Category: Insurance Regulatory News

The following article was published by The News Service of Florida on September 9, 2010: By MICHAEL PELTIER THE NEWS SERVICE OF FLORIDA THE CAPITAL, TALLAHASSEE, Sept. 9, 2010… Palm Beach County is generally associated with Democratic politics, but the …

  The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) held a combined  Annual Membership Meeting and Board of Governors (“Board”) meeting  on September 8, 2010 in Sarasota, Florida.   Among the items approved by the Board included a premium level decrease …

  The Florida Office of Insurance Regulation released its 2009 Accident and Health Markets Gross Annual Premium and Market Report (“Report”) today, September 9, 2010.  The statutory Report includes data from health insurers, prepaid limited health service organizations and health maintenance organizations that are marketing health …

  Chaired by U.S. Senator Ralph Hudgens (R-GA), the National Conference of Insurance Legislators (“NCOIL”) Life Insurance and Financial Planning Committee (“Committee”) held a teleconference on September 8, 2010 to discuss a proposed Model Law that would regulate the disclosure, …

  To view a complete story, click on a headline below:   Florida’s Royal Palm Insurance Gets 15% Homeowners Rate Increase Gainesville, Fla.-based Royal Palm Insurance Company has received approval for an average statewide homeowners insurance rate increase of 15 …

    In advance of a September 13, 2010 National Association of Insurance Commissiners (“NAIC”) teleconference on surplus lines reform implementation, the National Conference of Insurance Legislators (“NCOIL”) urged the use of the proposed Surplus Lines Insurance Multi-State Compliance Contract …

  To view a complete story, click on a headline below:   Citizens Property Insurance Corporation asks to raise rates Florida’s largest insurance company, the state-backed Citizens Property Insurance Corporation, wants to raise rates an average of 10 percent statewide. …

    The Florida Office of Insurance Regulation has scheduled a public hearing today, September 7, 2010, to discuss proposed rate increases filed by Citizens Property Insurance Corporation. The statewide average proposed rate increases vary from 6.1 to 10.9 percent, …

Louis Spagnuolo of WCS Lending in Boca Raton answered reader questions about the housing market in a September 3, 2010 posting on the Sun Sentinel House Keys blog: Q: What impact does the threat of a hurricane have on home …

  The National Association of Insurance Commissioners held its Summer 2010 National Meeting during August 14-17 in Seattle, Washington.  Below are highlights of the various committee meetings that took place during the event. To view the NAIC’s official meeting summary …