Category: Florida News
Nov 3, 2008
To view a complete story, click on a headline below: Businesses relish drop in insurance The insurance that commercial property owners pay on their buildings has plummeted in the past two years, providing some relief from Lee County’s …
Nov 3, 2008
On Friday, October 31, 2008, the Florida Workers’ Compensation Joint Underwriting Committee (“FWCJUA”) held an Investment Committee (“Committee”) meeting to review the investment portfolio for compliance. At its September 26 meeting, the Committee authorized an investment policy exception to continue …
Nov 3, 2008
Maria Elena Abate was elected chair of the Florida Bar’s Public Interest Law Section.
Nov 1, 2008
The Florida Senate Banking and Insurance Committee has published an Interim Project Report entitled “Options for Reorganizing the Department of Financial Services and the Financial Services Commission.” The Financial Services Commission (“FSC”) and the Office of Financial Regulation (“OFR”) are responsible …
Oct 31, 2008
To view a complete story, click on a headline below: Ruling ahead for State Farm rates During the four-day hearing, State Farm presented its rationale for the increase, stating that the company needs the additional revenue to build …
Oct 31, 2008
Florida Chief Financial Officer (“CFO”) Alex Sink today, October 31, 2008, appointed Tallahassee attorney Sean Shaw as Florida’s Insurance Consumer Advocate, effective November 17, 2008. Mr. Shaw will replace General Bob Milligan, who previously served as the Insurance Consumer Advocate. …
Oct 31, 2008
Insurance-Related Meetings: Month of November, 2008 Week of November 3-7 Monday, November 3 OIR Advisory Council Meeting The Florida Office of Insurance Regulation (“OIR”) Advisory Council will hold a meeting on Monday, November 3, starting at 1:00 p.m. at OIR …
Oct 31, 2008
Maria Elena Abate was elected chair-woman of the Florida Bar’s Public Interest Law Section.
Oct 30, 2008
On Wednesday, October 29, 2008, the Florida Office of Insurance Regulation (“OIR”) held a public hearing regarding on the following proposed Rules that would administer the Viatical Settlement Act as provided by law: 69O-204.010: Purpose and Scope69O-204.020: Definitions69O-204.030: Forms Incorporated …
Oct 30, 2008
Insurance Journal–October 30, 2008 A.M. Best Co. says based on the credit market contraction and the uncertainty regarding the Florida Hurricane Catastrophe Fund’s ability to fund its claims-paying capacity, it placed several insurers’ ratings under review with negative implications. The …