Category: Insurance Regulatory News

Insurance-Related Meetings: Week of March 31-April 4

Mar 28, 2008

  Legislative Meetings The Senate Banking and Insurance Committee will hold a meeting on Tuesday, April 1, 2008 from 9:30 a.m.-11:00 a.m. in Room 412 of the Knott Building, The Capitol, Tallahassee, Florida. Insurance-related bills scheduled to be discussed include: …

FHCF Meeting Materials and Reimbursement Premium Formula Update

Mar 28, 2008

The Florida Hurricane Catastrophe Fund (“FHCF”) has published its March 26, 2008 Advisory Council (“Council”) meeting report, along with the FHCF 2008 Ratemaking Formula Report that was presented during the meeting. To view a copy of the meeting presentation, click …

NAIC Property & Casualty Meeting Agenda and Materials

Mar 27, 2008

The National Association of Insurance Commissioners (“NAIC”) Property and Casualty Insurance (C) Committee will meet Monday, March 31, 2008, 4 p.m., in the Sun A-Ballroom, as part of the NAIC Spring National Meeting in Orlando. The meeting agenda is below: 1. Review …

On storms, our heads are still in the sand

Mar 27, 2008

St. Pete Times–Mar. 26, 2008 By Howard Troxler, Times Columnist Sorry to bring up a sore subject, but we haven’t fixed this hurricane insurance thing yet. In fact, you could argue that we in Florida have just about put ourselves …

New bill could expand state’s power over insurers

Mar 27, 2008

South-Florida Sun-Sentinel–Mar. 25, 2008 By Julie Patel TALLAHASSEE The Senate Banking and Insurance Committee approved a bill Tuesday that would make sweeping property insurance changes in Florida. The bill would expand the state’s power to suspend and fine insurers that …

Report: Citizens to issue bonds

Mar 27, 2008

Orlando Business Journal–Mar. 26, 2008 Florida’s state-run property insurer may be taking steps to insure that it has funding to pay claims immediately after a hurricane. The board of governors of Citizens Property Insurance Corp. authorized the sale of between …