Category: Insurance Regulatory News

Click on a headline to read the complete story:   Audrey Brown Promoted To Chief Of Staff At Florida Office Of Insurance Regulation Florida Insurance Commissioner Kevin McCarty announced that he has promoted Audrey Brown to the position of chief of …

Click on a headline to read the complete story:   Our view on catastrophic coverage: When the government sells insurance, everybody pays Last January, Floridians decided they’d had enough of rising homeowners’ insurance rates.    Opposing view: Spread the risk …

Tampa Tribune, 11/12/2007 For Republican presidential front-runner Rudy Giuliani, Florida looms larger and larger as a crucial steppingstone on his path to winning the nomination.But he doesn’t have, and may never get, one key piece of help that could boost …

USA Today, 11/12/2007 Last January, Floridians decided they’d had enough of rising homeowners’ insurance rates. Tallahassee allowed a state-run company called Citizens Property Insurance to expand its coverage of private homes and businesses against damages from hurricanes and other disasters. …

USA Today, 11/12/2007 By Bill Nelson It suddenly appears Congress may create a national catastrophe-assistance program to brace millions of homeowners against natural disasters – and disastrous insurance rates. The House, by a 258-155 vote, has passed a plan by …

November 12, 2007 The nation’s reinsurance industry is criticizing Congressional natural disaster legislation as raising false hopes about addressing the homeowners insurance market in areas prone to hurricanes, at the expense of U.S. taxpayers and disenfranchising the private marketplace. The …

As Issued from the U.S. House Financial Services Committee Legislation Eliminates Federal Bailouts and Provide Property Owners Relief by Increasing Acess and Lowering Insurance Rates     Washington, DC – Historic legislation authored by U.S. Reps. Ron Klein (FL-22) and Tim Mahoney …

  Earlier this year, the Florida House of Representatives undertook an investigation of hurricane loss projection models used in Florida, including the Office of Insurance Regulation’s Public Model. As part of this investigation, House Speaker Marco Rubio submitted a request …

  The following media advisory was issued by the Florida Office of Insurance Regulation (“OIR”): ———————————————————————————   -FROM THE FLORIDA OFFICE OF INSURANCE REGULATION MEDIA ADVISORYNov. 9, 2007 WHAT:  PUBLIC RATE HEARING SCHEDULED FOR ALLSTATE COMPANIES – Allstate Floridian Indemnity, …

  For your review, the following is a revised schedule of upcoming events:   Tuesday 11/13/07 • 12:30 p.m. National Association of Insurance Commissioners Risk Retention Group (E) Task Force Teleconference • 2:00 p.m. – Florida Automobile Joint Underwriting Association …