Category: Insurance Regulatory News

BY CURTIS MORGAN cmorgan@MiamiHerald.com Hurricane Bill weakened slightly to a Category 3 early Thursday — packing 125 winds — but forecasters warned the powerful storm could grow stronger by day’s end. The season’s first major hurricane posed the most serious …

By DAVID G. SAVAGE Tribune Washington Bureau Aug. 20, 2009 — President Teddy Roosevelt campaigned as a trust-busting reformer, but was embarrassed by revelations that his 1904 campaign had received secret contributions from New York insurance companies. Shamed into action, …

The public rate hearing for Citizens Property Insurance Corporation (“Citizens”) that was previously scheduled for Aug. 25, 2009 in Tallahassee has been postponed. A new date has not been set. The Florida Office of Insurance Regulation (“OIR”) postponed the meeting …

The Florida Board of Employee Leasing Companies (“Board”) met on Wednesday, August 19, 2009 via teleconference. The Board approved following group licenses, employee leasing company and controlling person applications: Four (4) American Staff Management Inc. companies and HonorHR Inc.; controlling …

The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Audit Committee will meet via teleconference on Thursday, August 20, at 10:00 a.m. Call-in information will be provided when it becomes available. To view the meeting agenda, click here.

The NAIC Valuation Method Principles-Based Reinsurance Subgroup of the Life and Health Actuarial Task Force will meet via teleconference on Friday, August 21, at 2:00 p.m. (EST) to discuss Valuation Method-20: Requirements for Principles-Based Reserves for Life Products. The registration …

The Florida Office of Insurance Regulation has issued a Notice of Rulemaking Development regarding Rule 69O-170.0144, entitled “Public Hurricane Loss Projection Model Fee Schedule.” The proposed Rule would amend the current statutory fee schedule for residential property insurers to access …

By JOHN KENNEDY THE NEWS SERVICE OF FLORIDA THE CAPITAL, TALLAHASSEE, Aug. 18, 2009….A state Senate Republican primary battle has pulled former Gov. Jeb Bush off the couch and before the cameras to help longtime ally John Thrasher. Bush has …

BY BETH REINHARD breinhard@MiamiHerald.com Aug. 19, 2009 — Gov. Charlie Crist flew to Miami Tuesday afternoon to vet former U.S. Attorney Roberto Martinez for a U.S. Senate appointment, less than 24 hours after U.S. Rep. Lincoln Diaz-Balart took himself off …

BY MARC CAPUTO Herald/Times Tallahassee Bureau FILE PHOTOS A new poll revealed Alex Sink, right, has lost ground to Republican rival Bill McCollum, left. Gubernatorial candidate Alex Sink has lost ground to Republican rival Bill McCollum and now trails him …