Category: Insurance Regulatory News

Fla. Takes Aim at Late Reporting by Employers and Carriers

Dec 8, 2008

Work Comp Central.com–December 5, 2008 As reprinted in the FASI News and Events Update–December 8, 2008 The Florida Division of Workers’ Compensation released a set of sweeping changes to its Standards and Practices Rules Thursday aimed at curbing late payments …

Capitol to Courthouse Headliners: Monday, December 8

Dec 8, 2008

  To view a complete story, click on a headline below:   Florida Insurance Commissioner Elected to Officer Position with National Association of Insurance Commissioners The Florida Office of Insurance Regulation today announced that Commissioner Kevin McCarty was elected to …

NAIC Adopts Reinsurance Regulatory Modernization Framework

Dec 8, 2008

During its Winter 2008 National Meeting, the National Association of Insurance Commissioners (“NAIC”) adopted its Reinsurance Regulatory Modernization Framework Proposal, which modernizes U.S. state-based regulation of reinsurance.  The proposal creates the following: Two new classes of reinsurers in the United …

Citizens Claims Committee Meeting

Dec 8, 2008

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 Citizens Claims Committee Meeting Citizens Property Insurance Corporation (“Citizens”) has rescheduled its Claims Committee meeting originally slated for Tuesday, November 25. The meeting now will be held on Monday, December 8, …

NAIC Winter 2008 National Meeting

Dec 5, 2008

NAIC Winter 2008 National Meeting The NAIC Winter 2008 Meeting will be held from December 5-8, at the Gaylord Texan in Grapevine, Texas. Meeting materials include: Meeting Agenda Winter Meeting Preview Joint Executive (EX) Committee/Plenary Agenda and Attachments Executive (EX) …

21st Century Holdings to take over 30,000 homeowners policies

Dec 5, 2008

A unit of Lauderdale Lakes insurer 21st Century Holding (TCHC) has gotten approval to take over up to 30,000 homeowners policies from state-run Citizens Property Insurance. The subsidiary, Federated National Insurance, also has received state regulatory approval to sell fire …

Capitol to Courthouse Headliners: Friday, December 5

Dec 5, 2008

Click on a headline to read the complete story:   21st Century Holdings to take over 30,000 homeowners policies A unit of Lauderdale Lakes insurer 21st Century Holding has gotten approval to take over up to 30,000 homeowners policies from …

Capitol to Courthouse Headliners: Thursday, December 4

Dec 4, 2008

  To view a complete story, click on a headline below:   Citizen’s Risky Business:  Florida’s ‘Cat’ Fund Toying with Ninth Life Many Floridians receive their annual/bi-annual residential property insurance statement, noticing the additional assessments at the bottom labeled CPIC, …

Insurance-Related Meetings for the Week of December 8-12

Dec 4, 2008

  Insurance-Related Meetings:  Week of December 8-12, 2008   Monday, December 8   Citizens Claims Committee Meeting Citizens Property Insurance Corporation (“Citizens”) has rescheduled its Claims Committee meeting originally slated for Tuesday, November 25.  The meeting now will be held …

Week in Review: NAPSLO

Dec 4, 2008

Fort Lauderdale-based law firm Colodny Fass, P.A. has become a member of the National Association of Professional Surplus Lines Offices. The national trade organization represents the surplus lines industry and the wholesale insurance marketing system.