Category: Insurance Regulatory News
Dec 21, 2010
Effective December 12, 2010, certain changes became effective to Rule 19-8.010, F.A.C., which relates to the Florida Hurricane Catastrophe Fund (“FHCF”) Reimbursement Contract (“Contract”). The changes, among which provide for the Contract to be effective from June 1, 2011 …
Dec 21, 2010
To view a complete story, click on a headline below: Federal disaster declaration possible after Florida growers suffer losses from cold spell It appears likely the state agriculture commissioner will ask Gov. Charlie Crist to seek a federal …
Dec 21, 2010
Section 111 of the Medicare, Medicaid, and SCHIP Extension Act of 2007 (“Section 111”) adds new mandatory reporting requirements for group health plan arrangements and for Liability Insurance (including Self-Insurance), No-Fault Insurance, and Workers’ Compensation (“NGHP”). The purpose of …
Dec 21, 2010
The following article was published in Business Insurance on December 21, 2010: RIMS announces officers for 2011 By Mark A. Hofmann Published on December 21, 2010 Scott B. Clark, risk and benefits officer for the Miami-Dade Public Schools in Miami, …
Dec 21, 2010
Subsequent to its November 2010 Annual Meeting, the National Conference of Insurance Legislators (“NCOIL”) published a series of informational releases featured in the recent edition of the “NCOILetter.” The newsletter, which is attached in PDF format and can also be …
Dec 21, 2010
The National Association of Insurance Commissioners’ (“NAIC”) Joint Executive Committee/Plenary (“Plenary”) adopted the Nonadmitted Insurance Multistate Agreement (“NIMA”) along with other significant model regulations and recommendations during a December 16, 2010 teleconference. NIMA had been approved “in concept” by …
Dec 21, 2010
The National Association of Insurance Commissioners (“NAIC”) has released its 2007/2008 Auto Insurance Database Report (“Report”), which features state-by-state auto insurance data designed to provide necessary information for insurance regulators, consumers and policymakers. Issued annually and available for purchase …
Dec 20, 2010
To view a complete story, click on a headline below: Federal Emergency Management Agency: Southwest Ranches owes $752,000 from Wilma cleanup Town officials surprised by news, plan to appeal Tiny Southwest Ranches has a yearly budget of barely $9 …
Dec 20, 2010
The following news release was issued by the National Association of Insurance Commissioners on December 20, 2010: NIPR elects 2011 officers The board of directors of the National Insurance Producer Registry (NIPR) elected its 2011 officers on Wednesday, Dec. 15 …
Dec 19, 2010
The Florida Office of Insurance Regulation (“OIR”) is in process of drafting its statutory Personal Injury Protection (“PIP”) Data Call, a copy of which is attached for review. Florida Property and Casualty Association members are asked to review this draft and …