Category: Insurance Regulatory News
Mar 30, 2010
This article appeared in National Underwriter on March 29, 2010: By PHIL GUSMAN DENVER-The National Association of Insurance Commissioners (NAIC) plans to release a draft white paper on Chinese drywall problems by the summer, the association’s Catastrophe Insurance Working Group …
Mar 30, 2010
This article appeared in National Underwriter on March 29, 2010: By PHIL GUSMAN DENVER-The National Association of Insurance Commissioners (NAIC) plans to release a draft white paper on Chinese drywall problems by the summer, the association’s Catastrophe Insurance Working Group …
Mar 30, 2010
The following article appeared in Sunshine State News on March 30, 2010: By Kenric Ward Amid predictions of an active hurricane season this year, Citizens Property Insurance Corp. is bulking up its reserves with a $2.4 billion bond offering. Last …
Mar 29, 2010
Find this article at: http://www.insurancejournal.com/news/national/2010/03/26/108517.htm March 26, 2010 As insurance and real estate agents and homeowners feared, Congress left Washington without extending the federal flood insurance program. Congress adjourned until April 12 after failing to agree on an unemployment …
Mar 29, 2010
To view a complete story, click on a headline below: Florida insurers’ fees to affiliates questioned Consumer advocates call for more scrutiny as insurers report losses and request rate hikes Florida property insurers are pressing state legislators …
Mar 29, 2010
The Miami Herald published this article on March 29, 2010. The Associated Press TALLAHASSEE, Fla. — Former Florida Gov. Jeb Bush says it’s time Tallahassee politicians ensure a robust private property insurance market to avoid a financial disaster if a …
Mar 29, 2010
Recent media coverage relating to insurance company financial reporting is reprinted below. Letters to the Editor written by various insurance company representatives are also included. Florida Today: March 23 Our views: Don’t deregulate A bad property insurance bill …
Mar 29, 2010
Following are news articles published on March 28 and 29, 2010 on issues relating to payment of fees by Florida insurance companies to affiliates: Florida insurers’ fees to affiliates questioned Consumer advocates call for more scrutiny as insurers report losses and request …
Mar 26, 2010
Effective responses to dire situations often require bold actions that would be unthinkable in calmer times. So it was in the financial crisis, when central banks undertook extraordinary monetary policy measures and governments made major financial firms wards …
Mar 26, 2010
To view a complete story, click on a headline below: Florida Hurricane Insurer Offers $2 Billion of Tax-Exempt Bonds Florida’s government-owned Citizens Property Insurance Corp., bracing for an “above-normal” hurricane season, plans to sell $2 billion in …