Category: Insurance Regulatory News

FHCF Exposure Examination Information Posted To assist insurers in preparing for its 2010/2011 Contract Year exposure examination, the Florida Hurricane Catastrophe Fund (“FHCF”) has issued the following advance preparation materials (to access the documents, click on the hyperlinks below): Advanced …

  To view a complete story, click on a headline below:   News Release:  Fort Lauderdale-based Universal Insurance Holdings, Inc. Subsidiary UPCIC to Offer Homeowners Insurance Through GEICO Agents in North Carolina Universal Insurance Holdings, Inc., a vertically integrated insurance …

  The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Operations Committee (“Committee”) met via teleconference on August 30, 2010.  Chase Selected As FWCJUA Bank The Committee began the agenda with the competitive bidding selection of a primary bank for the …

Following is a listing of insurance-related Florida regulatory events for the week of September 6-10, 2010: All times are Eastern Time.  Additional information is available via hyperlink were noted in bold type.        FLORIDA INSURANCE REGULATORY EVENTS      Tuesday, September 7 …

  To view a complete story, click on a headline below:   Hub Acquires Florida Federal Insurance Company Hub International Limited has acquired two insurance agencies in Florida and Nevada.   Florida’s Brown & Brown acquires Massachusetts firm Brown & Brown …

  Pursuant to the Nonadmitted and Reinsurance Reform Act in Title V of H.R. 4173, the Dodd-Frank Act of 2010, the National Association of Insurance Commissioners (“NAIC”) has created the new Surplus Lines Implementation Task Force (“SLITF”) that will develop …

  Adopted by the Florida Division of Workers’ Compensation (“Division”) and effective September 15, 2010, Rule 69L-6.026, F.A.C., entitled “Periodic Reports,” establishes procedures for filing periodic reports by employers that have been issued Stop-Work Orders for failing to comply with …

  To view a complete story, click on a headline below:   UCF climate study:  Is our weather getting wacky? If the Australian pine and the cabbage palmetto are to be believed, Florida’s winters and springs have grown a bit …

  To view a complete story, click on a headline below:   Judgement for Citizens Upheld Over Plaintiff’s Failure to Submit to Examination Under Oath The First District Court of Appeal upheld a trial court judgement today in favor of Citizens …

  To view a complete story, click on a headline below:   Florida’s massive reinsurance fund is much smaller this storm season The size of Florida’s state-created reinsurance fund has dramatically reduced in size this storm season.   Bermuda’s Endurance Speciality …