Feb 10, 2009
National Underwriter–February 10, 2009 BY DANIEL HAYSNU Online News Service The Florida Hurricane Catastrophe Fund, a key reinsurance provider, has a shortfall of $18.5 billion, which could pose problems for some of the state’s recent insurance startups, state officials indicated. …
Feb 10, 2009
Sarasota Herald-Tribune–February 10, 2009 By LLOYD DUNKELBERGER H-T CAPITAL BUREAU TALLAHASSEE – With State Farm pulling out of the Florida property insurance market, the Senate budget chairman Monday expressed concern about many of those consumers moving into new insurance companies …
Feb 10, 2009
Treasure Coast Palm–February 9, 2009 By Julie Patel, Sun-Sentinel Many of Florida’s 1.2 million State Farm policyholders aren’t waiting to find new property insurance after the surprise announcement last month that State Farm is pulling out of Florida. And the …
Feb 10, 2009
To view a complete story, click on a headline below: $1 billion deficit in schools budget could force tax increase One year after Gov. Charlie Crist led the campaign to carve a property tax cut into the state …
Feb 10, 2009
Above: An editorial cartoon on insurance appeared in today’s Gainesville Sun To view a complete story, click on a headline below: State insurance chief shops plan to bolster hurricane catastrophe fund Office of Insurance Regulation Commissioner Kevin McCarty …
Feb 10, 2009
On Monday, February 9, 2009, the Florida Senate Policy and Steering Committee on Ways and Means (“Committee”) heard testimony regarding the Florida Hurricane Catastrophe Fund’s (“FHCF”) financial condition from FHCF Senior Officer Jack Nicholson and John Forney, FHCF Financial Advisor. …
Feb 10, 2009
Assessing the Madoff Ponzi Scheme and Regulatory Failures Wednesday, February 4, 2009, 9:30 a.m., 2128 Rayburn House Office Building Capital Markets Click Here To View Archived Webcast Kanjorski Announces Hearing on Madoff’s Ponzi Scheme Washington, DC – …
Feb 10, 2009
The Florida Office of Insurance Regulation (“OIR”) issued a Final Order today, February 10, 2009, approving the National Council on Compensation Insurance’s (“NCCI”) amended rate filing requesting a 6.4 percent increase in workers’ compensation insurance rates to be effective April …
Feb 10, 2009
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Feb 9, 2009
St. Petersburg Times–February 7, 2009 By Jeff Harrington, Times Staff Writer Security First Insurance’s pledge to pick up discarded State Farm customers anywhere in the state – at least the first 50,000 who contact the company – is back on …