Category: Insurance Regulatory News

On Tuesday, June 03, 2008, the Florida Workers Compensation Joint Underwriting Association (“FWCJUA”) held a Rates and Forms Committee (“Committee”) meeting to discuss the following: 2008 Legislative Session Review 2008 loss ratio A program to eliminate the 2007 Subplan D …

The state Department of Children & Families has reached an $850,000 settlement with a man who said he was sexually abused as a child at a now-defunct foster home in Lauderdale Lakes.

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 …

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 …

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. …

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 …

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 …

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 …

  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 …

The Florida State Board of Administration (“SBA”) has issued a Notice of Development of Rulemaking for Rule 19-15.001: Insurance Capital Build-Up Incentive Program (“Program”) During the 2008 Legislative Session, the Florida Legislature made changes to the Program, Section 215.5595, F.S. …