Category: Insurance Regulatory News

  To view a complete story, click on a headline below:   News Release:  Florida Insurance Commissioner Issues Cease and Desist Order for Unauthorized Sale of Warranty Products Insurance Commissioner Kevin McCarty today announced the Florida Office of Insurance Regulation …

  The Office of Florida Governor Charlie Crist issued the following news release today on the launch of an economic development Web site for Florida rural communities: Governor Crist Launches Economic Development Web Site for Rural Communities ~ Offers rural …

  In advance of the August 29 Hurricane Katrina five-year anniversary, the Insurance Information Institute published the following news release that offers cautionary and helpful tips on ensuring adequate insurance coverage:   THE I.I.I. OFFERS FOUR WAYS CONSUMERS CAN PROTECT LIVES, PROPERTY …

  Representatives from insurance companies, clinics and hospitals joined various government officials and others in a roundtable discussion on Personal Injury Protection (“PIP”) insurance issues hosted by the Florida Insurance Consumer Advocate on August 4, 2010. A wide range of …

  The Florida Office of Insurance Regulation (“OIR”) advised today, August 4, 2010, that it will hold a public workshop on September 22, 2010 at 9:30 a.m. to discuss “significant changes” to the Uniform Mitigation Verification Inspection Form (Form OIR-B1-1802) …

  To view a complete story, click on a headline below:   Florida Home Insurer Royal Palm Asks for 22% Increase Royal Palm Insurance Co. is having a hearing before the Florida Office of Insurance Regulation to discuss its proposed rate hike …

  Colodny Fass attorneys were featured contributors to the Florida section of the Federation of Regulatory Counsel’s (“FORC”) August 2010  “FORC Alert.”  To view the publication, click here.  The articles are reprinted below. New Florida Condo Law Changes Insurance Requirements …

  The Florida Office of Insurance Regulation (“OIR”) will hold a public rate hearing tomorrow, August 5, 2010, at 1:00 p.m. to consider a rate increase request by Royal Palm Insurance Company (“Royal Palm”) for its dwelling fire line of insurance.  …

The following article appeared in the August 2010 edition of Best’s Review: By Scott Spencer August 2010   When it comes to rebuilding or repairing a home after it has been damaged, the whole is more than the sum of …

  To view a complete story, click on a headline below:   A.M. Best Downgrades Deteriorating State Farm Florida The financial strength rating of State Farm Florida has been downgraded by A.M. Best Co. several days before the insurer begins non-renewing …