Category: Insurance Regulatory News

  CORRECTION—The insurance-related events listed below are scheduled for tomorrow, August 15.  The following meeting will take place today: 9:00 a.m. to 4:00 p.m.–Florida Commission on Hurricane Loss Projection Methodology meeting.  Review of the Florida Public Hurricane Loss Model under …

Holding the first of a three-day meeting today, August 13, 2013, the Florida Commission on Hurricane Loss Projection Methodology (“FCHLPM”) met in Tallahassee to review the Florida Public Hurricane Loss Projection Model (“Public Model”) under the FCHLPM’s Standards and Acceptability …

The Broward League of Cities advised on behalf of President Susan Starkey today, August 13, 2013, that record rainfall this spring and summer has led to the highest water levels ever recorded for this time of year in the Everglades …

  After enacting related new laws last year, Georgia and Connecticut recently finalized versions of the NAIC’s Credit for Reinsurance Model Regulation.  The new Rules became effective on June 12 and August 6, 2013, respectively. The Georgia version sets forth …

  The Florida Office of Insurance Regulation (“OIR”) will conduct a public hearing on August 20, 2013 in Tampa, Florida, to discuss Citizens Property Insurance Corporation’s (“Citizens”) proposed rate increases for its business in the Coastal Account (formerly known as …

  To go directly to the section of your choice, click on a hyperlink below.  Other hyperlinks to meeting information, bills and news are noted in bold type. Daily Florida Insurance-Related Events Daily Florida Insurance-Related News     Daily Florida …

  The Georgia Department of Insurance advised on July 8, 2013 in Directive 13-EX-3 that it will only accept electronically filed quarterly and annual premium tax returns from admitted companies  after January 1, 2014.  Insurers can utilize several options to …

  On October 1, 2013, Georgia residents will be eligible to purchase health insurance plans through federally-operated exchanges under the Patient Protection and Affordable Care Act, with “navigators” employed to direct individuals and companies to policies.  An Emergency Rule on …

  Pursuant to statutory changes, any approved supplemental appropriations for the Georgia Special Insurance Fraud Fund will now result in an assessment due 30 days later.  Regulation 120-2-72-.05(3) formerly provided for assessments to be due on “May 15 of the …

  Today, August 12, 2013, the Florida Insurance Consumer Advocate Homeowners’ Policy and Claims Bill of Rights Working Group (“Working Group”) met via teleconference to continue its discussion on property insurance claims handling issues.  Specifically, they addressed alternative dispute resolution …