NAIC November, 2008 Meeting Update Below is a recap of issues discussed during National Association of Insurance Commissioners (“NAIC”) meetings held during the month of November, 2008.  The topics are grouped as follows: General Regulatory Life and Health Workers’ …

On September 16 the Florida Cabinet, sitting as the Financial Services Commission, adopted a potentially far-reaching rule providing for an alternative ratings-based approach to the reinsurance collateral requirement applicable for ceding insurers to take credit for reinsurance. In essence, this …

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 FWCJUA Meetings The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) will hold the following meetings on Monday, December 1 via teleconference. Investment Committee–10:00 a.m. To view the complete meeting agenda, click …

Wishing You and Your Family a Bounty of Good Fortune This Thanksgiving

  Investors Will Be Offered Less, but Charged More, for the Popular Investments By LESLIE SCISM and LIAM PLEVEN The Wall Street Journal   Insurance companies that have eased the minds of many baby boomers with often-costly variable annuities are …

The Florida Office of Insurance Regulation had scheduled a proposed Rule Hearing on November 26, 2008 regarding Rules related to insurer reporting requirements.  However, because no requests were received for the hearing, one was not held. The Rules to be …

  Insurance-Related Meetings: Month of December, 2008 Week of December 1-5 Monday, December 1 FWCJUA Meetings The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) will hold the following meetings on Monday, December 1 via teleconference.  Investment Committee–10:00 a.m. To view …

  To view a complete story, click on a headline below:   State Farm lost $198.6 million in 9 months State Farm Florida has found another argument to use in its legal battle to hike homeowners insurance rates. For the …