Category: Florida News

State Farm shifts some of its Florida auto policies

Feb 5, 2009

Some State Farm auto insurance policies will be shifted to the parent company as part of its plan to cease writing homeowners coverage in Florida. BY BEATRICE E. GARCIAMiami Herald–February 5, 2009 As part of State Farm Florida’s plan to …

Can Florida’s little guys replace State Farm?

Feb 5, 2009

Orlando Sentinel–February 5, 2009 Anika Myers Palm | Sentinel Staff Writer What State Farm sees as a burden, other Florida insurers view as an opportunity. As word spreads that the state’s largest private-sector property insurer intends to drop its 1.2 …

Insurers not taking in Tampa Bay’s State Farm policyholders

Feb 5, 2009

St. Petersburg Times–February 5, 2009 By Jeff Harrington, Times Staff Writer Nothing comes easy for the Florida homeowners State Farm plans to dump, particularly those who live in the Tampa Bay area. Although state regulators are hopeful that smaller Florida-based …

Polk County board writes to Crist about State Farm

Feb 5, 2009

Polk County News Chief–February 5, 2009 By Donna Kelly BARTOW – Polk County commissioners voted unanimously Wednesday to send a letter of concern to Gov. Charlie Crist about the future of State Farm Insurance in Florida and, consequently, in Polk …

FWCJUA Producer Committee Meeting Report: February 3

Feb 5, 2009

On Tuesday, February 3, 2009, the Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) held a Producer Committee (“Committee”) meeting to discuss producer fees, producer/agent financial reliability policies, the on-line producer application process and certificate of insurance issuance. Committee Chairman Dan …

OIR Releases STOLI Report

Feb 5, 2009

On February 5, 2009, the Florida Office of Insurance Regulation (“OIR”) released a report analyzing the issue of Stranger-Oriented Life Insurance (“STOLI”).  To view the report, entitled “Stranger-Oriented Life Insurance and the Use of Fraudulent Activity to Circumvent the Intent …

NAIC Annuity Disclosure Working Group Meeting

Feb 5, 2009

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