Category: Insurance Regulatory News

Miami Herald–Apr. 09, 2008 BY BEATRICE E. GARCIA A proposal to no longer let the state-run insurer write policies that cover only hurricane damage could lead to higher premiums and less coverage, according to agents around the state. The provision …

Orlando Sentinel–April 9, 2008 Aaron Deslatte Tallahassee Bureau TALLAHASSEE At the same time they are trying to reduce Floridians’ risk in future hurricanes, state lawmakers also want to take $250 million out of reserves held by Citizens Property Insurance to …

To view a complete story, click on a headline below: Court urges Allstate to act quickly Both state insurance regulators and Allstate claimed a share of victory with a court order Tuesday in their ongoing political and legal battle. Court …

A copy of the 2007 Rate Filing Report as discussed at the April 9, 2008 Florida Workers’ Compensation Joint Underwriters Association (“FWCJUA”) Audit Committee meeting is attached for your review.   Should you have any questions or comments, please do …

On Wednesday, April 9, 2008, the Florida Workers Compensation Joint Underwriters Association (“FWCJUA”) held an Audit Committee (“Committee) meeting to discuss the 2007 FWCJUA Financial Audit Report, the Audit Committee Charter, and to receive an update on the Private Letter …

The case of Emma Murray v. Mariner Health/Ace USA was argued this morning, Wednesday, April 9, 2008 before the Florida Supreme Court.  The Petitioner’s case challenges the constitutionality and application of limitations on the award of attorneys’ fees in workers’ compensation …

Florida Insurance Commissioner Kevin McCarty has issued the statement below regarding his meeting with Allstate agents today, April 9, 2008. Should you have any questions or comments, please do not hesitate to contact this office.   Statement by Florida Insurance …

The National Association of Insurance Commissioners (“NAIC”) Spring 2008 National Meeting was held from March 28 to April 1, 2008, in Orlando, Florida. The NAIC Spring 2008 National Meeting Committee Summaries Report, compiled with the assistance of the Property Casualty …

The Florida House will hold Session on Wednesday, April 9, 2008 from 11:00 a.m.-6:00 p.m. in The Capitol, Tallahassee, Florida. Insurance-Related bills to be discussed include: HB 0267: Relating to False and Fraudulent Insurance Claims by Representative Alan Hays HB …

The Florida Senate will hold Session on Wednesday, April 9, 2008 from 9:00 a.m.-3:00 p.m. in The Capitol, Tallahassee, Florida. Insurance-Related bills to be discussed include: SB 1886: Relating to the State Group Insurance Program by Senator Lisa Carlton SB …