Category: Insurance Regulatory News
Sep 13, 2012
The Florida Office of Insurance Regulation is encouraging consumers with Smartphone technology to take advantage of two new mobile applications created by the National Association of Insurance Commissioners (NAIC). The first app was designed to help consumers prepare a home …
Sep 13, 2012
The National Association of Insurance Commissioners (“NAIC”) Executive Committee and Plenary adopted the Risk Management and Own Risk and Solvency Assessment (“RMORSA”) Model Act, along with revisions to Actuarial Guideline XXXVII (“AG 38”) at a joint meeting yesterday, September …
Sep 13, 2012
Citizens Property Insurance Corporation (“Citizens”) issued the following advisory yesterday, September 12, 2012: This message is to advise interested parties that the Citizens Non-Bonus assumption scheduled for November 6, 2012, will continue as planned and advertised on the Citizens …
Sep 13, 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 …
Sep 12, 2012
During the Florida Workers’ Compensation Joint Underwriting Association Board of Governors (“Board”) meeting held today, September 12, 2012, it was unanimously agreed to effectuate an overall average premium level increase of 6.8 percent, effective January 1, 2013, for new …
Sep 12, 2012
By Crady deGolian A California court ruling is being hailed as a significant victory for states and the interstate compact mechanism. At issue in the case of The Gillette Company v. The Franchise Tax Board was California’s method of …
Sep 12, 2012
By Debra Miller To view this report on its original Web page, click here. Medicaid expenditure growth is an important factor in states’ decisions on Medicaid eligibility expansion in 2014. On average, state Medicaid expenditures grew 20.4 percent between …
Sep 12, 2012
Published today, September 12, 2012, a revised draft of the Florida Hurricane Catastrophe Fund (“FHCF”) 2013 Reimbursement Contract incorporates changes discussed during an August 30, 2012 FHCF Workshop. The revised draft Contract is attached in PDF format for review. …
Sep 12, 2012
The National Association of Insurance Commissioners (“NAIC”) announced yesterday, September 11, 2012, that its members have decided to add the Legal Entity Identifier (“LEI”) to insurance industry regulatory reporting. The LEI project is coordinated by the Financial Stability Board …
Sep 12, 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 …