Category: Insurance Regulatory News

Hurricanes Spawn Products

Apr 16, 2008

Tampa Bay Tribune–April 16, 2008By NEIL JOHNSONThe Tampa Tribune Science may never devise a way to control hurricanes, but technology is evolving to deal with the aftermath. There’s a new device to keep floodwater outdoors, a new method of tracking …

Sales tax holidays in doubt

Apr 16, 2008

St. Petersburg Times–April 15, 2008 By STEVE BOUSQUET, Times Staff Writer TALLAHASSEE — Florida’s popular sales tax holiday for back-to-school supplies is in jeopardy. Money is so tight as the Legislature writes the 2008-09 state budget, senators are balking at …

Allstate’s CEO aims to ensure its future

Apr 16, 2008

Wilson adds products to counter tough times By Becky Yerak Tribune staff reporter Chicago Tribune–April 13, 2008 Despite racking up its second-highest profit ever, Allstate Corp.’s shareholder return fell 17 percent last year, worse than the 13 percent decline in …

Tougher regulation of appraisers urged

Apr 16, 2008

Palm Beach Post–April 16, 2008 By GERRY SHIHPalm Beach Post Washington Bureau WASHINGTON — Sen. Mel Martinez, R-Fla., introduced legislation on Tuesday to clamp down on the home appraisal industry that lawmakers say contributed to severe mortgage woes. The bill, …

NAIC Earthquake Study Group

Apr 16, 2008

During the March 31, 2008 meeting of the National Association of Insurance Commissioners (“NAIC”) Property and Casualty Insurance Committee (“Committee”), Committee Chair Florida Insurance Commissioner Kevin McCarty announced the formation of an Earthquake Study Group that will report to the …

Capitol to Courthouse Headliners: Wednesday, April 16

Apr 16, 2008

  To view a complete story, click on a headline below:   Allstate’s Appeal Buys It Some More Time to Write Florida Policies Allstate Insurance Corp. bought itself at least two more days to keep peddling new policies in Florida. …