Category: Insurance Regulatory News

The following information is provided through the courtesy of Rob Esson and Dan Daveline of the National Association of Insurance Commissioners (“NAIC”) to interested parties of the NAIC’s International Solvency & Accounting Working Group: An interim meeting of the International Solvency & …

The National Association of Insurance Commissiners’ “SERFF” (System for Electronic Rate and Form Filing) system is designed to provide a cost-effective method of handling insurance policy rate and form filings between regulators and insurance companies.  SERFF improves the efficiency of …

Click on a headline to read the complete story:   State Farm public hearing put off TALLAHASSEE — Tuesday’s scheduled public hearing on State Farm’s home insurance practices in Florida is now postponed, stymied by regulators’ own zeal.   Use of …

On August 6, 2007, the U.S. Fifth Circuit Court of Appeal in New Orleans issued another very important ruling in favor of the insurance industry by validating the clear intent and meaning of the valued policy law in Louisiana.  The …

The Florida Office of Insurance Regulation has just released the following: For Immediate Release: Contact:  Tom Zutell or Jonathon Kees850/ 413-2515 TALLAHASSEE (08/10/2007) – This week, the Office of Insurance Regulation disapproved Metropolitan Casualty Insurance Company’s and Metropolitan Property & …

The Florida Office of Insurance Regulation has just released the following:   TALLAHASSEE (08/10/2007) – Florida Insurance Commissioner Kevin McCarty has postponed the public hearing to be held on Tuesday, August 14, 2007 regarding recent underwriting decisions made by the …

The Florida Department of Environmental Protection (“FDEP”) Division of Air Resource Management will be holding the following workshops on August 23, 2007: Location:       3800 Commonwealth Boulevard                     Carr Building, Room 170                     Tallahassee, Florida • 9:00 am      Adopting California’s Motor Vehicle Emissions Standards …

Click on a headline to read the complete story:   Carolina G.O.P. Moves Up Primary CONCORD, N.H., Aug. 9 — The South Carolina Republican Party has moved up its primary to Jan. 19, leapfrogging ahead of the Florida primary and …

On Thursday, August 9, 2007, a representative from this office attended a public hearing on Proposed Rules 69O-125.005 and 69O-125.006, relating to the “Use of Credit Reports and Credit Scores by Insurers.” These Rules require the review and approval of …

Use of credit reports and credit scores The Florida Financial Services Commission ("FSC"), on behalf of the OIR, has issued a Notice of Proposed Rulemaking for Rule number 690-125.005, relating to the use of credit reports and credit scores byinsurers, …