Capitol to Courthouse Headliners: Friday, October 31

Oct 31, 2008

  To view a complete story, click on a headline below:   Ruling ahead for State Farm rates During the four-day hearing, State Farm presented its rationale for the increase, stating that the company needs the additional revenue to build …

Insurance-Related Meetings for the Month of November

Oct 31, 2008

Insurance-Related Meetings: Month of November, 2008 Week of November 3-7 Monday, November 3 OIR Advisory Council Meeting The Florida Office of Insurance Regulation (“OIR”) Advisory Council will hold a meeting on Monday, November 3, starting at 1:00 p.m. at OIR …

OIR Rule Hearing Report: Viatical Settlements

Oct 30, 2008

On Wednesday, October 29, 2008, the Florida Office of Insurance Regulation (“OIR”) held a public hearing regarding on the following proposed Rules that would administer the Viatical Settlement Act as provided by law: 69O-204.010: Purpose and Scope69O-204.020: Definitions69O-204.030: Forms Incorporated …

Exposure to Florida Catastrophe Fund Triggers A.M. Best Review

Oct 30, 2008

Insurance Journal–October 30, 2008 A.M. Best Co. says based on the credit market contraction and the uncertainty regarding the Florida Hurricane Catastrophe Fund’s ability to fund its claims-paying capacity, it placed several insurers’ ratings under review with negative implications. The …