State Farm’s Rate Increase Request Denied

Dec 12, 2008

The Florida Office of Insurance Regulation (“OIR”) announced today, December 12, 2008, that Administrative Law Judge Daniel Manry of the Division of Administrative Hearings (“DOAH”) issued a Recommended Order denying State Farm’s indicated statewide average rate increase of 67 percent …

Capitol to Courthouse Headliners: Friday, December 12

Dec 12, 2008

  To view a complete story, click on a headline below:   Citizens insured may lose veto power in policy transfers Policyholders with Citizens Property Insurance could soon be stripped of the opportunity to prevent Citizens from transferring their policy …

Insurance-Related Meetings for the Week of December 15-19

Dec 12, 2008

  Insurance-Related Meetings for the Week of December 15-19:     Monday, December 15   OIR Rule Hearing The Florida Department of Financial Services, Office of Insurance Regulation (“OIR”), has issued a Notice of Proposed Rulemaking Development regarding the following …

Citizens Committee Meeting Reports: December 11

Dec 12, 2008

Citizens Property Insurance Corporation (“Citizens”) held three committee meetings in Jacksonville, Florida on December 11, 2008.  Below is a brief summary of the activities and discussions that took place during the meetings.   Market Accountability Advisory Committee Christine Turner, Citizens’ …

Credit Life and Credit Disability Rule Hearing Report: December 11

Dec 12, 2008

The Florida Financial Services Commission scheduled a Rule hearing to be held on December 11, 2008 regarding proposed changes to the following Rules:  69O-157.302:  Facility-Only Rates 69O-157.303:  Home Health Care-Only Rates 69O-157.304:  Comprehensive-Only Rates The proposed changes are designed to …

FSIGA Board of Directors

Dec 12, 2008

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 FSIGA Board of Directors The Florida Self-Insurance Guaranty Association will hold a Board of Governors meeting on Friday, December 12, starting at 12:00 p.m. at the Hampton Inn and Suites, 3388 …

Offshore Insurers’ Tax Situation May Spur Legislation

Dec 11, 2008

National Underwriter BY ARTHUR D. POSTAL NU Online News Service, Dec. 11, 10:29 a.m. EST WASHINGTON —A key senator has requested feedback on proposed legislation that would close a loophole providing a tax advantage to some offshore insurers. The discussion …