Oct 19, 2012
Florida’s Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) voted today, October 19, 2012, to spend an estimated $400,000 on two outside financial consultants to evaluate the proposed Surplus Notes Depopulation Program (“Program”), which is intended to reduce Citizens’ …
Oct 19, 2012
Following is a listing of Florida insurance-related regulatory events for the week of October 22-26, 2012: All times are Eastern Time (“ET”). Additional information is available via hyperlink where noted in bold type. Monday, October 22 Florida Hurricane …
Oct 19, 2012
FPCA Homeowners Division Members: As discussed on the call this morning, attached please find a copy of the amici curiae brief filed jointly with PCI in the Trafalgar at Greenacres, Ltd. v. Zurich American Ins. Co. case. Should you …
Oct 19, 2012
Small-business owners stand to benefit from deductions By Darla Mercado www.InvestmentNews.com October 18, 2012 Next year, filers to the Internal Revenue Service will be able to deduct more from their federal taxes for long-term-care insurance premiums. In order to qualify, …
Oct 19, 2012
The following article was posted to the miami.cbslocal.com website on October 18, 2012: BSO: Sting Nets Arrests of 19 Unlicensed Contractors They came looking for work. Instead, they left in handcuffs. Only CBS 4′s cameras were allowed inside …
Oct 19, 2012
The Florida Office of Insurance Regulation (“OIR”) advised today, October 19, 2012, that it has established Commercial Lines and Coastal Account rates for Citizens Property Insurance Corporation. The effective dates for new and renewal rates on all Commercial Lines …
Oct 19, 2012
The following article was published in The Miami Herald on October 19, 2012: Obama declares 11 Florida Counties Disaster Areas By The Associated Press www.miamiherald.com President Obama has declared 11 Florida counties a disaster area for damage sustained during Tropical …
Oct 19, 2012
Florida’s Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) is scheduled to meet at 1:00 p.m. via conference call today, October 19, 2012. Board members will consider an Emergency Procurement for two outside advisors to conduct a comprehensive …
Oct 19, 2012
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 Insurance-Related News Daily Florida Insurance-Related Events …
Florida Office of Insurance Regulation Approves Up to 100,000 Citizens Policies for December Takeout
Oct 18, 2012
The Florida Office of Insurance Regulation (“OIR”) announced today, October 18, 2012, that it has approved the removal of up to 100,000 policies from Citizens Property Insurance Corporation (“Citizens”) by two Florida domestic insurance companies beginning December 4. American …