Category: Insurance Regulatory News

Dixon Hughes has prepared the attached Synopsis of the NAIC Fall Meeting held from September 29, 2007 through October 1, 2007 in Washington, D.C.  This Synopsis is intended to be a summary of the events and not a full recap …

Click on a headline to read the complete story:   OIR mandates greater decrease in workers’ comp rate The Florida Office of Insurance Regulation has rejected the National Council on Compensation Insurance’s (NCCI) latest rate filing for workers’ compensation insurance …

The Reinsurance Task Force (“Task Force”) of the National Association of Insurance Commissioners (“NAIC”) has scheduled a conference call for October 25, 2007 at 11:30 a.m. EST, to discuss the upcoming interim meeting of the Task Force in Atlanta, Georgia …

The following information was just released by the Florida Office of Insurance Regulation (“OIR”) regarding the postponement of the Auto-Owners Public Hearing: —————————————— -FROM THE FLORIDA OFFICE OF INSURANCE REGULATION- MEDIA ADVISORY Oct. 23, 2007 WHAT:   AUTO-OWNERS PUBLIC HEARING POSTPONED …

The following information was just released by the Florida Office of Insurance Regulation (“OIR”):   ———————————————————- -NEWS FROM THE FLORIDA OFFICE OF INSURANCE REGULATION- For Immediate Release: Contact:   Ed Domansky/Tom Zutell/Jonathon Kees850/413-2515 FLORIDA INSURANCE COMMISSIONER MCCARTY ORDERS FURTHER DECREASE IN …

Click on a headline to read the complete story:   No fault takes a break, lawsuits may proliferate Florida motorists may want to use their best defensive driving skills between now and New Year’s.   Canceled Coastal Insurance Policies Argue …

The National Association of Insurance Commissioners (“NAIC”) recently received the attached report from the American Insurance Association and the Reinsurance Association of America. The report proposes that insurance and mitigation subsidies be offered as a way to ease the homeowners’ …

On October 22, 2007, the Ad Hoc Vendor Review & Selection Committee (“Committee”) of the Florida Automobile Joint Underwriting Association (“FAJUA”) held a teleconference to discuss the pricing arrangement between York Claims Service, Inc. (“York”) and FAJUA. York currently provides …

Q&A with Insurance Commissioner Kevin McCarty By Kathy Bushouse, Sun-Sentinel.com October 21, 2007   Recently Sun-Sentinel staff writer Kathy Bushouse sat down with state insurance commisioner Kevin McCarty, who has put pressure on property insurers over rates. Here is the …

Photo: Michael Democker / Times-Picayune Above:  Louisiana Governor-elect Bobby Jindal greets a crowd of supporters while surrounded by family at a victory party in Baton Rouge Saturday night. From CNN/The Associated Press    Louisiana elects first nonwhite governor since Reconstruction …