Category: Insurance Regulatory News
Oct 10, 2012
The following article was published in the South Florida Sun Sentinel on October 10, 2012: Proposed tax would make insurance even costlier www.sun-sentinel.com Twenty years ago, Hurricane Andrew hit Florida with wind speeds averaging 145 miles per hour, eventually …
Oct 10, 2012
At its meeting yesterday, October 9, 2012, the Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council (“Council”) unanimously approved the FHCF’s October 2012 estimated claims-paying capacity at $15.503 billion, approximately $1.5 billion short of the FHCF’s total potential maximum claims-paying …
Oct 10, 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 …
Oct 10, 2012
The following article was published in The Florida Current on October 10, 2012: Large – but not largest – auto insurers aim to cut no-fault rates By Gray Rohrer www.floridacurrent.com Four out of the five largest automobile insurance companies in …
Oct 10, 2012
The following article was published in the New York Times on October 10, 2012: Rate hikes a credit plus for Florida state insurer – Moody’s www.nytimes.com Moody’s Investors Service sees a 10.8 percent rise for homeowner policies and other rate …
Oct 9, 2012
The Florida Office of Insurance Regulation (“OIR”) issued an update today, October 9, 2012, on company filings that include proposed rate indications and selections pursuant to HB 119, the Personal Injury Protection reform bill enacted this year. As a …
Oct 9, 2012
The Citizens Property Insurance Corporation (“Citizens”) Depopulation Committee (“Committee”) met today, October 9, 2012, in Orlando. The main purpose of the meeting was to review Citizens’ proposed Surplus Notes Program (“Program”) and receive public testimony on it. Committee Chairman …
Oct 9, 2012
The Depopulation Committee (“Committee”) of Citizens Property Insurance Corporation (“Citizens”) is meeting today, Tuesday, October 9, 2012 in Orlando, Florida. The Committee is discussing the Surplus Notes Program (“Program”). In a statement to the Committee members, Citizens President and …
Oct 9, 2012
As part of its meeting agenda this morning, October 9, 2012, the Florida Cabinet approved an Emergency Rule for the Florida Hurricane Catastrophe Fund (“FHCF”) that will provide an optional date change for the FHCF 2012-2013 Contract Year in …
Oct 9, 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 9:00 …