Category: Insurance Regulatory News
Feb 16, 2009
Florida Times-Union–February 15, 2009 Many politicians, editorialists and citizens have weighed in on the recent decision by State Farm to withdraw from Florida’s property insurance market. Some of the comments have derided State Farm and some of these came long …
Feb 16, 2009
Herald-Tribune–February 15, 2009 Now that the state has given State Farm Florida conditional approval to leave Florida’s property insurance market, Gov. Charlie Crist and legislative leaders can drop their populist rhetoric and try to figure out how to make hurricane …
Feb 16, 2009
The Office of Florida Chief Financial Officer Alex Sink–February 16, 2009 TALLAHASSEE – Following meetings around the state with senior investors and the “Safeguard our Seniors” Task Force, Chief Financial Officer Alex Sink will join taskforce members and Senator Mike …
Feb 16, 2009
The News Service of Florida–February 16, 2009 BY KEITH LAING THE CAPITAL, TALLAHASSEE……….U.S. Rep. Kendrick Meek, who became the first major candidate to get in the 2010 U.S. Senate race last month, picked up the first big endorsement of the …
Feb 16, 2009
On Monday, February 16, 2009, the Florida Department of Financial Services (“DFS”), Division of Workers’ Compensation (“Division”) held a workshop on proposed Rule Chapter 69L-5 entitled “Rules for Self-Insurers Under the Workers’ Compensation Act.” The Rules under consideration would …
Feb 16, 2009
To view a complete story, click on a headline below: Rival insurance companies filling void from State Farm’s Florida exit State Farm Florida Insurance Co.’s announced exit from the property insurance market is a boon for other insurance …
Feb 16, 2009
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Feb 13, 2009
Insurance Journal–February 13, 2009 Florida Insurance Commissioner Kevin McCarty has offered a withdrawal plan for State Farm Florida Insurance Co. and its parent company with major conditions that were not in the original plan submitted by the insurer. In his …
Feb 13, 2009
Tampa Bay Business Journal–February 12, 2009 USAA will consolidate its Sacramento, Calif., operations and part of its Norfolk,Va., operations into its Tampa and other locations to reduce its excess real estate capacity. As a result of the consolidation and other …
Feb 13, 2009
National Underwriter–February 13, 2009 NU Online News Service A new report predicting hurricane landfall rates finds slightly decreased chances of a strike on the Florida coastline and a bit less for U.S. Southeast shores as well. The CAT-i report is …