FIC Report Questions Citizens’ Solvency

Apr 8, 2008

National Underwriter–April 8, 2008 BY MARK E. RUQUET Florida ’s residual market insurer Citizens’ ability to pay claims if a once-in-100-years storm struck the state is doubtful, according to a study by an insurers association. The Florida Insurance Council released …

Senate Banking and Insurance Committee Report–April 8

Apr 8, 2008

On Tuesday, April 8, 2008, the Florida Senate Banking and Insurance Committee (“Committee”) met and discussed two insurance-related bills as part of its regularly-scheduled agenda. • Senate Bill 2338 by Senator Dave Aronberg (D- Greenacres) relating to Motor Vehicle and …

Allstate complies on release of papers

Apr 8, 2008

Miami Herald–Apr. 08, 2008BY BEATRICE E. GARCIA After years of defying court orders and racking up fines, Allstate has released about 150,000 pages of documents it had staunchly protected as proprietary. Allstate’s Florida-based companies are facing an order that bars …

Ban on Allstate stalls for now

Apr 8, 2008

Court to clarify if freeze immediate; insurer says state must wait Paul Flemming News Journal capital bureauPensacola News-Journal–April 8, 2008 TALLAHASSEE — Insurance regulators want to start the arm-twisting of Allstate immediately, and on Monday asked a court if it …

Aid for young insurance firms weighed

Apr 8, 2008

Miami Herald–Apr. 08, 2008BY BEATRICE E. GARCIA A bill will hit the floor of the state House of Representatives Wednesday that proposes to use $250 million from the state-run insurer’s reserves to fund a capital-buildup program for young or start-up …

Capitol to Courthouse Headliners: Tuesday, April 8

Apr 8, 2008

To view a complete story, click on a headline below: Aid for young insurance firms weighed A bill will hit the floor of the state House of Representatives Wednesday that proposes to use $250 million from the state-run insurer’s reserves …

House Healthcare Council Meeting

Apr 8, 2008

The House Healthcare Council will hold a meeting on Tuesday, April 8, 2008 from 8:30 a.m.-12:00 a.m. in Morris Hall, The Capitol, Tallahassee, Florida. Insurance-related bills to be discussed include: HB 0405: Relating to Health Insurance Claims Payments by Representative …