Category: Insurance Regulatory News
Nov 17, 2008
To read a complete story, click on a headline below: Hartford Buys A Thrift Hartford Insurance Group announced it plans to acquire a Central Florida thrift and simultaneously applied for a thrift charter and federal aid under the government’s …
Nov 14, 2008
The National Council on Compensation Insurance (“NCCI”) submitted an amended workers’ compensation rate filing to the Florida Office of Insurance Regulation (“OIR”) today, November 14, 2008, in response to the Supreme Court of Florida opinion in Murray v. Mariners Health/ACE …
Nov 14, 2008
To view a complete story, click on a headline below: Citizens Insurance ‘opt-out,’ ‘takeout’ system nettlesome If you want to stick with the state-run Citizens Property Insurance, pray that private insurance companies don’t consider you a “desirable” policyholder. …
Nov 14, 2008
Insurance-Related Meetings: Week of November 17-21, 2008 Monday, November 17 Division of Workers’ Compensation Rule Hearing The Florida Department of Financial Services, Division of Workers’ Compensation, has issued a Notice of Development of Rulemaking regarding the following …
Nov 13, 2008
Orlando Sentinel–November 13, 2008 Aaron Deslatte TALLAHASSEE Florida’s billion-dollar cash crunch has so far prompted a collective shrug from Gov. Charlie Crist and Republican legislators, who hope short-term borrowing will help them escape the year without deeper budget cuts. But …
Nov 13, 2008
BusinessWeek Online–November 13, 2008 By Nanette Byrnes Nanette Byrnes When Hurricane Ike took a left on Sept. 8, heading away from Florida, locals breathed a sigh of relief. Not only are their homes on the line with each burst of …
Nov 13, 2008
Florida Today–November 12, 2008 BY SUSANNE CERVENKAFLORIDA TODAY Melbourne pulled in nearly $2.2 million in federal funding for projects aimed at preventing erosion damage resulting from Tropical Storm Fay. The money from a U.S. Department of Agriculture grant will pay …
Nov 13, 2008
Tampa Bay Business Journal–Wednesday, November 12, 2008 Homeowners Choice Inc. reported net income of $802,000, or 12 cents a share, for the third quarter of 2008, compared to a net loss of $114,000, or 2 cents a share, in the …
Nov 13, 2008
Florida Insurance Commissioner Kevin McCarty today, November 13, 2008, announced the removal of up to 110,000 policies from Citizens Property Insurance Corporation (“Citizens”) beginning Friday, November 14, 2008. The following six companies are involved with this round of removals: American …
Nov 13, 2008
National Association of Insurance Commissioners (“NAIC”) has scheduled a Surplus Lines Task Force meeting to take place on Wednesday, November 19 at 3:00 p.m. (EST) via teleconference. The registration call-in number is: 412.317.6715. The following items are scheduled to be …