NCCI”) amended rate filing requesting a 6.4 percent increase in workers’ compensation insurance rates to be effective April …
Feb 10, 2009
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Feb 9, 2009
St. Petersburg Times–February 7, 2009 By Jeff Harrington, Times Staff Writer Security First Insurance’s pledge to pick up discarded State Farm customers anywhere in the state – at least the first 50,000 who contact the company – is back on …