Category: Insurance Regulatory News

  January 7-11:  First Week of Interim Committees for 2008 The Florida Legislature filled the halls of the Capitol during the week of January 7-11 to conduct the first week of interim committee meetings for 2008. Due to the number …

Survey results reveal residents’ growing discontent with life in Florida A survey reveals increasing dissatisfaction with life in Florida. The discontent may be an early warning sign, analysts say.   Maya Bell Sentinel Staff Writer January 14, 2008 Long a …

Property tax-cut fate hard to call, with only two full weeks before vote     By Linda Kleindienst Tallahassee Bureau Chief   January 13, 2008   TALLAHASSEE   It was supposed to be a no-brainer. Give Florida voters a chance …

Future of med-mal caps in doubt Miami Herald, 1/14/2008 View article on Miami Herald   Five years ago, following a well-documented battle between insurance companies and patient rights groups,   Florida capped statutory damages on medical malpractice insurance awards. Recent …

Florida Medicaid recipients sue state over new plan Miami Herald, 1/12/2008 FORT LAUDERDALE, Fla. — Florida’s Medicaid reform experiment is being challenged in court in a federal class-action lawsuit filed by three Broward County recipients who claim the state improperly …

Citizens at eye of storm over state investment pool $7 billion of insurer’s assets invested in troubled state fund By Julie Patel South Florida Sun-Sentinel January 13, 2008 Citizens Property Insurance Corp., Florida’s largest property insurer, is hoping its investments …

  To read the complete story, click on a headline below: Citizens at eye of storm over state investment pool $7 billion of insurer’s assets invested in troubled state fund Citizens Property Insurance Corp., Florida’s largest property insurer, is hoping …

  The Florida Cabinet (“Cabinet”) is scheduled to meet on Tuesday, January 15, 2008 at 9 a.m. in Tallahassee.  The Cabinet is comprised of Governor Charlie Crist, Attorney General Bill McCollum, Chief Financial Officer Alex Sink and Commissioner of Agriculture and Consumer Services Charles …

The Citizens Property Insurance Corporation (“Citizens”) Actuarial and Underwriting Committee (“Committee”) held a meeting on Thursday, January 10, 2008 via teleconference to discuss Citizens’ new eligibility and cancellation requirements, rating algorithms, personal lines underwriting and commercial lines underwriting.   To view …

Click on a headline to read the complete story:   Above:  State Senator Steve Geller “We’re going to want Mr. Farm, from State Farm. If we get GEICO Insurance, we want the gecko personally here.” –Senator Geller responding to a question …