Category: Insurance Regulatory News

  The Florida Office of Insurance Regulation (“OIR”) issued a Final Order today, June 24, 2010, to 12 companies to cease and desist from engaging in the unauthorized transaction of insurance.  To view the Order, click here. These individuals and entities include: Beema-Pakistan Company, LTD., …

  To view a complete story, click on a headline below:   State Farm to ‘non-renew’ Fla. Homeowners    State Farm, citing exposure to possible hurricane damages, says it is dropping property insurance coverage of more than 100,000 Florida residents.   Towers …

The following news release was issued on June 24, 2010: Tallahassee, Fla. – The Dosal Family Foundation will be recognized for its $250,000 donation to Baptist Hospital today, Thursday, June 24, 2010, at 1 p.m.  The Foundation will be recognized …

  A proposed Rule hearing to update Florida regulations relating to public adjusters has been scheduled for July 30, 2010.  Should public requests to provide input be received, the hearing will be convened by the Florida Division of Insurance Agents …

  To view a complete story, click on a headline below:    Settlement expected in Homestead drywall case Two companies in a class-action case over defective Chinese drywall in Homestead houses are willing to pay $6 million to settle the …

  In a special edition of her consumer e-mail newsletter published June 21, 2010, Florida Chief Financial Officer Alex Sink provided small businesses affected by the BP oil spill with related information on topics such as filing claims, hurricane preparedness and …

  Starting September 1, 2010, the Florida Surplus Lines Service Office (“FSLSO”) will require the Unique Market Reference number to be filed in addition to the policy number for policy transactions associated with Lloyd’s of London/Underwriters at Lloyd’s.  The FSLSO bulletin on …

  To view a complete story, click on a headline below:   American Integrity Offers Premium Discounts for Newer Manufactured Homes American Integrity Insurance Company announced today that it is reducing its rates by an average of 10 percent statewide …

  On June 21, 2010, the Florida Office of Insurance Regulation (“OIR”) held a public hearing relating to the proposed reorganization of the Florida Retail Federation Self-Insurers Fund (“Fund”).  Presented at the hearing, the Plan of Reorganization (“Plan”) would initially convert …

In a special edition of her consumer e-mail newsletter published June 21, 2010, Florida Chief Financial Officer Alex Sink provided small businesses affected by the BP oil spill with related information on topics such as filing claims, hurricane preparedness and applying …