Category: Insurance Regulatory News

Capitol to Courthouse Headliners: Friday, July 25

Jul 25, 2008

    To view a complete story, click on a headline below:   Florida Installs New Citizens Insurance Board of Governors Chairman Florida Chief Financial Officer Alex Sink announced the appointment of James R. Malone as chairman of the Board …

Florida To Collect In Multi-State Settlement With HealthMarkets, Inc.

Jul 25, 2008

The Florida Office of Insurance Regulation released the information below today, July 25, 2008, regarding Florida’s $1.7 million share of a $20 million multi-state settlement agreement among 29 jurisdictions with HealthMarkets Inc., and its affiliated companies, MEGA Life and Health Insurance …

CFO Sink Appoints Jim Malone as New Citizens Board Chairman

Jul 25, 2008

Above:  Jim Malone was newly-appointed as Citizens Property Insurance Corporation Board of Governors Chairman today by Florida CFO Alex Sink.   The Florida Department of Financial Services released the following information today regarding the appointment of Jim Malone as the new Citizens …

NAIC Reinsurance Task Force Interim Meeting Report and Materials

Jul 25, 2008

The National Association of Insurance Commissioners (“NAIC”) Reinsurance (E) Task Force (“Task Force”) has concluded the first half of its interim meeting regarding the NAIC’s Reinsurance Regulatory Modernization Proposal (“Proposal”).  A Colodny Fass representative attended the open portion of the meeting, at which …

Health Insurance Risk Rates Rule Hearing

Jul 25, 2008

The Florida Department of Financial Services, Office of Insurance Regulation ("OIR") has issued a Notice of Proposed Rule Hearing regarding the following Rules: 69O-149.205: Indemnity Standard Risk Rates 69O-149.206: Preferred Provider/Exclusive Provider Standard Risk Rates 69O-149.207: Health Maintenance Organization Standard …

Risk Rates Rule Hearing

Jul 25, 2008

The Florida Department of Financial Services, Office of Insurance Regulation has issued a Notice of Proposed Rule Hearing regarding the following Rules: 69O-149.205: Indemnity Standard Risk Rates 69O-149.206: Preferred Provider/Exclusive Provider Standard Risk Rates 69O-149.207: Health Maintenance Organization Standard Risk …

NAIC Reinsurance Task Force July 23-25 Meeting Report

Jul 24, 2008

The National Association of Insurance Commissioners (“NAIC”) Reinsurance (E) Task Force (“Task Force”) has concluded the first half of its interim meeting regarding the NAIC’s Reinsurance Regulatory Modernization Proposal (“Proposal”).  A Colodny Fass representative attended the open portion of the meeting, at which …

Insurance Rate Increase Divides Florida Lawmakers

Jul 24, 2008

The Tampa Tribune–July 24, 2008 By RUSSELL RAY TAMPA – After 24 years with State Farm, Brenda Harding is being dropped by the company she’s come to trust like an old friend. "They’ve always been there for me, like the …