Chubb Group Ordered to Refund Over $13 Million To Customers

Jul 19, 2007

The Florida Office of Insurance Regulation today released the following news regarding a Consent Order issued to The Chubb Group for the refund of over $13 million in excess profits to its customers. Should you have any questions or comments, please do not hesitate to …

OIR May Not Issue PIP Advisory

Jul 19, 2007

We have recently learned that Florida’s Office of Insurance Regulation (“OIR”) may not issue an advisory memoranda addressing the sunset of Florida’s no-fault law. Although internal discussions are being held on the issue, officials from OIR have stated that they anticipate …

Sun-Sentinel Offers Poll Regarding PIP Sunset

Jul 19, 2007

The news article below recently appeared in the South Florida Sun-Sentinel accompanied by a poll to ask readers “Should Florida do away with its no-fault auto insurance law, which is currently set to expire Oct. 1?” The poll, the structure and …

July 19–Florida Health Insurance Advisory Board To Meet

Jul 19, 2007

The Florida Health Insurance Advisory Board ("Board") has scheduled a public meeting to discuss critical issues for theFlorida health care insurance market. The Board will discuss a myriad of issues including improving health care access, improving health care affordability, and …

Capitol to Courthouse Headliners: Wednesday, July 18

Jul 18, 2007

Click on a headline to read the complete story:   Florida warns home insurers: Obey new laws on windstorm — or else Florida Insurance Commissioner Kevin McCarty put the state’s homeowner insurance companies on notice Tuesday they had better comply …

CFO Sink Issues Two Consumer Alerts

Jul 18, 2007

Florida’s Chief Financial Officer, Alex Sink, has issued two consumer alerts as detailed below.   Should you have any questions or comments, please do not hesitate to contact this office.   CFO Sink Advises Floridians That Tennessee Has Placed NFOA Into …

Insurance Broker To Reimburse $2.6 Million

Jul 18, 2007

The Florida Department of Financial Services (“DFS”), in conjunction with Florida Attorney General Bill McCollum, issued the following press release providing for $2.6 million in reimbursements to multiple Florida cities and counties from national insurance broker Willis Group Holdings.  The reimbursement …