Category: Insurance Regulatory News

People to Watch: 2008: David A. Sampson

Jan 14, 2008

People to Watch: 2008 By Regis Coccia, Editor Published on January 7, 2008 As part of our annual year-in-review features, Business Insurance looks back at the top stories and the people who made news during the prior 12 months. For …

FEDC Legislative Report: Committee Week of Jan. 7-11

Jan 14, 2008

  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 …

Future of med-mal caps in doubt

Jan 14, 2008

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

Jan 14, 2008

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

Jan 14, 2008

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 …

Capitol to Courthouse Headliners: Monday, Jan. 14

Jan 14, 2008

  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 …

SBA Report, Adoption of OIR Regulations on Jan. 15 Cabinet Agenda

Jan 14, 2008

  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 …

Citizens Actuarial & Underwriting Committee Revises Eligibility, Cancellation Rules; Reviews New Rate Structure Plan

Jan 11, 2008

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 …