Category: Insurance Regulatory News

PCI Surplus Lines Bulletin Outlines HB 853

May 7, 2009

The Property Casualty Insurers Association of America has distributed a comprehensive bulletin regarding Florida House Bill 853, which was passed by the Florida Legislature on May 1, 2009 to clarify the State’s regulation of its surplus lines insurance business. Specifically, …

Capitol to Courthouse Headliners: Wednesday, May 6

May 6, 2009

To view a complete story, click on a headline below:   Bill would eliminate insurers’ rate caps Supporters say it would help revive the property insurance market. The largest property insurance companies in Florida would be able to charge whatever …

Capitol to Courthouse Headliners: Tuesday, May 5

May 5, 2009

To view a complete story, click on a headline below:   Crist says he’ll sign bill increasing Citizens property insurance rates Gov. Charlie Crist says he’ll sign legislation that increases property insurance rates by 10 percent on more than 1 …

NAIC Public Hearing On Credit Scoring Report: April 30

May 5, 2009

On Thursday, April 30, 2009, the National Association of Insurance Commissioners (“NAIC”) Property and Casualty Insurance and Market Regulation and Consumer Affairs Committees jointly held a public hearing on the use of credit-based insurance scores.  To view the hearing agenda, …

Capitol to Courthouse Headliners: Monday, May 4

May 4, 2009

To view a complete story, click on a headline below:   Florida Governor Undecided on 10% Property Insurance Hike Measure Customers of the state-backed Citizens Property Insurance Corp. in Florida will be paying 10 percent more for their property insurance …

SBA To File Emergency Rule Effecting HB 1495 TICL Changes

May 4, 2009

At the Florida Cabinet meeting scheduled for May 13, 2009, the Florida State Board of Administration (“SBA”) agenda will include a request for approval  by the Florida Hurricane Catastrophe Fund (“FHCF”) to file Emergency Rule 19ER09-1, Reimbursement Contract and its attendant …

CALENDAR: Insurance-Related Meetings for the Month of May

May 4, 2009

    Week of May 4-8   Tuesday, May 5   Florida Department of Financial Services Rule Hearing The Florida Department of Financial Services, Division of Insurance Agents and Agency Services has issued a Notice of Rulemaking Development regarding the …

OIR Final Adopted Rules: February 1 through May 1, 2009

May 1, 2009

Florida Office of Insurance Regulation Final Adopted Rules from February 1 through May 1, 2009 are listed below.  Click on a hyperlink to access information regarding each Rule, including text and administrative history from Florida Administrative Weekly.     6822803 …