Nov 21, 2013
On November 14, 2013, the National Association of Insurance Commissioners (“NAIC”) Catastrophe Risk (E) Subgroup approved revisions to both the Hurricane and Earthquake lists used in catastrophe risk-based capital reporting for the year-end 2013 Property Risk-Based Capital Report. Of …
Nov 21, 2013
Florida Insurance Commissioner Kevin McCarty announced today, November 21, 2013, that a $4 million life claim settlement agreement has been reached with two companies, Aviva Life & Annuity Company and Aviva Life & Annuity Company of New York, collectively …
Nov 21, 2013
Plan Would Diversify Risk Across all U.S. Regions & Disaster Categories In a news release issued yesterday, November 20, 2013, David Jolly, a Republican candidate for Florida’s 13th Congressional District (Pinellas County), called for replacing the National Flood Insurance Program …
Nov 21, 2013
To go directly to the section of your choice, click on a hyperlink below. Other hyperlinks to meeting information, bills and news are noted in bold type. Daily Florida Insurance-Related Events Daily Florida Insurance-Related News Daily …
Nov 20, 2013
Join Colodny Fass& Webb, the Property Casualty Insurers Association of America, the Florida Association of Insurance Agents and Citizens Property Insurance Corporation (“Citizens”) for a complimentary follow-up webcast discussion on the Citizens Clearinghouse on Friday, November 22, 2013. Florida …
Nov 20, 2013
Join Colodny Fass& Webb, Property Casualty Insurers Association, Florida Association of Insurance Agents and Citizens Property Insurance for a complimentary follow-up webcast discussion on the Citizens Property Insurance Clearinghouse. Florida Governor Rick Scott signed Senate Bill 1770 into law, …
Nov 20, 2013
Kansas Insurance Commissioner Sandy Praeger advised in Bulletin 2013-1 issued today, November 20, 2013, that the Kansas Insurance Department (“KID”) has recently received complaints from motor vehicle owners that insurers are refusing to compensate them for sales taxes and fees …
Nov 20, 2013
Above: Florida Senator Wilton Simpson Florida Senator Wilton Simpson, whose district comprises parts of Pasco, Hernando and Sumter counties, filed SB 416 relating to Sinkhole Coverage yesterday, November 19, 2013. The legislation is similar to HB 129 by State …
Nov 20, 2013
In Bulletin 21-2013 issued November 15, 2013, the Arkansas Insurance Department advised certain property and casualty insurers and others that the State of Arkansas will once again in 2013 participate in the National Association of Insurance Commissioners’ (“NAIC”) Market …
Nov 20, 2013
The National Association of Insurance Commissioners (“NAIC”) advised today, November 20, 2013, that the International Association of Insurance Supervisors (“IAIS”) has released for consultation its third draft of the Common Framework for the Supervision of Internationally Active Insurance Groups …