Category: Insurance Regulatory News
Nov 16, 2012
2:00 p.m.–Florida Self-Insurers Guaranty Association Finance Committee meeting. Tallahassee, Florida. To view the meeting notice, click here.
Nov 15, 2012
At its meeting today, November 15, 2012, the Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Audit Committee (“Committee”) approved the 2013 meeting schedule, reviewed the Charter Committee procedures checklist, and heard a report on an upcoming market exam. With …
Nov 15, 2012
The Florida Supreme Court ruled today, November 15, 2012, that a trial court must decide whether Citizens Property Insurance Corporation (“Citizens”) is immune from a bad faith lawsuit. Citizens is considered a state entity under Florida law, and therefore …
Nov 15, 2012
During a Workgroup meeting Tuesday, November 13, 2012, the Florida Workers’ Compensation Insurance Guaranty Association (“FWCIGA”) discussed proposed statutory language intended to address the recent impact of workers’ compensation insurer insolvencies by protecting policyholders and the public from the …
Nov 15, 2012
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 Insurance-Related News Daily Florida Insurance-Related Events 10:00 …
Nov 15, 2012
Already strapped with a $17 billion debt, the National Flood Insurance Program (“NFIP”) faces looming new flood-related claims from “Superstorm” Sandy, the cost of damage from which early projections already place in the $6-12 billion dollar range, according to Ed …
Nov 15, 2012
1:00 p.m.–Citizens Property Insurance Corporation Investment Committee Meeting. Teleconference: 866-361-7525; conference code: 4869641229#. To view the meeting notice, click here.
Nov 15, 2012
10:00 a.m.–Florida Workers’ Compensation Joint Underwriting Association Audit Committee meeting; To view the agenda, click here.
Nov 14, 2012
At the suggestion of various trade associations, for each insurer that filed a Property Risk-Based Capital (“RBC”) report for year-end 2011, the National Association of Insurance Commissioners (“NAIC”) is advising companies’ Annual Statement and RBC contacts about a change …
Nov 14, 2012
The Florida State Board of Administration (“SBA”) Audit Committee met yesterday, November 13, 2012, during which Florida Hurricane Catastrophe Fund (“FHCF”) Chief Operating Officer Dr. Jack Nicholson and Anne Burt, FHCF Director of Operations, presented results of the FHCF …