Oct 29, 2008
During the Florida Cabinet meeting held on Tuesday, October 28, the Financial Services Commission (“FSC”) approved the following Rules presented by the Florida Office of Insurance Regulation for adoption without significant discussion: Proposed Rule 69O-170.0144: Public Hurricane Loss Projection Model …
Oct 29, 2008
By M.P. MCQUEEN Many owners of variable annuities have endured a double whammy lately: Their investment-account balances have taken a hit, as have the financial-strength ratings on the insurers that issued their annuities. Agents and brokers say they’ve received …
Oct 29, 2008
To view a complete story, click on a headline below: Note: The Property Casualty Insurers Association of America has created a new, weekly feature entitled “Decision 2008,” which is designed to provide news and information about key political races that …
Oct 29, 2008
The Florida Financial Services Commission, Office of Insurance Regulation (“OIR”) , will issue a formal Notice of Proposed Rulemaking regarding the following Rule in the October 31, 2008, edition of the Florida Administrative Weekly: 69O-197.006: Insurance Administrator Annual Report Form …
Oct 29, 2008
Join Colodny Fass, the Property Casualty Insurers Association of America and Guy Carpenter from January 14-16, 2009 at the Rosen Shingle Creek in Orlando, Florida to cover the year in review, and more importantly, preview the year ahead. Current market …
Oct 29, 2008
The Centers for Medicare & Medicaid Services (“CMS”) held its second public question and answer session (“Session”) today, October 29, 2008, to discuss mandatory reporting requirements related to Section 111 of the Medicare, Medicaid, and SCHIP Extension Act of 2007 …
Oct 29, 2008
The Florida Office of Insurance Regulation (“OIR”) issued a Final Order today, October 29, 2008, approving the National Council on Compensation Insurance’s amended rate filing for workers’ compensation insurance rates that will become effective Jan. 1. However, the rate decrease …
Oct 29, 2008
Today, October 29, 2008, the Florida Office of Insurance Regulation’s (“OIR”) general counsel, Steve Parton, told the Florida Surplus Lines Service Office (“FSLSO”) Board of Governors that the OIR was seriously considering issuing an order to clarify confusion surrounding the …
Oct 29, 2008
Above: Erin Siska By Erin T. Siska, Esq., AssociateColodny Fass Recently, during routine audits, the Florida Department of Revenue of Revenue (“DOR”), has found at least a dozen insurers that have been including executive bonuses as part of …
Oct 28, 2008
St. Petersburg Times–October 28, 2008 By Jennifer Liberto, Times Staff Writer TALLAHASSEE — State Farm Florida began to plead its case Monday, explaining to a judge why it needs to raise property insurance rates by 47.1 percent, an increase regulators …