Feb 17, 2009
Today, February 17, 2009, the Florida Office of Insurance Regulation (“OIR”) held a Rule Development Workshop on proposed Rule 690-125.005 entitled “Use of Credit Reports and Credit Scores by Insurers.” To view the meeting notice, click here. OIR Assistant General …
Feb 17, 2009
On Tuesday February 17, 2009, a Colodny Fass representative attended a Rule Development Workshop held at the Florida Office of Insurance Regulation (“OIR”) in Tallahassee, FL. The focus of the Workshop was to incorporate “Motor Vehicle Manufacturers” as a …
Feb 17, 2009
To view a complete story, click on a headline below: Five Insurers Subpoenaed to Testify in OIR Credit Score and Report Use Hearing The Florida Office of Insurance Regulation (“OIR”) will hold a hearing on Wednesday, February 18, …
Feb 17, 2009
By KATHLEEN HAUGHNEY THE NEWS SERVICE OF FLORIDA THE CAPITAL, TALLAHASSEE, Feb. 16, 2009……. Two Tallahassee lawmakers have filed measures that would put a crack in the law banning lobbyists’ gifts to legislators, partly in an effort to jump start …
Feb 17, 2009
The Florida Office of Insurance Regulation (“OIR”) will hold a hearing on Wednesday, February 18, 2009 to take public testimony regarding the use of credit scoring, credit history and credit models by insurers in the underwriting and rate-setting process in …
Feb 16, 2009
Jacksonville Business Journal–February 13, 2009 by Rachel Witkowski Staff Writer JACKSONVILLE – State Farm Florida Insurance Co.’s announced exit from the property insurance market is a boon for other insurance companies and independent agencies that are picking up the insurer’s …
Feb 16, 2009
Tampa Tribune–February 15, 2009 Thousands of State Farm policyholders around Florida are angry with the insurance giant and can’t wait to see the company leave. Insurance Commissioner Kevin McCarty apparently feels the same way. He said the other day the …
Feb 16, 2009
Pensacola News-Journal–February 15, 2009 As Florida’s Insurance Consumer Advocate, I am disappointed in State Farm Florida’s decision to exit the property insurance market. We need to consider the immediate fallout: Does the private market have the capacity to absorb State …
Feb 16, 2009
Florida Times-Union–February 15, 2009 Many politicians, editorialists and citizens have weighed in on the recent decision by State Farm to withdraw from Florida’s property insurance market. Some of the comments have derided State Farm and some of these came long …
Feb 16, 2009
Herald-Tribune–February 15, 2009 Now that the state has given State Farm Florida conditional approval to leave Florida’s property insurance market, Gov. Charlie Crist and legislative leaders can drop their populist rhetoric and try to figure out how to make hurricane …