Category: Insurance Regulatory News
Oct 3, 2011
The following article was published in the Orlando Sentinel on October 3, 2011: Senate investigates ‘interference’ into nursing home watchdog program By Kate Santich A Florida Senate committee is investigating allegations that the state’s Department of Elder Affairs illegally interfered …
Oct 3, 2011
The following article was published in the Florida Current on October 3, 2011: Medical malpractice market is healthy, state regulators say By Christine Jordan Sexton Florida’s medical malpractice insurance market is healthy and is getting healthier, a new report issued …
Oct 3, 2011
The following article was published in the Lakeland Ledger on October 3, 2011: Lakeland to settle in red-light lawsuit By Chase Purdy Lakeland city commissioners voted unanimously Monday to pay $667,965 to settle a class action lawsuit over the city’s …
Oct 3, 2011
The following article was published in the Miami Herald on October 3, 2011: Uncontrolled PIP fraud The recent meeting of the Florida Cabinet brought the bright light of truth to a huge financial burden on Florida drivers: The uncontrolled rise …
Oct 3, 2011
The following article was published in the Insurance Journal on October 3, 2011: Florida Commercial Lines Deregulation Law Takes Effect By Michael Adams Commercial insurers in Florida will no longer have to seek prior approval from state regulators before changing …
Oct 3, 2011
On October 4, 2011, the Senate Committee on Community Affairs is considering a proposed committee bill (SPB 7002) that would define an “insignificant fiscal impact” in relation to unfunded mandates as an annual amount not greater than $.10 …
Oct 3, 2011
The Florida Division of Workers’ Compensation (“DWC”) has published a Notice of Proposed Rule Development for Rule 69L-5.201, “Definitions,” under the Rule Chapter entitled “Rules For Self-Insurers Under the Florida Workers’ Compensation Act.” Proposed amendments to Rule 69L-5.201 would allow an affiliated …
Oct 3, 2011
The Surplus Lines Insurance Multi-State Compliance Compact (“SLIMPACT”) Commission (“Commission”) will review its draft bylaws when it meets via Webinar on October 11, 2011. Draft copies of the proposed bylaws are attached for review. During an August 19, 2011 meeting, …
Oct 3, 2011
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 …
Oct 3, 2011
The following news release was posted to MarketWatch.com on October 3, 2011: A.M. Best Upgrades Ratings of United Automobile Insurance Company A.M. Best Co. has upgraded the financial strength rating (FSR) to C++ (Marginal) from C (Weak) and the issuer credit rating (ICR) to …