Category: Insurance Regulatory News

Recently, Citizens Property Insurance Corporation (“Citizens”) held a Board of Governors (“Board”) meeting. To view the complete agenda, click here. The meeting was called to order by Chairman Bruce Douglas, with a quorum of Board members in attendance. Also in …

The National Association of Insurance Commissioners (“NAIC”) has released its System for Electronic Rate and Form Filing (“SERFF”) newsletter for May, 2008. The SERFF system is designed to provide a cost-effective method of handling insurance policy rate and form filings …

On Thursday, May 8, 2008, a member of this firm attended a public hearing by the Department of Financial Services (“DFS”) on Proposed Rule 69J-2.003, F.A.C. entitled “Mediation Procedures for Resolution of Disputed Personal Lines Insurance Claims Arising from the …

Recently, Citizens Property Insurance Corporation (“Citizens”) held an Audit Committee (“Committee”) meeting to receive updates from Citizens’ Office of the Internal Auditor (“OIA”) that included the Financial Statement Audit. To view the complete agenda, click here. The meeting was called …

  To view a complete story, click on a headline below:   Senate defeats federal wind coverage A Gulf Coast-backed effort to add wind coverage to the National Flood Insurance Program was soundly defeated Wednesday in the Senate amid concerns …

The Florida Office of Insurance Regulation (“OIR”) today, May 8, 2008, issued an Order to Show Cause (“Order”) to two life insurance companies related to their solicitation of business from U.S. military personnel. The OIR press release regarding the Order …

The Florida Department of Financial Services, Division of Consumer Services has issued a Notice of Proposed Rule Hearing for: (Rule number: Rule title) 69J-2.003: Mediation Procedures for Resolution of Disputed Personal Lines Insurance Claims Arising from the 2004 and 2005 …

The Tampa Tribune–May 7, 2008 By MICHAEL SASSO TAMPA – To some investors, pumping money into a new Florida insurance company must be as attractive as investing in Florida real estate right now. The potential upside is great, but you …

The St. Petersburg Times–May 6, 2008 By Mike Donila, Times staff writer CLEARWATER — Ken Christman’s taxes were $5,000 per year when he bought the 14-room Golden Villa Motel on Clearwater Beach in 1996. Today, they’ve climbed to more than …

The Tampa Tribune–May 7, 2008 By BILLY HOUSE WASHINGTON – A Senate bill to renew the national flood insurance program is expected to reach a final vote this week, but not before lawmakers from Florida and other Gulf Coast states …