Category: Insurance Regulatory News

  State legislators, a Citizens Property Insurance Corporation executive, government officials and insurance industry stakeholders and a will be among the panelists in a live discussion on Florida’s property insurance crisis tonight at 8:00 p.m. (ET) on Jacksonville’s WJCT-TV’s “First …

The following insurance-related Florida regulations are effective as specified below:   Notice /Adopted Section Description ID PublishDate Final69B-231.160 Aggravating/Mitigating Factors 8961653 Effective:08/12/2010 Final69B-231.110 Penalties for Violation of Other Specific Provisions of the Florida Insurance Code 8961556 Effective:08/12/2010 Final69B-231.030 Definitions 8961265 …

  To view a complete story, click on a headline below:   Blog:  Allstate subsidiaries grilled about proposed rate hikes Officials from Allstate’s Florida subsidiaries spent two hours Tuesday fielding questions at an Office of Insurance Regulation hearing in Tallahassee …

  The Florida Office of Insurance Regulation (“OIR”) held a public rate hearing on July 27, 2010 to review the rate increase requests of Castle Key Insurance Company and Castle Key Indemnity Company (“Castle Key”), which companies are requesting overall …

  To view a complete story, click on a headline below:   THE NEWS SERVICE OF FLORIDA:  Insurers to Try Again to Soften Regulation Legislation seeking to make it easier for property insurers in some cases to raise rates without …

  The Citizens Property Insurance Corporation (“Citizens”) Audit Committee (“Committee”) met via teleconference on July 15, 2010.  The Committee voted to approve the addition of an Information Technology (“IT”) Audit Manager position to the Citizens Office of the Internal Auditor …

The following article was published by The News Service of Florida on July 27, 2010: DAVID ROYSE THE NEWS SERVICE OF FLORIDA THE CAPITAL, TALLAHASSEE, July 27, 2010……Legislation seeking to make it easier for property insurers in some cases to …

  The National Conference of Insurance Legislators recently concluded its Summer 2010 meeting in Boston, Massachusetts, from July 7-11.  The event was attended by nearly 350 state legislators, insurance regulators, federal officials and various insurance industry and consumer representatives. Among …

    Citizens Property Insurance Corporation’s (“Citizens”) Board of Governors (“Board”) authorized Citizens’ 2011 rate filings for submission to the Florida Office of Insurance Regulation (“OIR”) during a teleconference yesterday, July 26, 2010.    Because of 10 percent rate cap imposed …

  To view a complete story, click on a headline below:   Blog:  Allstate subsidiaries set to defend proposed rate hikes State regulators will grill Allstate Insurance Co.’s Florida subsidiaries Tuesday on their request for a 33 percent and 17 percent …