Aug 12, 2008
The Tampa Tribune–August 12, 2008 By JEROME R. STOCKFISCH In February, the Illinois-based State Farm group of insurance companies reported the company’s fifth consecutive profitable year. Five months later, State Farm’s Florida operation asked regulators for an average rate increase …
Aug 12, 2008
PR Newswire–August 12, 2008 Intent on demonstrating that there is plenty of room for "little guys" to compete successfully against the direct-writing monoliths of the online insurance arena, Florida Home Insurers, Inc. announced that more than 8,000 Floridians visited its …
Aug 12, 2008
The Florida Times-Union–August 12, 2008 By Special to the Times-Union On July 29, Florida’s Board of Administration voted to spend $224 million in return for a well-known billionaire’s pledge. ————————————————– ————————————————– Warren Buffett, the “Oracle of Omaha,” guaranteed that …
Aug 12, 2008
The Florida Cabinet met on August 12, 2008 and considered various governmental agency agendas. During the meeting, Florida Office of Financial Regulation (“OFR”) Commissioner Don Saxon announced he would resign Sept. 30 in the midst of an investigation into reports …
Aug 12, 2008
To view a complete story, click on a headline below: Amendment 5 tax swap a math problem Assuming a judge doesn’t knock it off the Nov. 4 ballot this week, a $9.3 billion to $11 billion tax-swap proposal for schools …
Aug 12, 2008
To view a complete story, click on a headline below: Insurance rate cut may turn into hike Florida consumers have been told mitigation could be the sure way to reduce insurance costs, but one insurer says it’s killing its bottom …
Aug 12, 2008
The National Association of Insurance Commissioners (“NAIC”) announced the public release of its Global Receivership Information Database (“GRID”). GRID contains data on more than 1,200 receiverships provided by insurance departments from all 50 states and the District of Columbia. In …
Aug 12, 2008
During the Florida Cabinet meeting today, August 12, 2008, Office of Financial Regulation (“OFR”) Commissioner Don Saxon announced he would resign, effective September 30, in the midst of an ongoing investigation into reports that his agency licensed thousands of mortgage brokers …
Aug 12, 2008
The Office of Florida Governor Charlie Crist issued the press release below regarding the commercial redevelopment of Launch Complex 36 at Cape Canaveral Air Force Station. Under the landmark agreement announced by the U.S. Air Force, the 47-year-old complex will …
Aug 12, 2008
> The Florida Cabinet will meet on Tuesday, August 12 at 9:00 a.m. in the Cabinet Meeting Room, Lower Level, The Capitol, Tallahassee, Florida. Insurance-related matters on the agenda include: Office of Insurance Regulation 1. Request for Approval to Repeal Rule …