Category: Insurance Regulatory News

Insurers deal new blow to home buyers

Mar 24, 2008

Miami Herald–Mar. 22, 2008BY MONICA HATCHER First, it was mortgage lenders who began requiring bigger down payments from borrowers in South Florida, ostensibly making it harder to buy and slowing recovery of the housing sector. Now, mortgage insurers are delivering …

Citizens Sells Fewer Sinkhole Policies

Mar 24, 2008

The Tampa Tribune–Mar. 24, 2008By CHRISTIAN M. WADE The Tampa Tribune NEW PORT RICHEY – Thousands more homeowners in "sinkhole alley" are going uncovered. In what is becoming a trend, customers of Citizens Property Insurance Corp. continue to forgo standard …

Takeout companies replacing Citizens

Mar 24, 2008

Daytona Beach News-Journal–March 22, 2008By BARRY FLYNNBusiness Writer DAYTONA BEACH — Jean Minerd knows a bit about homeowners’ insurance: Her big, 100-year-old Beach Street house took a beating during the 2004 hurricanes, and the ensuing agony gave her an unwanted …

Commercial insurance is back from the brink

Mar 24, 2008

Miami-Herald–Mar. 24, 2008BY BEATRICE E. GARCIA It’s not the good old days again — before eight hurricanes slammed into Florida between 2004 and 2005 — when plenty of insurers were willing to write commercial coverage and rates were relatively low. …

Storm brewing over Florida property insurance legislation

Mar 24, 2008

South Florida Sun-Sentinel–Mar. 23, 2008By Aaron Deslatte Julie Patel TALLAHASSEE 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 Senate will …

Capitol to Courthouse Headliners: Monday, March 24

Mar 24, 2008

  To view a complete story, click on a headline below: Storm brewing over Florida property insurance legislation A year after making sweeping property insurance changes, Florida legislators are divided between maintaining a consumer-friendly face or allowing homeowner premiums to …

Florida House Insurance Committee

Mar 24, 2008

The Florida House Insurance Committee will hold a hearing on Monday, March 24, 2008 from 1-6 p.m. in Morris Hall, The Capitol, Tallahassee, Florida. A representative from the Florida Office of Insurance Regulation is scheduled to testify regarding the state …

NAIC Reinsurance Task Force Meeting Scheduled for March 29

Mar 21, 2008

The National Association of Insurance Commissioners (“NAIC”) Reinsurance Task Force (“Task Force”) will hold a meeting on Saturday, March 29, 2008 from 3:00 p.m. to 5:00 p.m. in the Gaylord Palms Convention Center, Osceola C, Ballroom Level, Orlando, Florida. On …

FEDC Inside Track for Legislative Affairs: Week of March 17-21

Mar 21, 2008

  Above:  Speaker-designate and Policy & Budget Council Chairman Rep. Ray Sansom, R- Fort Walton Beach, explains the importance of balancing Florida’s checkbook during consideration of the budget adjustment conference committee’s report on the House floor.   FEDC Legislative Report:  …