Category: Insurance Regulatory News

CFO SINK ANNOUNCES MIAMI-DADE FRAUD ARRESTS

Aug 16, 2007

The following information was just released by Chief Financial Officer Alex Sink’s Press Office: MIAMI-Florida Chief Financial Officer Alex Sink announced arrests today of individuals accused of various insurance fraud schemes including auto body damage, Personal Injury Protection (PIP), and …

FLORIDA HURRICANE CAT FUND DOCUMENT UPDATES

Aug 16, 2007

The Florida Hurricane Catastrophe Fund (“Fund”) is structured as a tax exempt trust fund under the direction of the State Board of Administration.  The Fund protects and advances Florida’s interest in maintaining insurance capacity in the state, by providing reimbursements …

Capitol to Courthouse Headliners: Thursday, Aug. 16

Aug 16, 2007

Click on a headline to read the complete story:   Interim Report: No Proof Insurers Labeled Katrina Wind Claims as Flood A preliminary report from the federal government has found no evidence to support allegations that private insurers improperly shifted …

Capitol to Courthouse Headliners: Wednesday, Aug. 15

Aug 15, 2007

Click on a headline to read the complete story:   Insurer says policies can now transfer State Farm move is a tiny, positive sign In one small but significant sign that the homeowners insurance market may be turning, starting today …

If a Tree Falls on Your House, Will Your Insurer Hear It?

Aug 15, 2007

The I.I.I. Offers Provides Information about Filing Insurance Claims for Trees and Shrubs INSURANCE INFORMATION INSTITUTEContact: Press OfficesNew York: 212-346-5500; media@iii.orgWashington, D.C.: 202-833-1580 NEW YORK, August 15, 2007 — With homeowners spending billions of dollars a year on landscaping, it …

FLORIDA HEALTH INSURANCE ADVISORY BOARD MEETS IN MIAMI

Aug 15, 2007

The following information was just released by the Florida Office of Insurance Regulation: -NEWS FROM THE FLORIDA OFFICE OF INSURANCE REGULATION- For Immediate Release: Contact:  Tom Zutell or Jonathon Kees850/413-2515  FLORIDA HEALTH INSURANCE ADVISORY BOARD MEETS IN MIAMI  TALLAHASSEE (08/15/2007) …

Florida Commission on Hurricane Loss Projection Methodology

Aug 15, 2007

A Notice of Meeting/Workshop Hearing has been issued by the Florida State Board Of Administration for The Florida Hurricane Catastrophe Fund, which, on behalf of the Florida Commission on Hurricane Loss Projection Methodology, announces public meetings to which all persons …

Capitol to Courthouse Headliners: Tuesday, Aug. 14

Aug 14, 2007

Click on a headline to read the complete story:   State Farm preps for duel in Tallahassee A (postponed) bout between Crist and the insurer shapes up. Property insurance rate hearings in Tallahassee usually have all the drama of a …

OIR WORKSHOP–

Aug 14, 2007

On August 14, 2007, the Florida Office of Insurance Regulation (“OIR”) held a workshop on Rule 69O-138.005, Examination of Insurers.  Although this meeting was not requested by outside parties, an informal discussion took place during which comments were made by …