Legislators eye Citizens’ surplus

Mar 31, 2008

Miami Herald–Mar. 29, 2008 BY BEATRICE E. GARCIA Money earmarked to pay future insurance claims could end up funding a program to provide additional capital for start-up and newer insurance firms. A bill passed Thursday by the House Jobs and …

Amendment to SB 2174 Filed March 31

Mar 31, 2008

  An amendment to SB 2174 Relating to Motor Vehicle Insurance by Senator Bill Posey has been filed and will be heard during the Senate Banking and Insurance Committee meeting scheduled from 9:30 a.m. – 11:00 a.m. on Tuesday, April …

Capitol to Courthouse Headliners: Monday, March 31

Mar 31, 2008

  To view a complete story, click on a headline below: Legislators eye Citizens’ surplus Citizens’ surplus could be tapped to fund a capital build-up program for start-up insurers despite concern about Citzens’ exposure to possible large storm claims. Money …

NAIC Releases 2007 Annual Report

Mar 31, 2008

The National Association of Insurance Commissioners (“NAIC”) released its 2007 Annual Report, “State Regulation: Built to Last” on Sunday, March 30, 2008. To view a copy of the report, click here. The report provides a comprehensive summary of the NAIC’s …

NIPR Releases 2007 Annual Report

Mar 29, 2008

Incorporated in October 1996, the National Insurance Producer Registry (“NIPR”) is a non-profit affiliate of the National Association of Insurance Commissioners. NIPR developed and implemented the Producer Database and Electronic Appointments/Terminations (formerly PIN). Below is a press release from the …

Storm brewing over overhauls

Mar 28, 2008

Insurance rates again take up Legislature’s time By McClatchy TribuneKeynoter.com–Mar. 28, 2008 A year after making sweeping property insurance changes, Florida legislators are divided between maintaining a consumer-friendly face or allowing homeowner premiums to start inching up. This week, the …

Program attracts insurers

Mar 28, 2008

Bill extends state-funded loans, helping companies boost capital reserves By BOB FLISS Charlotte Business Editor Sun-Herald–Mar. 28, 2008 TALLAHASSEE — After two consecutive quiet hurricane seasons, competition is gradually returning to Florida’s property insurance market. A House council on Thursday …