Category: Insurance Regulatory News
Jun 5, 2011
The following article was published in the Daytona News Journal on June 5, 2011: Storms Could Topple Citizens Insurance The Atlantic hurricane season officially began on June 1, and once again the weather experts are forecasting a very active season, …
Jun 4, 2011
The following article was published in the Tampa Tribune on June 4, 2011: Storm Time: Batten Down Wallets and Pray The Atlantic hurricane season officially began on Wednesday, and once again the weather experts are forecasting a very active season, …
Jun 3, 2011
After months of discussion, the National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force Clearinghouse Plan of Operation Subgroup (“Subgroup”) voted via teleconference today, June 3, 2011, to approve a draft Plan of Operation (“Plan”) for the …
Jun 3, 2011
With Rhode Island Governor Lincoln Chafee’s approval on May 27, 2011, Rhode Island became the seventh state to join the Surplus Lines Insurance Multi-State Compact (“SLIMPACT”). Kentucky, New Mexico, North Dakota, Indiana, Kansas and Vermont have also enacted SLIMPACT. SLIMPACT, adopted in November 2010 by the …
Jun 3, 2011
The following article was published in the South Florida Business Journal on June 3, 2011: State to Shutter Argus Property Insurer State officials ordered North Miami Beach-based Argus Fire and Casualty Insurance Co. to cease operations. Starting Tuesday, the nearly …
Jun 3, 2011
During the afternoon portion of its meeting yesterday, June 2, 2011, the Florida Commission on Hurricane Loss Projection Methodology (“FCHLPM”) reviewed Risk Management Solutions, Inc (“RMS”) Model, RiskLink Version 11.0, which was submitted under the FCHLPM’s 2009 Standards to …
Jun 3, 2011
The following article was published in The Sunshine News on June 3, 2011: Tom Rooney, Allen West introduce measures to help Americans impacted by disasters By Kevin Derby Just in time for the start of the 2011 hurricane season, two …
Jun 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 Insurance-Related …
Jun 3, 2011
The following article was published in Property Casualty 360º on June 3, 2011: New RMS Hurricane Model Approved in Florida By Chad Hemenway The Florida Commission on Hurricane Loss Projection Methodology has approved catastrophe modeling firm Risk Management Solutions’ new …
Jun 2, 2011
The National Association of Professional Surplus Lines Offices issued the following news release during May 2011: Florida Approves NRRA Bill to Share Taxes With Other States; Requires Multi-State Policies to Use Each State’s Tax Rate The Florida Governor signed …