Category: Insurance Regulatory News

State gets ‘F’ for insurance climate, reports says

Apr 10, 2008

Treasure Coast Palm–April 10, 2008 By Nadia Vanderhoof A nationwide study conducted by a nonprofit institute says Floridians are paying higher premiums for their homeowners insurance than necessary because of cumbersome state regulations. The Heartland Institute study gave the state …

SENATOR DON GAETZ: Senate looks to regulate insurance

Apr 10, 2008

Gulf Breeze News As you may recall from previous reports, the Senate Select Committee on Property Insurance Accountability recently conducted an inquiry into why insurance rates were not reduced as much as expected based on legislation passed in 2007. Insurance …

EDITORIAL: Office of Insurance Regulation

Apr 10, 2008

Watchdog shows it won’t let go of Allstate demand By Staff Reports Naples Daily News–April 9, 2008 Florida’s Office of Insurance Regulation is in this for the long haul. The office said it was serious about learning the truth about …

Allstate is faced with 3rd inquiry

Apr 10, 2008

Senate panel wants to know if insurer lied and tried to thwart rate-cutting efforts By Paige St. JohnHerald-Tribune–April 10, 2008 TALLAHASSEE — Behind a nondescript brown door on the second floor of a Senate office building, the Florida Legislature is …

Allstate Still Fighting For Document Secrecy

Apr 10, 2008

National Underwriter–April 9, 2008 BY MATT BRADYNU Online News Service Allstate’s release of 150,000 pages of a consultant’s controversial report on claims handling does not satisfy Florida insurance regulators who said the company is still fighting to keep reams of …

Capitol to Courthouse Headliners: Thursday, April 10

Apr 10, 2008

  To view a complete story, click on a headline below: Allstate Still Fighting For Document Secrecy Allstate’s release of 150,000 pages of a consultant’s controversial report on claims handling does not satisfy Florida insurance regulators who said the company …

Court urges Allstate to act quickly

Apr 9, 2008

Tallahassee Democrat–Apr 9, 2008 By Paul FlemmingFLORIDA CAPITAL BUREAU Both state insurance regulators and Allstate claimed a share of victory with a court order Tuesday in their ongoing political and legal battle. The state may not shut Allstate out of …

Court Moves Up Allstate Deadline to Comply With Florida

Apr 9, 2008

Spokesman says company is evaluating legal options. By BRENT KALLESTADTHE ASSOCIATED PRESSThe Ledger–April 9, 2008 TALLAHASSEE | Allstate’s companies doing business in Florida will have to stop writing new policies after April 14 if the insurance giant fails to apply …