Category: Florida News

OIR to Hold August 28 STOLI Insurance Information Hearing

Aug 26, 2008

The Florida Office of Insurance Regulation (“OIR”) will hold an August 28, 2008 informational hearing on business arrangements known as Stranger Owned Life Insurance, Stranger-Oriented Life Insurance, Stranger Originated Life Insurance or Speculator Initiated Life Insurance (“STOLI”). The hearing, which …

NAIC Risk-Based Capital Working Group Meeting

Aug 26, 2008

> The National Association of Insurance Commissioners will hold a Risk-Based Capital Working Group meeting on August 26 at 3:00 p.m. via teleconference to discuss the ACLI Mortgage Experience Adjustment Factor Proposal. Meeting materials include: ACLI Mortgage Experience Adjustment Factor …

Four Florida Counties Declared Disaster Areas from Fay

Aug 25, 2008

The Ledger–August 24, 2008 THE ASSOCIATED PRESS MIAMI | President Bush declared Sunday that four Florida counties hit hardest by Tropical Storm Fay are major disaster areas, making them eligible for federal aid. The declaration makes funds available for emergency …

8,398 claims filed for Tropical Storm Fay

Aug 25, 2008

Miami Herald–August 25, 2008 BY BEATRICE E. GARCIA The four largest property insurers in the state have received a total of 8,398 claims so far for Tropical Storm Fay. Citizens Property Insurance, the state-run company and the largest insurer of …

Florida Crisis Responders to Focus on Brevard County

Aug 25, 2008

Office of the Attorney General–August 25, 2008 TALLAHASSEE, FL – The Florida Crisis Response Team (FCRT) has deployed more than 25 responders to areas throughout Central Florida, according to the Attorney General’s Statewide Crisis Response Coordinator, Cheryl Ricciardi. The FCRT …

Crist: ‘We’re tired of Fay…glad she’s gone’

Aug 25, 2008

Florida Today–August 25, 2008 By Paul Flemming • FLORIDA CAPITAL BUREAU • Gov. Charlie Crist called the White House Sunday from a restaurant dock afloat the flood-swollen St. Marks River to thank President Bush for declaring four Florida counties disaster …