Category: Insurance Regulatory News

Capitol to Courthouse Headliners: Friday, September 12

Sep 12, 2008

To view a complete story, click on a headline below: Note: The Property Casualty Insurers Association of America has created a new, weekly feature entitled “Decision 2008,” which is designed to provide news and information about key political races that …

NAIC Life Insurance and Annuities Committee Meeting Report: September 10

Sep 12, 2008

On Wednesday, September 10, 2008, the National Association of Insurance Commissioners (“NAIC”) held a Life Insurance and Annuities Committee (“Committee”) meeting. The agenda included the consideration and adoption of the Actuarial Guideline Commissioners Annuity Reserve Valuation Method for Variable Annuities …

FWCJUA September Board Meeting Materials Update

Sep 12, 2008

The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) today, September 12, 2008, released a supplemental information packet to materials distributed at its September 9 Board of Governors meeting. The additional information includes: Revised Investment Committee Report: Compliance Review of the …

Capitol to Courthouse Headliners: Thursday, September 11

Sep 11, 2008

To view a complete story, click on a headline below: Insurance commissioner talks risk, financial soundness Florida Insurance Commissioner Kevin McCarty was in town Wednesday meeting with state Rep. Bill Galvano, R-Bradenton, and getting a progress report on the state …

County looks to quick flood fix

Sep 10, 2008

$2.3M drainage pipe installation could be folded into I-95 work BY SUSANNE CERVENKA Florida Today–September 10, 2008 A project that would limit future flooding to communities overwhelmed by Tropical Storm Fay’s torrential rains could be completed within a month.Advertisement Brevard …

Crist applauded for his role as weatherman-in-chief

Sep 10, 2008

Gainesville Sun–September 10, 2008 By Joe FollickSun Tallahassee Bureau MELBOURNE — Rosemary Rasdin said she has been stuck in a house “with mold with two dogs, suffering every day” since Tropical Storm Fay flooded her home on Aug. 20. The …

Major tax hike may come with next hurricane

Sep 10, 2008

ABC Action News, Tampa–September 9, 2008 Reported by: Don Germaise MARGATE, FL — A south Florida lawmaker is predicting the largest tax hike in state history if Florida gets hit with a major storm this season. According to a statement …

State Farm is refunding $120 million

Sep 10, 2008

State Farm agreed to refund $120 million to policyholders who weren’t given the correct discounts for strengthening their homes against hurricanes. BY BEATRICE E. GARCIAMiami Herald–September 10, 2008 Money back from your insurer? That’s something Florida homeowners rarely see. But …