Category: Insurance Regulatory News

State sued in Poe case

May 1, 2008

Miami Herald–May 01, 2008 BY BEATRICE E. GARCIA A lawsuit has been filed against the Florida Insurance Guaranty Association claiming the agency failed to notify consumers there’s a deadline for resolving claims against the failed Poe insurance companies. The suit, …

Citizens insurance rates may hold steady

May 1, 2008

Florida Today–May 1, 2008 BY RYAN HIRAKIFLORIDA TODAY CAPITAL BUREAU TALLAHASSEE — Rates for the state’s largest property insurer could remain the same at least another year, but leaves all insured Floridians open to charges if a hurricane hits. After …

Revamped insurance package passed by House

May 1, 2008

Miami Herald–May 01, 2008 Private property insurers will soon be more tightly regulated under a voluminous measure passed in the Florida House. The measure passed shortly before midnight Wednesday. The 120-page bill provides incentives to attract new companies to enter …

House bill extends Citizens rate freeze

May 1, 2008

Daytona Beach News-Journal–May 01, 2008 By JIM SAUNDERSTallahassee Bureau Chief TALLAHASSEE — The Florida House late Wednesday passed a bill that would prevent rate increases for customers of the state-backed Citizens Property Insurance Corp. until January 2010. House members voted …

Legislature strikes deal on property insurance bill

May 1, 2008

South Florida Sun-Sentinel–May 1, 2008 By Julie PatelSouth Florida Sun-SentinelTALLAHASSEE The state House late Wednesday night unanimously passed a sweeping property insurance bill that is touted as a "homeowners’ bill of rights." The Senate is expected to approve the compromise …

Capitol to Courthouse Headliners: Thursday, May 1

May 1, 2008

  To view a complete story, click on a headline below:   Legislators compromise on ‘homeowners’ bill of rights’ The state House late Wednesday night passed a sweeping property insurance bill that is touted as a “homeowners’ bill of rights.” …

Homeowners Bill of Rights Goes to Governor

May 1, 2008

 The Senate just passed the Insurance Legislation with no amendments (33 yeas/ 5 nays – Hill, Lawson, Oelrich, Ring, Siplin) – CS/CS/CS SB 2860 relating to Insurance by Senator Jeff Atwater. To view the complete article, click here.

Florida Public Service Commission Meeting

May 1, 2008

The Florida Public Service Commission will hold a public forum for Florida electric utilities and the three major incumbent local exchange carriers to brief the Florida Public Service Commission on their 2008 hurricane season preparations. Location: Betty Easley Conference CenterRoom …