Category: Insurance Regulatory News

In a press conference held August 14, 2008, Florida Governor Charlie Crist requested the State’s agencies to speed up billions of dollars in approved construction and capital outlay projects through expedited approval and contracting.  Expediting these projects is expected boost Florida’s …

  Insurance-Related Meetings:  Week of August 18-22   Tuesday, August 19 FSIGA The Florida Self-Insurers Guaranty Association will hold a Board meeting on Tuesday, August 19 at 3:00 p.m. at the Orlando World Center Marriott, 8701 World Center Drive, Orlando, …

Florida Insurance Commissioner Kevin McCarty today, August 15, 2008, announced that the Office of Insurance Regulation (“OIR”) has reached a limited agreement with the Allstate Companies. To view the agreement, click here. The OIR press release is below. Should you …

Florida Insurance Commissioner Kevin McCarty will hold a press conference to discuss a new development in the ongoing matter with the Allstate Insurance Companies. A member of this Firm will attend and provide a report on the proceedings. Details of …

To view a complete story, click on a headline below: Insurance regulators want State Farm to clarify nonrenewal data Just how many Florida policyholders does State Farm plan to drop? After State Farm Florida vice president Kathy Popejoy told regulators …

Florida Governor Charlie Crist today, August 15, 2008, announced the appointment of Sherill W. Hudson and William P. Corry to Citizens Property Insurance Corporation’s (“Citizens”) Board of Governors. Governor Crist’s press release is below. If you have any questions or …

On Thursday, August 14, 2008, the National Association of Insurance Commissioners (“NAIC”) held a Catastrophe Reserve Working Group (“Working Group”) meeting to discuss comments received on the Voluntary Tax-Deferred Pre-Event Catastrophe Reserve Proposal (“Proposal”). To view a copy of the …

The Florida Commission on Hurricane Loss Projection Methodology (“Commission”) held consecutive meetings on August 12 and 13, 2008 in Tallahassee, Florida to discuss recommended changes to various loss modeling standards by various committees. The individual committees established by the Commission …

When the spate of hurricanes in 2004 sent Florida’s insurance industry into a regulatory and economic whirlwind, attorneys with Colodny Fass realized there was too much news for their clients to stay informed.

To view a complete story, click on a headline below: Tax swap removed from ballot A state judge today struck from the ballot a controversial plan to wipe out most school property taxes, ruling that the proposal’s ballot summary on …