Category: Insurance Regulatory News

Orlando Sentinel–January 25, 2009 Mike Thomas If Barack Obama nationalizes the banks, I hope it goes better than Charlie Crist’s version of nationalizing the Florida insurance market. Soon after entering office, Charlie fulfilled his promise to cut hurricane premiums by …

  To view a complete story, click on a headline below:   Florida Signals 6.4% Workers’ Comp Rate Hike to Pay For Court Ruling Florida Insurance Commissioner Kevin McCarty he has that he would approve a rate filing to increase …

In a press release regarding an Order issued today, January 26, 2009, on the National Council on Compensation Insurance’s (“NCCI”) November 14, 2008 workers’ compensation rate filing, Florida Insurance Commissioner Kevin McCarty stated that he would approve an NCCI rate …

Please note the following corrections on the previously-issued Task Force Meeting Report bulletin:  1.            Task Force members voted against a recommendation that both Citizens and the Florida Office of Insurance Regulation should be required to consider the effects of Citizens’ …

  To view a complete story, click on a headline below:   Florida leaders support rate increase for Citizens Property Insurance State leaders on Thursday joined a call to end a three-year rate freeze for Citizens Property Insurance Corp.   …

Citizens Property Insurance Corporation (“Citizens”) Actuarial and Underwriting Committee (“Committee”) held a meeting on January 22, 2009 during which the following issues were discussed.  To view the meeting agenda, click here.   Revised Animal Liability Exclusion Citizens’ 2010 product filing …

On Thursday, January 22, 2009, the Florida Department of Financial Services (“Department”), Division of Workers’ Compensation had scheduled a hearing regarding the following Rules related to employer procedures for imputing payroll and penalty calculations: 69L-6.028: Procedures for Imputing Payroll and …

CENTRAL FLORIDA POLITICAL PULSE BLOG–January 22, 2009 By Josh Hafenbrack, Tallahassee Bureau Senate President Jeff Atwater said today legislators will let the rate freeze for homeowners with policies under state-run Citizens Property Insurance expire – meaning homeowners will see higher …

Broward Politics Blog–January 22, 2009 Posted by Josh Hafenbrack at 12:33 PM Senate President Jeff Atwater, R-North Palm Beach, said today legislators will let the rate freeze for homeowners with policies under state-run Citizens Property Insurance expire – meaning homeowners …

Tallahassee Democrat–January 22, 2009 JACKSONVILLE, Fla. (AP) — A task force is recommending that Citizens Property Insurance be allowed to end a three-year rate freeze and start aggressively hiking homeowner rates. The task force voted earlier this month to recommend …