Category: Insurance Regulatory News

Citizens Finance and Investment Committee Meeting Citizens Property Insurance Corporation (“Citizens”) will hold a Finance and Investment Committee meeting on Thursday, January 29, starting at 8:00 a.m. via teleconference. The call-in number for this meeting is: 888.277.7951.

News Service of Florida–January 28, 2009 News Service of Florida:  Bill Would Restore Attorneys Fee Caps in Workers’ Comp A measure in the Legislature would restore a fee schedule for lawyers in workers compensation cases and go even farther by …

01-27-2009 Statement by Commissioner McCarty on State Farm’s Plan to Stop Offering All Property Insurance in Florida 01-27-2009 State Farm Florida’s Withdrawal Plan 01-27-2009 State Farm Florida’s News Release 01-12-2009 Final Order 12-12-2008 Administrative Law Judge’s Recommend Order 10-02-2008 Office …

  To view a complete story, click on a headline below:   All or nothing, Crist tells State Farm Insurer wants out of homeowner market State Farm should not be allowed to do any business in Florida if it pulls …

The National Association of Insurance Commissioners (“NAIC”) Multi-State Surplus Lines Premium Tax Working Group (“Working Group”) held a meeting on January 28, 2009 in which it discussed issues relating to form commonality.  It was established that different states and jurisdictions …

In an open letter to customers, State Farm Florida Insurance Company (“State Farm”) clarified that its proposed Florida property insurance withdrawal plan involves insurance coverage for homeowners, renters, condominium unit owners, personal liability, boats, personal watercraft, personal articles and business …

Florida Surplus Lines Service Office Board of Governors Meeting The Florida Surplus Lines Service Office Board of Governors will hold a meeting on Wednesday, January 28, starting at 9:00 a.m. at 1441 Maclay Commerce Drive, Suite 200, Tallahassee, Florida.

Palm Beach Post–January 27, 2009 By RANDY DIAMOND State Farm Florida, in a move that’s expected to turmoil in the Florida insurance marketplace, State Farm Florida said Tuesday that it is pulling out of the state over the next two …

A new Florida law requiring condo owners to have insurance is controversial, but two proposed bills could fix “glitches.” By BEATRICE E. GARCIAMiami Herald–Janaury 27, 2009 A controversial law requiring condo owners to have property insurance has many of them …

New complaint comes in from Palmetto; Lakewood Ranch resident, who hasn’t lived in home in a year, files class-action suit By JESSICA KLIPA Bradenton Herald–January 27, 2009 MANATEE – More complaints from homeowners over possible tainted drywall have been reported …