Category: Insurance Regulatory News

Allstate Mulls Reaction To Florida Auto Line Suspension BY DANIEL HAYSNU Online News Service, Jan. 16, 4:01 p.m. EST Allstate is pondering its next move after Florida’s insurance commissioner announced he was suspending the insurer’s license to write new auto …

Allstate Responds to Fla. Insurance Commissioner’s Regulatory Actions January 16, 2008 In a written statement responding to the Florida Insurance Commissioner suspending Allstate’s certificate of authority Wednesday, the insurer said it is committed to working diligently with the Office of …

Florida hits Allstate in the moneymaker: Auto policies By BY RANDY DIAMOND and DARA KAM Palm Beach Post Staff Writers Thursday, January 17, 2008 TALLAHASSEE — Charlie Crist took the battle between insurance regulators and Allstate Insurance companies and kicked …

The Florida Office of Insurance Regulation (“OIR”) has issued the following advisory regarding the issuance of an Immediate Final Order suspending the Allstate Companies from writing new insurance business in Florida until the companies fully comply with the subpoenas served …

To read the complete story, click on a headline below: Florida hits Allstate in the moneymaker: Auto policies Charlie Crist took the battle between insurance regulators and Allstate Insurance companies and kicked it up a notch Wednesday: The governor suggested …

The Citizens Property Insurance Corporation (“Citizens”) Depopulation Committee (“Committee”) held a meeting on Tuesday, January 15, 2008 to discuss the proposed Commercial Residential Non-Bonus Depopulation Plan and give a depopulation update for 2007. To view a copy of the meeting …

  On Wednesday, January 16, 2008, a representative of this firm attended the Florida Surplus Lines Service Office (“FSLSO”) Board of Governors’ meeting. Below is a brief recap of the activities and discussion that took place. To view the notice …

  The Department of Highway Safety and Motor Vehicles (“DHSMV”) recently released additional information pertaining to implementation of House Bill 359, which increases financial responsibility requirements for DUI cases. Due to programming issues in the DHSMV, the period of time …

  To read the complete story, click on a headline below:   Fla. Regulator Suspends Allstate Over Subpoena A hearing probing the background of Allstate’s Florida property insurance rate hike requests was abruptly halted yesterday by the state insurance commissioner, …

Subsequent to this morning’s announcement by the Office of Insurance Regulation (“OIR”) that Allstate’s Certificate of Authority to write new business in Florida is being suspended, Governor Charlie Crist issued the following statement: “I applaud Commissioner McCarty for sending a clear message to Allstate …