Category: Insurance Regulatory News

On October 29 and 30, 2007, a member of this Firm attended meetings of the Governor’s Action Team on Energy and Climate Change (“Action Team”), which took place in Tallahassee, Florida.  The Action Team discussed the details of Florida’s Energy …

On October 12, 2007, pursuant to § 631.57(3)(a), Florida Statutes, the Florida Insurance Guaranty Association (“FIGA”) Board of Directors certified to the Florida Office of Insurance Regulation (“OIR”)  the need for a 2% assessment upon its member insurers. The OIR …

Florida Today, 10/30/2007 Ins and outs of property-tax cutsTax cuts by county A bitterly divided Legislature voted Monday to put a $12 billion property-tax relief package before voters Jan. 29 in a plan hatched largely behind closed doors only the …

Palm Beach Post, 10/29/2007 State regulators on Monday gave four small insurers permission to make ‘take-out’ offers to 173,000 customers of Citizens Property Insurance beginning Nov. 7. The offers will come as good news for homeowners, who might be able …

The attached documents were sent to National Association of Insurance Commissioners (“NAIC”) Reinsurance Task Force members, commissioner representatives, interested regulators and other interested parties on behalf of Bryan Fuller of the NAIC.  The documents include: Comments for the Port of Entry …

The following information was just released by Florida Chief Financial Officer Alex Sink’s Press Office: ——————————————————- FOR IMMEDIATE RELEASE                                 October 29, 2007                                                                               CONTACT: Tara Klimek or Brannon Jordan (850) 413-2842       MY SAFE FLORIDA HOME PROGRAM INCREASES STANDARDS FOR INSPECTION FIRMS …

The following information was released earlier today by the Florida Office of Insurance Regulation (“OIR”): ——————————————————- -NEWS FROM THE FLORIDA OFFICE OF INSURANCE REGULATION- For Immediate Release:                    Contact:   Ed Domansky or Tom Zutell                850/ 413-2515 PRIVATE INSURERS FIND WAY TO …

Click on a headline to read the complete story:   Florida fight vs. insurers floods nation TALLAHASSEE – Coastal residents across the nation have a stake in Florida’s ferocious property insurance war, where regulators and the industry are going head-to-head …

Click on a headline to read the complete story:   Citizens Property Insurance to lose 200,000 policies Instead of being swamped with new policies, state-run Citizens Property Insurance now expects to see more than 200,000 leave its books before year-end. …

The National Association of Insurance Commissioners (“NAIC”) held its Fall 2007 National Meeting on September 29 – October 1, 2007, in Washington, D.C.  A representative from this Firm attended the Fall Meeting and for your review, we have attached Minutes. …