Category: Insurance Regulatory News
Dec 6, 2010
The Florida Surplus Lines Service Office (“FSLSO”) has updated its Insurer Surplus Lines Information Portal (“SLIP”), a Web-based program through which insurers can submit filings directly to the FSLSO database. The updates, which are intended to streamline the reconciliation process, include …
Dec 2, 2010
The Citizens Property Insurance Corporation (“Citizens”) Claims Advisory Committee (“Committee”) met on December 1, 2010. To view complete meeting materials, click here. A summary of the meeting discussion is below: Key Performance Indicators According to annual key …
Dec 2, 2010
To view a complete story, click on a headline below: News Release: Florida Peninsula Insurance Company Wins Top Honors At CSC Connect Awards Awards Recognize Peer Use of CSC Solutions for Business Gain CSC today announced the winners …
Dec 2, 2010
With a looming implementation deadline for the Non-admitted and Reinsurance Reform Act (“NRRA”) of 2010, the National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force (“Task Force”) approved the “concept” of the Nonadmitted Insurance Multistate Agreement (“NIMA”) …
Dec 2, 2010
With a looming implementation deadline for the Non-admitted and Reinsurance Reform Act (“NRRA”) of 2010, the National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force (“Task Force”) approved the “concept” of the Nonadmitted Insurance Multistate Agreement (“NIMA”) …
Dec 2, 2010
The Citizens Property Insurance Corporation (“Citizens”) Information Systems Advisory Committee (“Committee”) met via teleconference on November 30, 2010 to review progress on the search for a core insurance systems vendor, among other agenda items. To access the meeting materials, …
Dec 1, 2010
To view a complete story, click on a headline below: Property insurance reform reappears in Florida Higher rates likely as price for making insurance market stable Stymied last session by an election-year veto, backers of proposals to bolster …
Dec 1, 2010
The Florida State Board of Administration (“SBA”) has published official notice of the Florida Hurricane Catastrophe Fund (“FHCF”) maximum statutory adjusted capacity for mandatory FHCF coverage, the maximum statutory coverage for any optional FHCF coverage and the aggregate fund retention used to calculate …
Dec 1, 2010
The following article was published by The News Service of Florida on December 1, 2010: By MICHAEL PELTIER THE NEWS SERVICE OF FLORIDA THE CAPITAL, TALLAHASSEE, Dec. 1, 2010…. A Senate bill filed this week to expand protections for …
Dec 1, 2010
The National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force (“Task Force”) meets today at 4:30 p.m. (ET) via teleconference to consider adopting the Nonadmitted Insurance Multi-State Agreement (“NIMA”), which has been redrafted several times during …