Apr 5, 2018
Oklahoma Insurance Commissioner John D. Doak has been named to the Coalition Against Insurance Fraud‘s executive committee. He was elected unanimously by the Coalition’s executive committee. https://www.insurancejournal.com/news/southcentral/2018/04/05/485474.htm
Apr 5, 2018
As discussed during the NAIC’s Property and Casualty Insurance Committee’s March 26 meeting in Milwaukee, the Committee is forming a drafting group to develop a white paper to fulfill its charge to: “Consider the development of a white paper reviewing …
Apr 4, 2018
Demotech will not downgrade any of the 16 Florida insurers that it said earlier this year could face financial stability ratings adjustments because of hurricane losses and assignment of benefits litigation during 2017. Insurance Journal’s Amy O’Connor reports. https://www.insurancejournal.com/news/southeast/2018/04/04/485234.htm
Apr 4, 2018
The 2018 Florida Hurricane Catastrophe Fund Proposed Ratemaking Formula Report and the 2018 Proposed Rates and 2018 Proposed Rating Regions in Excel format have been posted. https://www.sbafla.com/fhcf/Home/Announcements/2018ProposedRates.aspx
Apr 4, 2018
A state mandate to prohibit advance payments from the Federal Emergency Management Agency has left dozens of cities, counties and school districts waiting months to receive nearly $4 billion in federal funds to pay recovery costs from last fall’s Hurricane …
Apr 4, 2018
Florida officials said about 3 million of those who left were not in evacuation zones, The Palm Beach Post’s Kimberly Miller reports. https://www.mypalmbeachpost.com/weather/hurricanes/irma-forced-mass-evacuations-officials-urge-staying-home-next-time/KippDb0Dnw3reWRT0oH3rM/
Apr 4, 2018
Topics include but are not limited to Board Committee Reports. https://www.citizensfla.com/-/20180411-bog Materials from this month’s Citizens’ committees Consumer Services Committee Audit Committee Finance and Investment Committee Market Accountability Advisory Committee
Apr 4, 2018
Businesses that plan ahead of time are more likely to survive a major disaster, 850 Magazine’s Erin Hoover writes. http://www.850businessmagazine.com/Spring-2018/What-Hurricanes-Irma-and-Harvey-Taught-Us-About-the-Business-Impacts-of-Disaster/
Apr 4, 2018
One homeowners’ insurer in Florida offer what it calls a “deductible installment plan,” Patrick Wraight writes for Insurance Journal. https://www.insurancejournal.com/blogs/academy-journal/2018/04/04/485077.htm
Apr 4, 2018
The rift between the House and Senate is whether to allow policy that would allow the state’s gambling industry to grow, potentially competing with the six casinos operated by the tribe. https://www.politico.com/states/florida/story/2018/04/03/special-session-for-gaming-overhaul-likely-on-or-after-april-23-345233