Category: Florida News

Capitol to Courthouse Headliners: Friday, May 23

May 23, 2008

  To view a complete story, click on a headline below:   Louisiana Supreme Court Backs Insurer In Katrina Case The Louisiana Supreme Court has ruled that the state’s valued policy law cannot be invoked by homeowners where the loss …

Financial Impact Estimating Conference

May 23, 2008

The Financial Impact Estimating Conference will hold a public workshop meeting Friday, May 23, 2008, starting at 9:00 a.m. in Room 301 of the Capitol Building, Tallahassee, Florida. Items scheduled to be discussed include: Standards for the Legislature to follow …

Allstate files state Supreme Court appeal

May 22, 2008

St. Petersburg Times–May 21, 2008 By Tom Zucco, Times Staff Writer The ban on selling new insurance policies has been lifted and Allstate has promised to cooperate with state regulators. But that didn’t stop the company on Tuesday from filing …

AIG faces lawsuit by Florida pension fund

May 22, 2008

Reuters–May 22, 2008 (Reuters) – A Florida pension fund has filed a lawsuit against American International Group Inc (AIG.N: Quote, Profile, Research) and four top officials, including Chief Executive Martin Sullivan, for allegedly issuing false and misleading statements relating to …

June 2 deadline on Poe Financial claims

May 22, 2008

Miami Herald–May. 21, 2008 Homeowners insured by one of the three Poe Financial companies — Atlantic Preferred, Florida Preferred and Southern Family — have until June 2 to resolve any open claims. The companies failed in 2006 and were taken …

Three Bay area insurers get OK to take out Citizens policies

May 22, 2008

May 21, 2008–Tampa Bay Business Journal The Florida Office of Insurance Regulation approved the plans of six insurance companies, including three from the Tampa Bay area, to remove 100,000 policies from Citizens Property Insurance Corp. in June. The approval is …

Wholesale Broker Westrope Launches Florida Operation

May 22, 2008

Insurance Journal–May 22, 2008 Kansas City, Mo.-based Westrope established a new office in Brandon, Florida. Westrope Insurance Managers of Florida is a multi-line wholesaler providing binding authority programs and small to medium sized brokerage placements throughout Florida and surrounding states. …

Capitol to Courthouse Headliners: Thursday, May 22

May 22, 2008

  To view a complete story, click on a headline below:   Allstate wants state Supreme Court to clarify legal issues The ban on selling new insurance policies has been lifted and Allstate has promised to cooperate with state regulators. …