Category: Insurance Regulatory News
Sep 21, 2009
Published September 19, 2009 Big Brokers Want Fees Reinstated By LAVONNE KUYKENDALL The biggest insurance brokers are in negotiations with regulators to reinstate a type of commission banned due to conflict-of-interest concerns, a development that could restore some, but unlikely …
Sep 21, 2009
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Sep 18, 2009
The Florida Automobile Joint Underwriting Association (“FAJUA”) Board of Governors (“Board”) met in Tampa on September 15, 2009. Chairman Brian Fleming opened the meeting by introducing the newest FAJUA Board Member, John Tomlin from AAA Auto Club South, who was …
Sep 18, 2009
To view a complete story, click on a headline below: Editorial: Groundhog Day in Florida An addendum to the fiscal forecast shows that the state’s Hurricane Catastrophe Fund is about $7 billion short of meeting its maximum legal …
Sep 18, 2009
Monday, September 21 through Thursday, September 24 NAIC Fall 2009 National Meeting The NAIC will hold its Fall 2009 National Meeting on Monday, September 21, through Thursday, September 24, 2009, in Washington, D.C. To view the tentative …
Sep 18, 2009
The Florida Commission on Hurricane Loss Projection Methodology (“Commission”) Windstorm Mitigation Committee (“Committee”) met on September 17, 2009, the final day of a three-day Commission meeting, during which it heard testimony that will be used to prepare a mandated report …
Sep 18, 2009
On September 15, 2009, the Florida Surplus Lines Service Office (“FSLSO”) Board of Governor’s Budget Committee (“Committee”) held a conference call to discuss its proposed 2010 budget. The meeting agenda and materials are attached. FSLSO Executive Director Gary Pullen led …
Sep 18, 2009
From today’s Wall Street Journal This article was published by the Wall Street Journal on September 17, 2009 By LESLIE SCISM and AARON LUCCHETTI Regulators of some of the biggest bond buyers in the world are considering cutting credit-ratings …
Sep 17, 2009
To view a complete story, click on a headline below: Insurers Join Call for Review of Florida’s Insurance Mitigation Discounts The arbitrary assignment of premium discounts for certain mitigation features without regard to insurance companies’ base rates …
Sep 17, 2009
This article was published by the Miami Herald on September 17, 2009 BY STEVE BOUSQUET Herald/Times Tallahassee Bureau A report presented to Gov. Charlie Crist and the Cabinet on Tuesday noted that Florida’s pension fund has fewer people overseeing it …