Mar 7, 2013
A top Citizens Property Insurance Corporation (“Citizens”) executive blamed negative media coverage and constant scrutiny for the recent exodus of five top managers during Citizens Actuarial and Underwriting Committee (“Committee”) meeting on March 5, 2013. “What I am most …
Mar 6, 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 Florida …
Mar 6, 2013
Negotiated rate increase less than half of insurance companies’ request North Carolina Insurance Commissioner Wayne Goodwin signed a settlement agreement with homeowners insurance companies yesterday, March 5, 2013, in which he allowed an overall statewide average rate increase of …
Mar 6, 2013
Mobile home screened enclosures and carports that are attached would once again be eligible for insurance coverage under a proposal recommended by Citizens Property Insurance Corporation’s Actuarial and Underwriting Committee at its meeting yesterday, March 5, 2013. Although Committee …
Mar 6, 2013
House Bill 341 relating to Uninsured Motorist Insurance by State Representative Clay Ingram passed the Florida House Civil Justice Committee unanimously with little discussion and no debate today, March 6, 2013. The bill would restore the general effectiveness of a …
Mar 6, 2013
The following notice was issued by THE NEWS SERVICE OF FLORIDA on March 6, 2013: The Florida Supreme Court will hear oral arguments at 9:50 a.m. today, March 6, 2013, in the case of GEICO General Insurance Co. v. Virtual …
Mar 5, 2013
The National Association of Insurance Commissioners (“NAIC”) has initiated the model law development process for its Creditor-Placed Insurance Model Act (#375) for possible reclassification as a “guideline.” As it currently exists, the Creditor-Placed Insurance Model Act (“Model”) creates a …
Mar 5, 2013
The Surplus Lines Requirements Subgroup of the National Association of Insurance Commissioners’ (“NAIC”) Surplus Lines Task Force is scheduled to meet via teleconference on March 7, 2013, to discuss draft suggestions for promoting improved regulatory uniformity with regard to …
Mar 5, 2013
Above: Florida Governor Rick Scott delivers his 2013 State of the State address in front of the Florida Legislature at the Capitol in Tallahassee today (PHOTO/Troy Kinsey, Staff) Florida Governor Rick Scott delivered his third State of the …
Mar 5, 2013
The Florida House Insurance and Banking Subcommittee (“Subcommittee”) will meet tomorrow, March 6, 2013, from 1:00 p.m. to 3:30 p.m. in 404 House Office Building, during which it will consider various bills, including legislation that would create a Citizens …