U.S. Rep Mahoney Urges NCOIL To Back Cat Bill

Feb 29, 2008

National Underwriter–Feb. 28, 2008 BY ARTHUR D. POSTAL WASHINGTON —A Florida congressman urged state legislators today to persuade members of the U.S. Senate to support legislation that would allow states to pool their catastrophic risks. Rep. Tim Mahoney, D-Fla., told …

Storm-risk models impact rates

Feb 29, 2008

Bradenton Herald–Feb. 28, 2008 By ALDEN WEICHELSpecial to the Herald Insuring hurricane losses in Florida is a high-risk business. Most of the insured property – worth nearly $2 trillion – is vulnerable to storm losses since Florida has more major …

Hefty Citizens surcharges a threat

Feb 29, 2008

Homeowners covered by the state-run insurer could face multiple double-digit assessments on their policies if lawmakers don’t make certain changes in the legislative session that starts Tuesday. BY BEATRICE E. GARCIAMiami Herald–Feb. 29, 2008 Assessments could be more onerous for …

House Speaker Rubio pushes aid for small insurers

Feb 29, 2008

He seeks $250-million to provide loans to smaller state companies. By TOM ZUCCO, Times Staff WriterSt. Petersburg Times–Feb. 29, 2008 Despite a looming budget crisis, Florida House Speaker Marco Rubio said Thursday he’d like to find $250-million to revive a …

CNBC To Air Insurance Industry Expose On March 2 at 10 p.m.

Feb 29, 2008

This Sunday, March 2, 2008 at 10 p.m., CNBC’s Business Nation will broadcast a special report entitled “Insurance Companies:  Cashing in on Catastrophe?” To view the Internet preview and broadcast specifics, click here.   Should you have any questions or …

Insurance Fraud Weekly ePort: Week Ending Feb. 29

Feb 29, 2008

  Insurance Fraud Weekly ePortWeek Ending February 29, 2008 www.InsuranceFraud.org _______________________________ LEGISLATION & REGULATION The Maryland House unanimously passed a bill (HB 404) requiring fraud warnings on claim and application forms. A provision requiring a fraud warning on benefit checks …