Category: Insurance Regulatory News
Nov 24, 2010
The following article was published in the Miami Herald on November 24, 2010: Drywall firms office to settle Homeowners in a Homestead neighborhood who had sued a drywall supplier and drywall manufacturer were offered money and repairs this week. …
Nov 24, 2010
The National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force has scheduled a conference call for 4:30 p.m. (EST) on Wednesday, December 1, 2010 to discuss the most recent revision of the Nonadmitted Insurance Multi-State Agreement (“NIMA”). …
Nov 24, 2010
Following is a listing of insurance-related Florida regulatory events for the week of November 29 – December 3, 2010: All times are Eastern Time. Additional information is available via hyperlink where noted in bold type. FLORIDA INSURANCE REGULATORY EVENTS …
Nov 24, 2010
The following article was published in Reactions on November 24, 2010: Comment: Risk modellers take flak www.reactionsnet.com A scathing article that appeared in a Florida newspaper recently underlines that the market needs to stop taking risk models’ output as gospel, …
Nov 23, 2010
The following news release was issued by The News Service of Florida on November 23, 2010: THE NEWS SERVICE OF FLORIDA: Lawmakers Push Veterans Court By Kathleen Haughney Lawmakers are testing the waters for a statewide court initiative for certain …
Nov 23, 2010
To view a complete story, click on a headline below: RMS President and CEO Hemant Shah: The RMS storm-risk model Regarding the Herald-Tribune’s article Nov. 14, headlined “Florida insurers rely on dubious storm model,” I want to clarify how …
Nov 23, 2010
The Florida Workers’ Compensation Joint Underwriting Association, Inc. (“FWCJUA”) Investment Committee (“Committee”) met on November 19, 2010, during which it voted to recommend to the FWCJUA Board of Directors (“Board”) that Merrill Lynch be hired on a short-term basis …
Nov 22, 2010
In response to several agent complaints relating to the broad nature of Florida’s unfair trade practices statutes, the Florida Department of Financial Services (“DFS”), Division of Agent and Agency Services recently held an additional public hearing Rule on proposed …
Nov 22, 2010
Following is a listing of insurance-related Florida regulatory events for the week of November 22-26, 2010: All times are Eastern Time. Additional information is available via hyperlink where noted in bold type. FLORIDA INSURANCE REGULATORY EVENTS Monday, November 22 Florida …
Nov 22, 2010
The following article was published by Sunshine State News on November 22, 2010: Fraud is not the Driving Force Behind Sinkhole Claims http://www.sunshinestatenews.com/ By David Beasley There has been a lot of talk of late about sinkholes and their impact …