Category: Insurance Regulatory News
Aug 6, 2009
Florida’s public employee pension fund lost $27.2 billion, or nearly 19 percent of its value, during a tumultuous year in the financial markets, the state’s top investment official said today. Although underfunded for the first time in 12 years, the …
Aug 6, 2009
State Farm Florida has been given the green light to eliminate some homeowners insurance discounts but the insurer must continue to offer discounts for storm mitigation steps taken by insureds unless it supports that change with more information. The Florida …
Aug 6, 2009
State Rep. Ray Sansom’s lawyer asked a judge Wednesday to dismiss the criminal case against him, arguing there was no evidence Sansom secured $6 million in taxpayer money for an airport building that a friend and political contributor would use. …
Aug 6, 2009
Forty years of blazing new trails and dedication to her chosen profession will be recognized on Friday as state Senator Arthenia Joyner (D-Tampa) is inducted into the prestigious National Bar Association’s Hall of Fame. The honor, to be awarded at …
Aug 6, 2009
The Florida Office of Insurance Regulation (“OIR”) has approved the elimination of some State Farm Florida homeowners insurance discounts as requested by the company in its recent rate filing. The overall premium impact of the approved changes to the …
Aug 6, 2009
The Florida Department of Financial Services, Division of Workers’ Compensation (“Division”) held a hearing on August 5, 2009 regarding proposed Rules that would amend Chapter 69L-24, F.A.C. entitled “Workers’ Compensation Insurers’ Standards and Practices.” Existing Rules would be repealed and …
Aug 6, 2009
The Florida Office of Insurance Regulation (“OIR”) will hold a “media availability” today, August 6, at 12:15 p.m., at which OIR representatives will be available to answer media questions about State Farm Florida’s recent rate filing that would modify or …
Aug 6, 2009
The Florida Office of Insurance Regulation (“OIR”) has scheduled a public rate hearing for Citizens Property Insurance Corporation (“Citizens”) on Tuesday, August 25, 2009. Citizens has requested rate increases for its Florida homeowners, dwelling, fire and commercial residential multi-peril insurance …
Aug 6, 2009
~ Tours Tallahassee-based Danfoss Turbocor, developer of energy-efficient refrigerant compressor ~ www.MyFloridaClimate.com TALLAHASSEE – Governor Charlie Crist today, continuing his commitment to increasing energy efficiency and reducing greenhouse gas emissions, promoted the recently announced Energy-efficient Appliance Rebate Program during a …
Aug 6, 2009
The Florida Title Insurance Study Advisory Council will meet on Thursday, August 6, at 9:30 a.m., Room 110 of the Senate Office Building, The Capitol, Tallahassee. The Council will undertake a comprehensive examination of Florida’s title insurance system and make …