Category: Insurance Regulatory News

The Florida Office of Insurance Regulation (“OIR”) has cancelled the public rate hearings scheduled for American Southern Home Insurance Company on October 11, 2007; St. John’s Insurance Company, Inc. on November 1, 2007; and State Farm Florida Insurance Company, State …

Please be advised of the following upcoming meetings: Florida Workers Compensation Joint Underwriting Association (“FWCJUA”) October 15, 2007 at 10 a.m. via teleconference Florida Hurricane Catastrophe Fund (“FHCF”) October 16, 2007 at 1 p.m. in Tallahassee, Florida (dial-in option available) …

Click on a headline to read the complete story:   Sink wants Cabinet, not lawmakers, to decide CAT fund rates TALLAHASSEE, Fla. — Chief Financial Officer Alex Sink wants lawmakers to turn over some control of the state’s backup hurricane …

Citizens Property Insurance Corporation (“Citizens”) has released its 2008 Calendar for Depopulations.  As in the past, specific deadlines exist in order for a carrier to participate in a Citizens take-out.  These deadlines are based upon the ultimate assumption date proposed …

  On Tuesday, October 9, 2007, the Office of Insurance Regulation (“OIR”) held a rate hearing in Tallahassee, Florida, for Companion Property and Casualty Insurance Company, Inc. (“Companion”).  Mike Milnes, OIR Deputy Director of Property and Casualty Product Development, presided …

We previously provided information pertaining to Chief Financial Officer Alex Sink’s (“CFO”) press conference earlier today, regarding her Florida Hurricane Catastrophe Fund (“FHCF”) Reform Proposal. For your review, included with this e-mail is a copy of the specific terms of that Proposal.   …

Florida’s Chief Financial Officer, Alex Sink, today held a press conference at which she announced her plan to reform the Florida Hurricane Catastrophe Fund (“FHCF”) by moving its management to be under the oversight of the Governor and Cabinet.  The plan would …

On Monday, October 8, 2007, this office attended a public hearing held by the Florida Office of Insurance Regulation (“OIR”) regarding the National Council on Compensation Insurance (“NCCI”) Workers’ Compensation Insurance Rate Filing.  Both supporting and opposing public testimony was …

Florida Chief Financial Officer Alex Sink (“CFO”) will hold a press conference today at 12:30 p.m. regarding the Florida Hurricane Catastrophe Fund.  Below please find a copy of the CFO’s press release. ————————————————————   MEDIA ADVISORYCONTACT:  Tara Klimek or Nina Banister(850) …

The Florida Office of Insurance Regulation (“OIR”) has announced that it is denying USAA’s rate increase filing, and is accordingly cancelling the public rate hearing scheduled for Tuesday, October 9, 2007 at 10 a.m. Below please find a copy of …