Category: Insurance Regulatory News
Jan 4, 2010
The National Association of Insurance Commissioners (“NAIC”) held its Winter 2009 National Meeting during early December in San Francisco. A systemic risk panel/solvency symposium, the adoption of changes to the Statement of Statutory Accounting Principles (“SSAP”) No. 10-Income Taxes and the consideration …
Dec 31, 2009
To view a complete story, click on a headline below: Report: Florida’s Workers’ Comp Market is Competitive A new report released by the Florida Office of Insurance Regulation concludes the state’s workers’ compensation insurance market is competitive. …
Dec 31, 2009
SBA Rule Workshop-FHCF 2010 Reimbursement Contract and Reporting Requirements The Florida State Board of Administration (“SBA”) has issued a Notice of Rulemaking Development regarding the following Florida Hurricane Catastrophe Fund (“FHCF”) Rules: 19-8.010: Reimbursement Contract 19-8.012: Procedures to Determine …
Dec 31, 2009
BY JOHN C. HALL www.fcfep.org Miami Herald–December 31, 2009 Here we are at the bottom of a deep hole, and now Gov. Charlie Crist offers us a shovel when we could really use a ladder. The crushing irony of a …
Dec 31, 2009
A new law will take effect Friday in Florida and 11 other states that requires fire-safe cigarettes to go out when not in use. BY BILL KACZOR Associated Press Miami Herald–December 31, 2009 Smokers in Florida and 11 other states …
Dec 31, 2009
With $2.3 billion in written workers’ compensation premium, Florida ranks fifth among the nations most populous states, according to the Workers’ Compensation Annual Report released by the Florida Office of Insurance Regulation (“OIR”) today, December 31, 2009. Florida law requires …
Dec 31, 2009
LEGISLATIVE INTERIM COMMITTEE MEETINGS Week of January 11-15 Tuesday, January 12 Senate Committee on Banking and Insurance The Florida Senate Committee on Banking and Insurance will hold an interim meeting on Tuesday, January …
Dec 30, 2009
The following final Rules relating to financial reporting requirements for insurers recently were adopted by the Florida Office of Insurance Regulation and will become effective on January 4, 2010 (to view the full text of a Rule, click on a …
Dec 30, 2009
The following final Rules relating to Medicare Supplement Insurance recently were adopted by the Florida Office of Insurance Regulation and will become effective on January 4, 2010 (to view the full text of a Rule, click on a Rule number …
Dec 30, 2009
To view a complete story, click on a headline below: Florida overtakes Texas in highest homeowners insurance rates Texas has slipped to No. 2 in average homeowners’ insurance premiums, a new national study has found. McCollum …