Category: Insurance Regulatory News
Jun 15, 2011
With Tennessee Governor Bill Haslam’s approval of legislation on June 10, 2011, Tennessee became the ninth state to join the Surplus Lines Insurance Multi-State Compact (“SLIMPACT”). Kentucky, New Mexico, North Dakota, Indiana, Kansas, Vermont, Rhode Island and Alabama have also enacted SLIMPACT legislation. Adopted in …
Jun 15, 2011
The Florida Board of Employee Leasing Companies Board of Directors (“Board”) met via teleconference today, June 15, 2011 to consider various employee leasing company and controlling person applications. To view the meeting agenda, click here. Consideration of Employee …
Jun 15, 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 Insurance-Related …
Jun 14, 2011
The following article was published in the South Florida Sun Sentinel on June 14, 2011: New insurance laws limit claims, shorten deadlines By Daniel Vasquez New property insurance laws that take effect this year put new restrictions on how much …
Jun 14, 2011
The following article was published in the Insurance Business Review on June 14, 2011: Arthur J. Gallagher & Co. Acquires Bushong Insurance Associates Arthur J Gallagher & Co, a Illinois-based insurance brokerage and risk management services firm, has acquired Florida-based …
Jun 14, 2011
The following article was published in the Insurance Journal on June 14, 2011: Florida Homeowners to Share $55 million in Chinese Drywall Settlement By Tom Hais Hundreds of Florida homeowners suffering with tainted Chinese drywall will share $55 million in …
Jun 14, 2011
The Idaho Department of Insurance has advised that, effective July 1, 2011, Idaho law has been amended to permit producers and insurers of life, disability (health), and property and casualty insurance the ability to offer goods to an actual …
Jun 14, 2011
The Florida Surplus Lines Service Office (“FSLSO”) held a National Clearinghouse Committee (“Committee”) meeting today, June 14, 2011, to hear an update on FSLSO’s discussions with the National Association of Insurance Commissioners (“NAIC”) related to operation of the proposed …
Jun 14, 2011
Final versions of Nonadmitted Insurance Multi-State Agreement (“NIMA”)-related documents approved during the June 10, 2011 Surplus Lines Implementation Task Force conference call have been distributed by the National Association of Insurance Commissioners. These include: The Nonadmitted Insurance Reform Sample …
Jun 14, 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 Insurance-Related …