Category: Florida News
Aug 15, 2008
Florida Insurance Commissioner Kevin McCarty will hold a press conference to discuss a new development in the ongoing matter with the Allstate Insurance Companies. A member of this Firm will attend and provide a report on the proceedings. Details of …
Aug 15, 2008
To view a complete story, click on a headline below: Insurance regulators want State Farm to clarify nonrenewal data Just how many Florida policyholders does State Farm plan to drop? After State Farm Florida vice president Kathy Popejoy told regulators …
Aug 15, 2008
Florida Governor Charlie Crist today, August 15, 2008, announced the appointment of Sherill W. Hudson and William P. Corry to Citizens Property Insurance Corporation’s (“Citizens”) Board of Governors. Governor Crist’s press release is below. If you have any questions or …
Aug 15, 2008
The Florida Commission on Hurricane Loss Projection Methodology (“Commission”) held consecutive meetings on August 12 and 13, 2008 in Tallahassee, Florida to discuss recommended changes to various loss modeling standards by various committees. The individual committees established by the Commission …
Aug 15, 2008
When the spate of hurricanes in 2004 sent Florida’s insurance industry into a regulatory and economic whirlwind, attorneys with Colodny Fass realized there was too much news for their clients to stay informed.
Aug 14, 2008
To view a complete story, click on a headline below: Tax swap removed from ballot A state judge today struck from the ballot a controversial plan to wipe out most school property taxes, ruling that the proposal’s ballot summary on …
Aug 14, 2008
The Florida Office of Insurance Regulation has issued the following Notices of Rulemaking Development. To view the Notices and Rule texts, click on the hyperlinks below:  Development of Rulemaking–Rule 69O-137.001: Annual and Quarterly Reporting Requirements The OIR has issued …
Aug 14, 2008
> The National Association of Insurance Commissioners will hold a Catastrophe Reserve Working Group meeting on August 14, at 11:00 a.m. via teleconference. Registration is required. Meeting materials include: Meeting Agenda Catastrophe Reserve Proposal Comments from Jim Olsen, Director, Insurance …
Aug 13, 2008
Regulators demanded explanations from State Farm as it defended its 47.1 percent rate-increase request at a public hearing. BY BEATRICE E. GARCIAMiami Herald–August 13, 2008 Regulators grilled State Farm officials Tuesday, demanding explanations to justify the 47.1 percent rate hike …
Aug 13, 2008
Miami Herald–August 12, 2008 BY BEATRICE E. GARCIA State Farm Florida Insurance has told the Office of Insurance Regulation that its actuary was incorrect when she said the company planned to drop an additional 31,000 policies Tuesday morning. During a …