Category: Insurance Regulatory News

Businesses want to re-establish limits on attorney fees

Mar 3, 2009

Miami Herald–March 2, 2009 BY BEATRICE E. GARCIA A debate over workers’ compensation insurance will pit attorneys and workers’ rights advocates against business and insurers. The argument is the result of a Florida Supreme Court decision in October relating to …

Ban urged on insurers’ use of credit scores

Mar 3, 2009

Miami Herald–March 1, 2009 Credit scores and credit reports should not be used to set car and home insurance rates, some Florida lawmakers say. State Rep. Priscilla Taylor, a West Palm Beach Democrat, said especially now, credit history shouldn’t affect …

Bill seeks gender equity in insurance premiums

Mar 3, 2009

A state consumer advocate contemplates legislation to ban health insurers from charging women more than men for their coverage. BY JOHN DORSCHNER Miami Herald–March 1, 2009 The Florida Legislature this year may consider a bill to end one of the …

NAIC Catastrophe Modeling Subgroup Meeting Report: February 23

Mar 3, 2009

On Monday, February 23, 2009, the National Association of Insurance Commissioners (“NAIC”) Catastrophe Modeling Subgroup (“Subgroup”) of the Casualty Actuarial and Statistical Task Force met and discussed developments at the recent Reinsurance Association of America conference (“RAA Conference”) entitled “Cat …

House and Senate Sessions

Mar 3, 2009

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Capitol to Courthouse Headliners: Monday, March 2

Mar 2, 2009

  House photo by Mark Foley Above:  Rep. Dean Cannon, R-Winter Park, center, addresses Republican colleagues and Gov. Charlie Crist, right, on the House floor March 2, 2009. Cannon was formally selected by his Republican colleagues as the Florida House …

Florida OIR Submits 2009 Annual Report on Freedom to Travel Law

Mar 2, 2009

Today, the Florida Office of Insurance Regulation (“OIR”) submitted its third annual “Freedom to Travel” report, which documents instances during 2009 under which applicants were denied life insurance, refused continuance, or had coverage limited based on future travel plans.  It also outlines the number …

Auto Insurers Must E-File SR22/SR26 Forms By June 30, 2009

Mar 2, 2009

At an October, 2008 Insurance Industry Committee on Motor Vehicle Administration (“IICMVA”) meeting, it was confirmed by the Florida Department of Highway Safety and Motor Vehicles (“FDHSMV”) that all property and casualty and fire companies authorized to issue motor vehicle insurance policies …