Category: Insurance Regulatory News

To view a complete story, click on a headline below:   Florida Gov. Crist Vetoes Property Insurance Bill As he hinted he would do, Florida Gov. Charlie Crist has vetoed an omnibus property insurance bill (SB 2044) that the industry …

The following article by Gary Fineout was published in the June 2, 2010 issue of the Florida Tribune: www.fltrib.com Gov. Charlie Crist’s decision to carve up the state budget with vetoes drew howls of protest last week from Republican legislative leaders. …

  RENO, Nev. – June 2, 2010 – Douglas D. Dirks, chief executive officer of Employers Holdings, Inc. (NYSE: EIG), is scheduled to participate in two panel discussions at Oppenheimer & Co.’s second annual Insurance CEO Summit on Tuesday, June …

  Click on a headline to view a complete story:   William Stander of PCI–Fixing the Florida Insurance Marketplace: We’re All In It Together The Property Casualty Insurers Association of America issued the following statement in response to the June …

To view a complete story, click on a headline below:   Florida Reinsurance Prices Decline 10-12% at Renewal: Guy Carpenter Reinsurance pricing at the June 1, 2010 Florida renewal are down by 10 percent to 12 percent on average, on a …

  The Florida Office of Insurance Regulation (“OIR”) held a public rate hearing today, June 1, 2010 on the recent homeowners insurance rate filing by the Hartford Insurance Company of the Midwest (“Hartford”).   To view the agenda, click here. OIR …

Media coverage of Florida Governor Charlie Crist’s veto of SB 2044, an omnibus property insurance package, is reprinted below.  To jump to a complete article, click on a link in the following list:   William Stander of PCI–Fixing the Florida Insurance Marketplace: …

The Florida Insurance Consumer Advocate published the following article in the May 28, 2010 issue of Florida Chief Financial Officer Alex Sink’s “Consumer e-Views” newsletter: In a continuing effort to make sure consumers are prepared for this hurricane season, the Office of …

National Underwriter Magazine May 31, 2010 By MARK E. RUQUET Palm Desert, Calif.   Officials with the American Association of Managing General Agents expressed confidence that few, if any changes would be made in the surplus lines elements of financial …

To view a complete story, click on a headline below:   Citizens says losses rose 34 percent over previous year Citizens Property Insurance Corp. reported that losses rose 34 percent over a year ago, due largely to sinkhole claims from both …