Category: Insurance Regulatory News

Universal Insurance To Open 2nd Fla. P-C Subsidiary

Jun 24, 2008

National Underwriter–June 24 Ft. Lauderdale, Fla.-based Universal Insurance Holdings Inc. said it is seeking to open a second property-casualty insurance company subsidiary in Florida after filing an application with the state’s Office of Insurance Regulation. The new operation, to be …

Florida Free Wind Inspection Program Nears Goal

Jun 24, 2008

Insurance Journal–June 24, 2008 More than 365,000 Florida homeowners have signed up for free wind inspections through the My Safe Florida Home program, only 35,000 inspections shy of the Florida Legislature’s goal of 400,000 by June 2009. The first-come, first-serve …

Capitol to Courthouse Headliners: Tuesday, June 24

Jun 24, 2008

  To view a complete story, click on a headline below:   Hurricane Center says improving forecasts costly – The National Hurricane Center’s director says it could take tens of millions of dollars for research and up to 10 years …

Citizens Board of Governors Meeting Report

Jun 23, 2008

Recently, Citizens Property Insurance Corporation (“Citizens”) held a Board of Governors (“Board”) meeting.  To view the complete agenda, which includes updates from the Committees that met during the past month, click here. The meeting was called to order by Chairman …

Insurance-Related Meetings: Week of June 23-27

Jun 23, 2008

  Insurance-Related Meetings for the Week of June 23-27   Monday, June 23 The Florida Commission on Hurricane Loss Projection Methodology will hold a meeting on Monday, June 23, 2008 from 10:00 a.m. through 5:00 p.m. in Room 17, Morris …

Hurricane season may catch companies off guard

Jun 23, 2008

A survey shows that 25 percent of small businesses do not have a disaster recovery plan, which can be as simple as back-up disks stored off the company’s premises. BY JIM WYSSMiami Herald–June 23, 2008 After Hurricane Wilma churned through …

Sink wants to see national catastrophe fund set up

Jun 23, 2008

Dallas Business Journal–June 20, 2008 Florida’s Chief Financial Officer, Alex Sink, was the guest of honor at a National Association of Industrial and Office Properties function June 16 at Epping Forest Yacht Club. The following are edited excerpts of an …