Category: Insurance Regulatory News

The National Association of Insurance Commissioners (“NAIC”) released its 2007 Annual Report, “State Regulation: Built to Last” on Sunday, March 30, 2008. To view a copy of the report, click here. The report provides a comprehensive summary of the NAIC’s …

The National Association of Insurance Commissioners’ (“NAIC”) Life Insurance and Annuities Committee unanimously adopted revisions to the Unfair Trade Practices Model Act that would limit an insurer’s ability to refuse life insurance because of lawful past travel or, under certain …

Incorporated in October 1996, the National Insurance Producer Registry (“NIPR”) is a non-profit affiliate of the National Association of Insurance Commissioners. NIPR developed and implemented the Producer Database and Electronic Appointments/Terminations (formerly PIN). Below is a press release from the …

Are You Over Paying for Homeowners Insurance? Orlando Sentinel–Mar. 28, 2008      Almost midway through the session in Tallahassee, legislative leaders are making more sense than not as they try to get the state and its homeowners to weather …

Insurance rates again take up Legislature’s time By McClatchy TribuneKeynoter.com–Mar. 28, 2008 A year after making sweeping property insurance changes, Florida legislators are divided between maintaining a consumer-friendly face or allowing homeowner premiums to start inching up. This week, the …

Bill extends state-funded loans, helping companies boost capital reserves By BOB FLISS Charlotte Business Editor Sun-Herald–Mar. 28, 2008 TALLAHASSEE — After two consecutive quiet hurricane seasons, competition is gradually returning to Florida’s property insurance market. A House council on Thursday …

South-Florida Sun-Sentinel–Mar. 28, 2008 By Samuel Z . Kobran The conundrum the Florida state legislators find themselves in, as reported in the South Florida Sun-Sentinel, is what extent should they modify the property tax insurance law passed last year. The …

Miami-Herald–Mar. 28, 2008BY BEATRICE E. GARCIA Money earmarked to pay future Citizens Property Insurance claims could end up funding a program to provide additional capital for young insurers and start-ups. A bill passed Thursday by the Florida House’s Jobs and …

REMINDER:  The deadline to file for 2008 limited apportionment status is March 31, 2008.  To view a Notice from Citizens Property Insurance Corporation and Limited Apportionment Status Filing Petition, click here.    Overview of Limited Apportionment Status   By Erin T. Siska, …

  To view a complete story, click on a headline below: Citizens Insurance surplus could be tapped Money earmarked to pay future Citizens Property Insurance claims could end up funding a program to provide additional capital for young insurers and …