Category: Insurance Regulatory News
Oct 20, 2010
The following article was published in Bloomberg Business Week on October 20, 2010: By Simone Baribeau Florida’s state-run fund backing insurers against hurricane losses is paying the price for its ominous name. Bonds of the Florida Hurricane Catastrophe Fund Finance …
Oct 19, 2010
The following article was published in the Insurance Journal on October 19, 2010: Allstate has agreed to pay $10 million to 45 states in a regulatory settlement involving its use of claims handling software. New York State Insurance Superintendent James …
Oct 19, 2010
To view a complete story, click on a headline below: Blog: First Community Insurance wants 27 percent rate hike First Community Insurance Co. plans to ask regulators Thursday for a 26.7 percent increase for policies that cover rented …
Oct 19, 2010
The following article was published in the Florida Tribune on October 19, 2010: By Gary Fineout Published on October 19, 2010 http://fltrib.com/state-reinsurer-remains-good-shape-end-hurricane-season A new round of estimates for the Florida Hurricane Catastrophe Fund conclude that the state-created reinsurer remains …
Oct 19, 2010
The following article was published by the National Underwriter Online News Service on October 19, 2010: By Mark E. Ruquet ORLANDO, Fla.—Florida’s insurance commissioner said the insurance industry has gone through a radical period of change in …
Oct 19, 2010
The following article was published in the Sun Sentinel on October 19, 2010: By Julie Patel Since Hurricane Wilma struck in 2005, Florida Power & Light has trimmed trees along 47,000 miles of powerlines, inspected a half-million utility …
Oct 19, 2010
The following blog was posted to the Sun Sentinel House Keys blog on October 19, 2010: By Julie Patel Sawgrass Mutual Insurance policyholders have voted to bar themselves from using public insurance adjusters, who represent policyholders in claims disputes …
Oct 19, 2010
The following article was posted to the Sun Sentinel House Keys blog on October 19, 2010: By Julie Patel First Community Insurance Co. plans to ask regulators Thursday for a 26.7 percent increase for policies that cover rented or vacation …
Oct 18, 2010
To view a complete story, click on a headline below: Column: Knauf drywall deal doesn’t take care of everyone yet As the first large-scale pilot program to remediate homes with contaminated Chinese drywall manufactured by Knauf Plasterboard Tianjin …
Oct 18, 2010
The following article was published by BestWeek on October 18, 2010: The role of Citizens Property Insurance Corp., which has changed from insurer of last resort following its creation in 2002 to competitor in the private market in 2007 thanks …