Daily Archives: March 13, 2017
Mar 13, 2017
Olympus Insurance Company (Olympus), a leading Florida homeowners insurer, announced that insurance ratings agency Demotech has reaffirmed its current “A Exceptional” Financial Stability Rating® (FSR) based on the company’s 2016 Annual Statutory Financial Statement. Financial Stability Ratings® …
Mar 13, 2017
Additional proposed changes to Florida regulations relating to insurance agent continuing education have been posted by the Florida Department of Financial Services’ Division of Insurance Agent and Agency Services. The proposed Rules referenced are: 69B-228.040 Course Providers 69B-228.050 …
Mar 13, 2017
Florida’s Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) will meet on Wednesday, March 15, 2017 to vote on whether to call its 2015 Everglades Re II Series 2015-1 bonds without a call premium on their optional redemption …
Mar 13, 2017
Although Florida law currently does not contain any provisions relating specifically to registration of Personal Delivery Devices (“PDDs”) or required insurance to cover damages caused by their operation, a bill scheduled to be heard tomorrow by the Florida Senate …
Mar 13, 2017
The Florida Senate Committee on Banking and Insurance meets tomorrow, March 14, 2017 from 10 a.m. to noon, during which it it is scheduled to consider SB 812, a bill that would alter the method by which personal lines residential …
Mar 13, 2017
Blaming Claims Abuses, Property Insurers Seek Steep Rate Increases Some of the largest Insurance Companies in South Florida are seeking Rate Hikes again, and Homeowners are due for some nasty surprises at Renewal Time. The Sun-Sentinel’s Ron Hurtibise reports. …