OIR Approves State Farm Withdrawal Plan–With Conditions

Feb 13, 2009

The Florida Office of Insurance Regulation (“OIR”) announced today, February 13, 2009, that Florida Insurance Commissioner Kevin McCarty has conditionally approved State Farm Florida Insurance Company’s plan to withdraw its property insurance coverage from the Florida market.   Commissioner McCarty is scheduled to be …

Crist presses president for catastrophe fund

Feb 12, 2009

Herald Tribune–February 12, 2009 By LLOYD DUNKELBERGER H-T CAPITAL BUREAU TALLAHASSEE – Gov. Charlie Crist used his joint appearance with President Barack Obama on Tuesday in Fort Myers to personally lobby the president for the creation of a national catastrophe …

Don’t Give Up Your State Farm Policy Yet, Say Finance Advisors

Feb 12, 2009

National Underwriter–February 12, 2009 A Florida trade group called yesterday for halt in what it said were efforts to create paranoia and make property owners shift home insurers. The statement came from National Association of Insurance and Financial Advisors-Florida which …

State Farm agents are anxious about what happens next

Feb 12, 2009

They face a fuzzy future after the company’s Florida declaration. By David Bauerlein Florida Times-Union–February 12, 2009 State Farm agent Craig Dewhurst describes the mood of his fellow agents by recalling the upheaval of 1992 when Hurricane Andrew slammed South …

City of Bradenton may charge for traffic accidents

Feb 12, 2009

Bradenton Herald–February 12, 2009 By CARL MARIO NUDI BRADENTON – In the future, you may receive a bill for a service fee when Bradenton Police have to direct traffic because you caused a vehicle crash. The City Council on Wednesday …

Capitol to Courthouse Headliners: Thursday, February 12

Feb 12, 2009

  Above:  Florida Governor Charlie Crist held a Civil Rights Roundtable discussion this morning honoring the National Association for the Advancement of Colored People’s 100th anniversary and the bicentennial of Abraham Lincoln’s birth.  Governor Crist met with Florida’s African-American community …

2009 State of the Florida Insurance Market Summit Review

Feb 12, 2009

Featuring nationally-known regulators, state legislators, economists and insurance industry executives, the 2009 State of the Florida Insurance Market Summit drew over three hundred attendees to the Rosen Shingle Creek Resort in Orlando, Florida from January 14-16, 2009. A review of …