Category: Insurance Regulatory News

  Universal Insurance Holdings, Inc. Subsidiary American Platinum Property and Casualty Insurance Company to Launch Commercial Residential Program Receives Authorization to Add Fire, Commercial Multi-Peril, and Other Liability Lines of Business in Florida.    Wife of Accused Insurance Fraudster Who …

  Public Hearing Set for Proposed Citizens Insurance Rate Hike Rate hike proposals averaging nearly 10 percent next year for South Florida customers of Citizens Property Insurance will be scrutinized in Public Hearings in Tallahassee on August 18.   Ron …

  September and October Approved Take-Outs From Citizens Property Insurance Corporation The Florida Office of Insurance Regulation has approved participants in the September and October Citizens Property Insurance Corporation Take-Out Periods, Capital Soup reports.   Feds Move to Seize Home …

  Florida’s Most Stolen Vehicle? Guess What Leads the New List If you said the Altima, you’re right that it is the 2015 Model most commonly stolen in Florida and the country as a whole, the Palm Beach Post’s Charles …

  In his Division of Insurance Agent and Agency Services (“Division”) newsletter published today, July 29, 2016, Florida Chief Financial Officer and State Fire Marshal Jeff Atwater reminded about the recent transition involving law enforcement units housed within the Florida Department …

  The National Association of Insurance Commissioners’ National Treatment and Coordination Working Group is accepting written comments on a draft of Form A Review Best Practices until August 19, 2016.   The proposed Best Practices are ultimately intended to be a …

  Battling Back Against the Use of AOBs in Water-Related Claims Assignments of Benefits are the fastest-moving vehicles for fraudulent activity in Homeowners’ Insurance Claims, Colodny Fass’ Maria Elena Abate writes via Claims Management Magazine.    Sea Level Rise Threatens …

  Florida’s Largest PACE Program, YgreneWorks, Expands to Offer Over 5M Property Owners Access to Affordable Energy Efficiency and Climate Resiliency Improvements Applications for financing double as Obama Administration endorses PACE and home and business owners prepare for hurricane and …

  As required by Senate Bill 1770 enacted in 2013, Florida’s Citizens Property Insurance Corporation (“Citizens”) advised its agents today, July 27, 2016, that it will decrease allowable maximum policy coverage limits effective January 1, 2017 for new and renewal …

  COLUMBIA, S.C.–(BUSINESS WIRE)–The Seibels Bruce Group, Inc. (Seibels), an insurance services provider of business process outsourcing (BPO) solutions, announced today, July 27, 2016, that Gulfstream Property and Casualty Insurance Company (Gulfstream), a Seibels client since 2004, has expanded its business and is …