Category: Florida News

Hartford loses bid to raise insurance rates

Jun 3, 2008

State regulators denied Hartford’s rate request, but the company can still ask a state appeals court for one last review. BY BEATRICE E. GARCIA Miami Herald–June 3, 2008 State regulators denied a nearly 40 percent insurance rate increase sought by …

Trade Groups Voice Outrage To NAIC Over McCarty Remarks

Jun 3, 2008

National Underwriter–June 2, 2008 BY DANIEL HAYSNU Online News Service SAN FRANCISCO —Trade group representatives appearing before a National Association of Insurance Commissioners panel yesterday leveled heavy criticism at the group for allowing one of its members to appear before …

‘Opting out’ in homeowners’ insurance saga

Jun 3, 2008

Miami Herald–June 01, 2008 Q. I got a letter from Magnolia Insurance, which informed me that it was going to assume my homeowner’s policy from Citizens and, unless I were to contact them before Friday, the assumption would be automatic. …

EDITORIAL: Straight to the point

Jun 3, 2008

Miami Herald–June 3, 2008 • VETO WAS RIGHT Gov. Charlie Crist made the right move in vetoing a provision in an insurance bill that would have raided the financial reserve of Florida’s public-insurance company. The bill signed by the governor …

FEMA policies for the new hurricane season

Jun 3, 2008

Miami Herald–Jun 02, 2008 The Associated Press The Bush administration has been lambasted for its 2005 response to Hurricane Katrina – particularly the Federal Emergency Management Agency’s handling of disaster housing. FEMA placed thousands of victims in travel trailers that …

Insurance-Related Meetings: June, 2008

Jun 3, 2008

THIS WEEK (Please note:  To view the complete meeting notices and/or full text of proposed rules, click on the corresponding hyperlinks below.)   Insurance-Related Meetings for the Week of June 2-6 Tuesday, June 3 On Tuesday, June 3, 2008, the …

Capitol to Courthouse Headliners: Tuesday, June 3

Jun 3, 2008

  To view a complete story, click on a headline below:   Hartford loses bid to raise insurance rates State regulators denied Hartford’s rate request, but the company can still ask a state appeals court for one last review. State …

My Safe Florida Home Grant Standards Rule Development Workshop Report

Jun 2, 2008

A Colodny Fass representative recently attended two Florida Department of Financial Services (“DFS”) Rulemaking Workshops (“Workshops”) addressing Proposed Rules relating to the State’s My Safe Florida Home (“MSFH”) program.  Below is a review of the pertinent aspects and issues raised by …