Nov 25, 2007
BY BEATRICE E. GARCIA The Miami Herald Insurance companies operating in Florida often complain about the regulatory system in the state. Their view: There’s too much regulation. Another problem, they claim, is that insurance laws change often in this state.That …
Nov 23, 2007
The Florida Office of Insurance Regulation has issued a Notice of Development of Rulemaking for Rule No: Rule Title 69O-144.005: Credit for Reinsurance. The Notice is below. Also included here in both e-mail and attachment formats is the text of …
Nov 23, 2007
The following information was released today from Citizens Property Insurance Corporation regarding an upcoming policyholder forum to be held in Daytona Beach on November 28. Citizens held its first-ever policyholder forum in Fort Lauderdale on May 15, 2007. Should you …
Nov 21, 2007
Click on a headline to read the complete story:  Some local governments pull out of state investment pool  TALLAHASSEE, Fla. (AP) — At least three local governments have pulled more than $350 million total out of a state-run investment …
Nov 21, 2007
 We have been advised by the Office of Insurance Regulation (“OIRâ€) that it has issued Orders to 177 automobile insurance carriers in Florida. The affected carriers are those who made any rate, rule or form filings with the OIR …
Nov 21, 2007
The Florida Senate has issued its block interim calendar for the week of December 10-14, 2007. To view the calendar, click here.  The Florida Taxation and Budget Reform Commission (“TBRC”) will hold a meeting on Friday, November 30, 2007. 3:45 …
Nov 21, 2007
 Earlier today, State Representative Brian Kennedy (RI), President of the National Conference of Insurance Legislators (“NCOILâ€), announced the recent election of the 2008 officers and co-chair appointments. We have attached the NCOIL press release for your review.  About …
Nov 21, 2007
 The Florida Hurricane Catastrophe Fund (“FHCFâ€) has updated its website to include a partial list of the 2007/2008 Coverage Selections & Premium Calculations. We have attached this document to this newsletter for your review. Please be advised that this …
Nov 21, 2007
 On November 2, 2007, the Florida Health Insurance Advisory Board (“Boardâ€) amended and approved its 2008 Legislative Recommendations. The Board has just released these Recommendations and we have attached them to this newsletter for your review. Also attached is …
Nov 21, 2007
 Attached, please find information regarding legislative action at the recent National Conference of Insurance Legislators (“NCOIL”) November 14 through 18 Annual Meeting. Lawmakers adopted, among other things: •        an amended NCOIL life settlements model act that targets illegal STOLI transactions …