Category: Insurance Regulatory News
Oct 23, 2008
Florida Office of Insurance Regulation–October 23, 2008 TALLAHASSEE, Fla. — “The Office of Insurance Regulation is reviewing the court’s decision to determine its potential impact on the workers’ compensation system as a whole and on future workers’ compensation insurance …
Oct 23, 2008
South Florida Sun-Sentinel–October 23, 2008 State Farm is set to defend its proposed 47 percent average statewide property insurance rate boost at a hearing in Tallahassee on Monday. The insurer asked to make its case before the Division of Administration …
Oct 23, 2008
National Underwriter–October 22, 2008 BY MATT BRADY The Florida Insurance Council has sounded a warning to state lawmakers about the Florida Hurricane Catastrophe Fund’s condition after officials said it would be unable to pay all losses if a catastrophic storm …
Oct 23, 2008
To view a complete story, click on a headline below: Florida Supreme Court issues ruling regarding attorneys’ fees in workers’ comp cases The Florida Supreme Court on Thursday ruled that claimant attorneys are entitled to “reasonable” fees in …
Oct 23, 2008
On Wednesday, October 22, 2008, Citizens Property Insurance Corporation (“Citizens”) Audit Committee (“Committee”) held a meeting to receive updates from Citizens’ Office of the Internal Auditor (“OIA”), Chief Financial Officer, and external auditor. To view the complete agenda, click here. …
Oct 23, 2008
The Florida Supreme Court issued a decision today, October 23, 2008, in the case of Murray v. Mariners Health/ACE USA. The Supreme Court decision reverses the 2006 First District Court of Appeal decision in Murray v. Mariners Health/ACE USA, which …
Oct 23, 2008
The Florida State Board of Administration of Florida (“Board”) has issued an estimate of the Florida Hurricane Catastrophe Fund (“FHCF”) borrowing capacity and the FHCF projected balance as of December 31, 2008, which is estimated to be $2.786 billion. This represents …
Oct 23, 2008
FOR IMMEDIATE RELEASE MARIA ABATE ELECTED CHAIR OF FLORIDA BAR’S PUBLIC INTEREST LAW SECTION Fort Lauderdale, Fla. (October 23, 2008) – Maria Elena Abate was elected Chair of the Florida Bar’s Public Interest Law Section (PILS). PILS provides a statewide …
Oct 23, 2008
> Citizens Meetings Citizens Property Insurance Corporation will hold the following meetings on Thursday, October 23 at the Tampa Airport Marriott, Tampa, Florida and via teleconference. FMAP Board of Directors — 8:30 a.m.ֲ The call-in number for the meeting is: …
Oct 22, 2008
The Florida Department of Financial Services (“DFS”) held a Rule Development Workshop (“Workshop”) on October 21, 2008 to discuss proposed changes to Rule Chapter 69B-211. Proposed changes to the following Rules in this Chapter were discussed: 69B-211.110: Purpose 69B-211.120: Scope …