Category: Insurance Regulatory News
Jul 24, 2008
St. Petersburg Times–July 23, 2008By Tom Zucco, Times Staff Writer When State Farm denied the sinkhole claim on Dave Bowers’ Port Richey home two years ago, he decided that venting to his friends just wasn’t enough. He had to take …
Jul 24, 2008
OUR OPINION: STATE REGULATORS MUST CONSIDER ALL RELEVANT FACTORS Miami Herald–July 24, 2008 There is a silver lining in State Farm Florida Insurance Co.’s request to hike windstorm policy rates by as much as 70 percent in some areas: The …
Jul 24, 2008
National Underwriter–July 24, 2008 Daytona Beach, Fla., insurance broker Brown & Brown Inc. has declared a regular quarterly cash dividend of 7 cents a share payable on Aug. 20 to shareholders of record as of Aug. 6. The broker reported …
Jul 24, 2008
When balcony and patio items are destroyed, who pays? BY JOE KOLLIN South Florida Sun-Sentinel–July 24, 2008 A controversy that has divided South Florida condo boards, unit owners, insurance companies and the state since the hurricanes of 2004 and 2005 …
Jul 24, 2008
The National Association of Insurance Commissioners (“NAIC”) today, July 24, 2008, released testimony from four members given before the Oversight and Investigations Subcommittee of the U.S. House Committee on Energy and Commerce at a hearing titled, “Long-Term Care Insurance: Are …
Jul 24, 2008
 To view a complete story, click on a headline below:  Insurance Rate Increase Divides Florida Lawmakers After 24 years with State Farm, Brenda Harding is being dropped by the company she’s come to trust like an old friend. …
Jul 24, 2008
The National Association of Insurance Commissioners (“NAIC”) has scheduled a joint interim meeting of its Financial Condition (E) Committee and International Solvency and Accounting (E) Working Group on September 3 and 4, 2008 at the Chicago O’Hare Airport Hilton in …
Jul 24, 2008
The National Association of Insurance Commissioners (“NAIC”) has issued a mandate requiring all insurers doing business in the State of Massachusetts to submit rate and form filings electronically via SERFF as of January 1, 2009. Insurers required to pay filing …
Jul 24, 2008
Jul 23, 2008
National Underwriter–July 22, 2008 BY DANIEL HAYS Foreign reinsurers with triple-A ratings from two rating firms would not have to post collateral under a new Florida Office of Insurance Regulation published Friday. Florida and New York, in advance of action …