Category: Insurance Regulatory News

Harbor Insurance forms from buyout of 2 insurers

Mar 4, 2009

Treasure Coast Palm–March 3, 2009 By Jim Turner FORT PIERCE – National City Insurance Group, with four locations from Port St. Lucie to Palm Bay, along with Florida Consolidated Agency in Palm Beach County, have been purchased by a former …

Measure approved to consider sinkholes in taxes

Mar 4, 2009

Miami Herald–March 4, 2009 The Associated Press TALLAHASSEE, Fla. — A bill that would allow local governments to reduce property insurance rates for sinkhole mitigation is moving in the Legislature. The Senate Banking and Insurance Committee unanimously approved the proposal …

Senate Banking and Insurance Committee

Mar 4, 2009

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Capitol to Courthouse Headliners: Tuesday, March 3

Mar 3, 2009

  To view a complete story, click on the headline below:   THE NEWS SERVICE OF FLORIDA:  GROUP–CAT Fund A Paper Tiger Florida’s $29 billion hurricane safety net couldn’t fulfill its duties without federal aid or the backing of Florida’s …

FWCIGA Meeting Report–March 3

Mar 3, 2009

The Florida Workers’ Compensation Insurance Guaranty Association’s (“FWCIGA”) Board of Directors (“Board”) held its first quarterly meeting of 2009 on Monday, March 2.  To view meeting notice, click here.  The meeting agenda is attached for your review. A letter from …

Guy Carpenter acquiring John Collins

Mar 3, 2009

Dallas Business Journal–March 2, 2009 Minneapolis / St. Paul Business Journal – by Chris Newmarker Staff Writer Guy Carpenter & Co. LLC is buying Bloomington-based John B. Collins Associates Inc. in a move meant to expand its position in the …

Gradual rate hikes sought amid concerns for Citizens

Mar 3, 2009

The solvency of the state’s storm damage insurance fund is a key issue for lawmakers. With rates likely to rise, the question has become by how much. BY BEATRICE E. GARCIAMarch 1, 2009 The respite from sharply rising homeowner insurance …