Category: Insurance Regulatory News
Nov 6, 2008
Washington, DC, November 6, 2008 — Lawmakers from across the country will converge at the National Conference of Insurance Legislators (NCOIL) Annual Meeting in Florida later this month to consider ways to turn around an ailing economy and to map …
Nov 5, 2008
November 5-9 House Interim Committee Meetings
Nov 5, 2008
“I congratulate President-elect Barack Obama on his historic victory. Our nation’s democracy is a shining example admired throughout the world for its ability to peacefully transition from one leader to another. We in America can never take this process …
Nov 3, 2008
Citizens Property Insurance Corporation (“Citizens”) today, November 3, 2008, announced that it will begin offering a commercial nonresidential multi-peril policy, which will be available statewide on November 17, 2008. Citizens’ press release regarding the new policy is below. Should …
Nov 3, 2008
To view a complete story, click on a headline below: Businesses relish drop in insurance The insurance that commercial property owners pay on their buildings has plummeted in the past two years, providing some relief from Lee County’s …
Nov 3, 2008
The following insurance-related actions were posted for the week of Friday, October 31, 2008. Notice of Proposed Rule: Insurance Administrator Annual Report The Florida Department of Financial Services, Office of Insurance Regulation, has issued a Notice of Proposed Rule …
Nov 3, 2008
On Friday, October 31, 2008, the Florida Workers’ Compensation Joint Underwriting Committee (“FWCJUA”) held an Investment Committee (“Committee”) meeting to review the investment portfolio for compliance. At its September 26 meeting, the Committee authorized an investment policy exception to continue …
Nov 3, 2008
Maria Elena Abate was elected chair of the Florida Bar’s Public Interest Law Section.
Nov 1, 2008
The Florida Senate Banking and Insurance Committee has published an Interim Project Report entitled “Options for Reorganizing the Department of Financial Services and the Financial Services Commission.” The Financial Services Commission (“FSC”) and the Office of Financial Regulation (“OFR”) are responsible …
Oct 31, 2008
To view a complete story, click on a headline below: Ruling ahead for State Farm rates During the four-day hearing, State Farm presented its rationale for the increase, stating that the company needs the additional revenue to build …