Category: Florida News

Florida Today–August 9, 2008 BY JESSICA RAYNORFLORIDA TODAY TITUSVILLE — Lisa Nicholas thought constituents would be lining up outside her boss Florida Rep. Ralph Poppell’s door in Titusville to get their questions answered about the state’s largest insurer, Citizens Insurance. …

Insurance Journal–August 8, 2008 North Palm Beach, Florida-based AmCOMP Inc. announced results for the second quarter of 2008. For the second quarter of 2008, net income was $2.1 million compared to net income of $5.5 million for the second quarter …

St. Petersburg Times–August 7, 2008 TALLAHASSEE — For the second time in a month, Holly Benson, a former state lawmaker and key member of Gov. Charlie Crist’s administration, faces accusations of political maneuvering in agencies she oversees. A whistle-blower lawsuit …

Jacksonville Business Journal–August 8, 2008 by Rachel Witkowski Staff Writer JACKSONVILLE — The Allstate Credit Division is creating about 200 new jobs in the area through 2011 by expanding its specialty products. The Jacksonville-based credit division primarily underwrites gap insurance …

Treasure Coast Palm–August 7, 2008 By Alex Leary / St. Petersburg Times A broad coalition fighting Amendment 5 argued in court papers today that the proposal should be removed from the ballot because the summary is “grossly misleading” and does …

The Florida Office of Insurance Regulation (“OIR”) has implemented iApply, a new online system designed specifically for the OIR Company Admissions Department to handle the receipt of certain insurance company applications.  Following is a list of tasks that can be …

The U.S. Department of Health Centers for Medicare & Medicaid Services (“CMMS”) has posted its first update on mandatory insurer reporting requirements for the Medicare, Medicaid and SCHIP Extension Act of 2007 (“SCHIP”).  The update is reprinted below. To opt-in …

Above:  Ground floor of the China Insurance Group Building.  Founded in 1931, China Insurance Company is a state-owned financial and insurance group founded in 1931 in Shanghai. SPECIAL OLYMPICS & INSURANCE ISSUE:  Please see coverage below.   To view a …

The Florida Office of Economic & Demographic Research recently held a Self-Insurance Estimating Conference for the State Employees’ Health Insurance Trust Fund (“Trust Fund”). Of note, two coverage changes due to legislation passed during the 2008 Legislative Session are projected …

The National Association of Insurance Commissioners (“NAIC”) Life and Health Actuarial Task Force (“Task Force”) held a conference call to review proposed amendments to the Standard Valuation Law (“SVL”).  The SVL is an NAIC model that establishes minimum requirements for …