Capitol to Courthouse Florida Insurance Report: Tuesday, December 5, 2015
Jan 5, 2016
The Florida Office of Insurance Regulation has approved the removal of up to 70,000 personal residential policies and 1,500 commercial residential polices from Citizens Property Insurance Corporation, Insurance Journal reports.
NORCAL Mutual Insurance Co. has completed its acquisition of FD Insurance, a Florida domiciled medical malpractice provider for physicians and surgeons. This acquisition expands NORCAL’s national footprint and establishes Jacksonville, Florida as the company’s new Southeast regional office.
State Senate President Andy Gardiner, R-Orlando, has asked the state auditor general to randomly assign numbers to all 40 Senate districts Tuesday morning, as directed by Circuit Judge George Reynolds’ December 30 redistricting decision. The Tampa Bay Times’ Steve Bousquet reports via “The Buzz” blog.
the true sausage-making will happen near the end of Florida’s 60-day Legislative Session, as lawmakers race to pass bills, tack on amendments and negotiate a budget. Via SayfieReview.com, THE NEWS SERVICE OF FLORIDA outlines 10 issues to watch.
The redistricting dominoes are beginning to fall after last week’s landmark ruling from circuit court judge George Reynolds, Matt Dixon reports for Politico Florida.
The New York Insurance Association announced that Steven J. Coffey, president and chief executive officer of Broome Co-operative Insurance Company, has been elected to serve as the Association’s chair for 2016, Insurance Journal reports.
The world’s largest insurer as measured by 2014 net premiums written is UnitedHealth Group Inc., according to a ranking by A.M. Best of the world’s largest insurance companies.
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