Category: Insurance Regulatory News

On Wednesday, May 14, 2008, the Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council (“Council”) met in Tallahassee, Florida for the purpose of reviewing the 2008 Legislative Session, May bonding estimates and other issues affecting the FHCF. To view the meeting …

Miami Herald–May. 14, 2008 An appeals court says the state can prevent Allstate Companies from selling new property insurance policies in Florida. The 1st District Court of Appeal ruled Wednesday that a state ban on new policies by the company …

Miami Herald–May 14, 2008 BY PHIL LONG Firefighters appeared to be winning their battle on Tuesday against wildfires that destroyed more than 60 homes in this Brevard County community — fires that authorities believe were intentionally set. Though blazes were …

Orlando Sentinel–May 14, 2008 Juan Ortega South Florida Sun-sentinel FORT LAUDERDALE George Robins says disaster has weighed heavily on his mind lately. As he sat in a class about emergencies at the Broward County Convention Center on Tuesday, he also …

Bradenton Herald–May 13, 2008 By TRAVIS REED Associated Press Writer Investigators searched Tuesday for one or more arsonists behind a string of stubborn wildfires that have destroyed or damaged more than 160 homes on Florida’s Atlantic coast. Firefighters in Brevard …

The Gainesville Sun–May 13, 2008 The Associated Press TALLAHASSEE, Fla.- Two major investment firms will advise Florida on financing its hurricane catastrophe insurance fund although Gov. Charlie Crist tried to exclude them Tuesday. Crist wanted to keep Lehman Brothers and …

Update: Florida Governor Charlie Crist issued the following statement regarding the reinstatement of the Allstate Companies’ Florida suspension: “Floridians across our state have suffered due to the high cost of insurance. I applaud today’s action by the 1st District Court of Appeal regarding …

To view a complete story, click on a headline below:   Appeals court: State can bar Allstate An appeals court says the state can prevent Allstate Companies from selling new property insurance policies in Florida. The 1st District Court of …

The Florida Office of Insurance Regulation (“OIR”) cancelled a scheduled Rule hearing regarding forms for limited health service organizations on Tuesday, May 13, 2008, because no hearing was requested. Rule 69O-203.070: Annual and Quarterly Reports; Forms will be amended to …

The First District Court of Appeal has issued an Opinion and Order dated Wednesday, May 14, 2008, denying Allstate Insurance Company’s motion for a rehearing regarding the Florida Office of Insurance Regulation’s suspension of its Certificate of Authority to write …