Nov 13, 2008
Call letters recently were sent to those insurance companies that are required to participate in the National Association of Insurance Commissioners (“NAIC”) Market Conduct Annual Statement (“MCAS”), a mandatory filing that collects data on a state-specific, industry-wide basis. The letters …
Nov 12, 2008
The Florida Association of Independent Agents is preparing proposed legislation to fix a “glitch” created by the passage of House Bill 601 earlier this year. The proposed changes would clarify portions of the bill relating to condominium special assessments and …
Nov 12, 2008
Orlando Sentinel–November 12, 2008 Rachael Jackson Sentinel Staff Writer The federal government has designated more than $26 million for Floridians affected by Tropical Storm Fay, according to numbers released Tuesday, but relief and mitigation funding from the August storm is …
Nov 12, 2008
2004 hurricane debris at issue By Maria Herrera South Florida Sun-Sentinel–November 12, 2008 Delray Beach The Federal Emergency Management Agency says the city owes it $495,000. The culprit: Debris left behind when Hurricane Frances swept through South Florida in 2004. …
Nov 12, 2008
Florida Health News–November 11, 2008 By Carol Gentry Agents and brokers who sell Medicare drug and health plans will receive only a little more than half as much in commission payments in 2009 as they are accustomed to receiving, based …
Nov 12, 2008
South Florida Business Journal–November 11, 2008 by Stewart Verney Florida TaxWatch is urging Gov. Charlie Crist to call a special legislative session to clarify the state’s corporate income tax law. The 2008 Florida Legislature passed a routine corporate income tax …
Nov 12, 2008
AM Best–November 11, 2008 A recent newspaper article in Florida, which alleged the state’s take-out program is a ploy to forcibly move policies from Citizens Property Insurance Corp. to weak insurers, has been criticized by the Florida Office of Insurance …
Nov 12, 2008
On Wednesday, November 12, 2008 the Florida Office of Insurance Regulation (“OIR”) held a public hearing on proposed Rule 690-138.005 (4) entitled “Exams by Non-Employees.” OIR Director of Property and Casualty Financial Oversight Robin Westcott and Assistant General Counsel Bob Prentiss presided …
Nov 12, 2008
To view a complete story, click on a headline below: Florida Regulators, Citizens Property Insurance Corp. Defend Take-Out Process A recent newspaper article in Florida, which alleged the state’s take-out program is a ploy to forcibly move policies …
Nov 11, 2008
Florida CFO calls for special session Bill CotterellNews Journal capital bureau Pensacola News-Journal–November 11, 2008 TALLAHASSEE – The state budget director said Monday economists might reduce Florida’s already shrunken revenue projections by up to $1 billion next week. But Office …