Category: Insurance Regulatory News

As part of its ongoing review and analysis of Florida’s property and casualty insurance market, Demotech, Inc. released its Financial Stability Ratings for Florida property insurance companies as of July, 2009.  Insurers reporting financial stability enhanced by net catastrophe retention …

Six years after the death of an ambitious joint effort to make Miami a major healthcare destination for wealthy foreigners, a new group has formed to try to do the same thing — for less money and without any attempts …

The Florida Department of Financial Services (“DFS”) Division of Workers’ Compensation has issued a Notice of Proposed Rule regarding Rule Chapter 69L-24: Insurers’ Standards and Practices. Rule Chapter 69L-24 is being amended to concurrently repeal and replace all existing Rules …

The National Association of Insurance Commissioners (“NAIC”) Medicare Supplement Refund Formula Subgroup of the Life and Health Actuarial Task Force will meet via teleconference on Wednesday, August 5, at 1:00 p.m. (EST). The registration call-in number is: 412.317.6715.

Although defective Chinese drywall is plaguing houses throughout Broward County, only homeowners in Parkland received a discount in their new property tax assessments. The Property Appraiser’s Office thought the problem was largely isolated to Parkland when it was putting the …

Citizens Property Insurance Corp. representatives will be in Fort Lauderdale this month to answer policyholders’ questions. Rep. Evan Jenne, D-Dania Beach, said he’s holding the meeting because his office regularly fields property insurance questions. State-backed Citizens is Florida’s largest property …

TALLAHASSEE – Governor Charlie Crist and Florida emergency management officials todayannounced that the U.S. Small Business Administration (SBA) has approved disaster loan funds for Volusia County residents and businesses in response to a tornado and severe storms that occurred on …

As Florida heads once again into the high-risk hurricane months with too little property insurance coverage, the state needs action from its public officials. State Farm, with 770,000 property insurance policyholders, is still trying to exit the business in Florida. …

A special Florida House committee has delayed hearings on ethics allegations against former Speaker Ray Sansom until after his criminal trial. At an organizational meeting Tuesday, the panel decided not to meet again until early October. The Destin Republican is …

  To view a complete story, click on a headline below:   Fla. House panel delays Sansom hearings A special Florida House committee has delayed hearings on ethics allegations against former Speaker Ray Sansom until after his criminal trial.   …