Category: Insurance Regulatory News
Dec 13, 2010
FloridaToday.com published the following article about a Florida League of Cities advertising campaign launched on December 9, 2010 that is designed to promote tourism in the State’s Panhandle region: Fla. League of Cities promoting PanhandleBy Bill CotterellFlorida Capital …
Dec 13, 2010
The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Investment Committee (“Committee”) met via teleconference on December 10, 2010 to discuss formulating a competitive solicitation for a long-term FWCJUA investment manager. The Committee’s goal is have a vendor selected for …
Dec 12, 2010
The following article was published in Florida Today on December 12: Editorial: Shield Florida homeowners from unjustified property insurance hikes www.floridatoday.com Florida’s GOP-dominated Legislature runs on the slogan of no new taxes. But that doesn’t mean lawmakers will protect …
Dec 10, 2010
Following is a listing of insurance-related Florida regulatory events for the week of December 13-17, 2010: All times are Eastern Time (“ET”). Additional information is available via hyperlink where noted in bold type. FLORIDA INSURANCE REGULATORY EVENTS Monday, December 13 …
Dec 10, 2010
The following article was published in the Wall Street Journal on December 9, 2010: Insurers’ Chinese Pipe Dream By Hester Plumridge Is China the promised land for insurers? Back in 2001 when restrictions on foreign firms were lifted, it certainly …
Dec 10, 2010
To view a complete story, click on a headline below: Citizens Property Insurance revokes discounts Citizens Property Insurance plans to revoke $5 million worth of discounts from policyholders. Column: Beach skydiving ban goes overboard For 25 years, skydiver …
Dec 9, 2010
During a meeting of the Florida Board of Executive Clemency (“Board”) today, December 9, 2010, Florida Governor Charlie Crist requested a pardon for James Douglas “Jim” Morrison. The pardon was approved unanimously by the Board, which consists of …
Dec 9, 2010
To view a complete story, click on a headline below: Blog: Inspections find Citizens policyholders owe $5 million more in premiums Citizens plans to spend $41 million the next two years on home inspections aimed at revoking …
Dec 9, 2010
After approving the “concept” of the Nonadmitted Insurance Multistate Agreement (“NIMA”) during its most recent meeting, the National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force (“Task Force”) amended and approved NIMA yesterday, December 8, 2010. Meeting …
Dec 8, 2010
The Florida Office of Insurance Regulation (“OIR”) held a public rate hearing yesterday, December 7, 2010, on First Home Insurance Company’s (“First Home”) requested homeowners policy rate increases filings. To view the meeting agenda, click here. According to the OIR, …