Category: Insurance Regulatory News
Oct 15, 2008
South Florida Sun-Sentinel–October 15, 2008 Should a hurricane again strike Florida, condo boards now possess an unprecedented ability to quickly act. A new state law allows boards to temporarily suspend condo governing documents during an emergency, said Leigh Katzman, of …
Oct 15, 2008
South Florida Business Journal–October 15, 2008 South Florida Business Journal – by Susan R. Miller While many Floridians are being hit hard by the economic downturn, for some, the money crunch is delivering a one-two punch. First, consumers find themselves …
Oct 15, 2008
Houston Chronicle–October 14, 2008 DAYTONA BEACH, FL and TAMPA, FL — (Marketwire) — 10/14/08 — Brown & Brown, Inc. (BRO) announced that it inadvertently released certain preliminary incomplete financial data for its third fiscal quarter of the year earlier this …
Oct 15, 2008
The Tampa Tribune–October 14, 2008 TALLAHASSEE, Fla. (AP) — As the economy has sunk, burglary and theft have been on the rise, and Florida’s top prosecutor warns that it could get worse. Crime in Florida increased by 1.6 percent in …
Oct 15, 2008
Palm Beach Post–October 14, 2008 By RANDY DIAMOND Palm Beach Post Staff Writer A state fund responsible for backing up homeowners insurers in the event of a major or catastrophic storm said Tuesday that it could not make good on …
Oct 15, 2008
To view a complete story, click on a headline below: State storm fund short, official says A state fund responsible for backing up homeowners insurers in the event of a major or catastrophic storm said Tuesday that it could not …
Oct 15, 2008
Florida Insurance Commissioner Kevin McCarty announced today, October 15, 2008, that he has disapproved the National Council on Compensation Insurance’s (“NCCI”) August 27, 2008 rate filing for workers’ compensation insurance rates that would have become effective January 1, 2009. Commissioner …
Oct 15, 2008
Florida Governor Charlie Crist today, October 15, 2008, announced the acceleration of over 179 Department of Transportation projects totaling $1.4 billion in road construction funding. The projects will employ 39,000 people and generate $7.84 billion in economic benefits. Governor Crist’s …
Oct 15, 2008
On Tuesday, October 14, 2008, the National Association of Insurance Commissioners (“NAIC”) held a Casualty Actuarial and Statistical Task Force (“Task Force”) meeting. Agenda items considered for adoption included regulatory guidance documents and the Auto Database Report. To view the …
Oct 15, 2008
During the Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council (“Council”) meeting held October 14, 2008, FHCF financial advisors informed Council members that the FHCF would not be able to meet its total financial obligations in certain circumstances because of its …