Capitol to Courthouse Headliners: Tuesday, November 2
Nov 2, 2010
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Homeowners Choice, Inc., a Florida-based insurance holding company, today announced that its wholly owned insurance subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc., has been authorized by the Florida Office of Insurance Regulation to assume 10,000 homeowners’ policies from Citizens Property Insurance Corporation, Florida’s state-run insurance company
- News Release: Homeowners Choice Announces Release Date for Third Quarter 2010; Schedules Conference Call and Webcast
Does Florida need a fourth state-run insurance program, this one to cover sinkholes?
Hiscox Insurance Company (Bermuda) Ltd., a subsidiary of the international specialist insurer Hiscox Ltd, said Tuesday the Florida Office of Insurance Regulation has agreed to a reduction in its collateral requirements to 20% of loss reserves, from 100% as previously required.
Another 2,000 at risk of being bumped because of budget woes
The Florida Department of Health plans to drop about 350 uninsured HIV/AIDS patients from a federally funded program that pays for all or most of their drugs, because of a budget crisis.
Floridians overwhelmingly elected Marco Rubio, the 39-year-old son of a bartender and Kmart stock clerk, to the U.S. Senate on Tuesday, capping a tumultuous election and historic downfall of Gov. Charlie Crist.
Republican Rick Scott and Democrat Alex Sink were poised to make history late Tuesday in one of the closest, costliest and most politically significant gubernatorial slugfests in the country, with Scott jumping out to a narrow early lead.
Florida’s courts cleared 65,830 foreclosure cases in a three-month period beginning July 1, with 71 percent being decided in quickie hearings before the judge sometimes called “rocket dockets.”
The check is in the mail for thousands of Florida retirees who don’t use direct deposit.
BankAtlantic Bancorp Chairman and CEO Alan Levan took the stand Monday, telling a Miami federal court jury that all of his company’s public disclosures were accurate and calling some of the plaintiffs’ arguments “silly.”
Connecticut Insurance Commissioner Thomas Sullivan resigned under pressure Monday from state and federal regulators and consumer groups.
Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist, and GC Securities, today announced the completion of EUR275 million Class A Principal At-Risk Variable Rate Notes due January 10, 2014 (“Series 2010-1 Notes”) from a newly created 144A catastrophe bond program, Calypso Capital Limited.
You’re invited to attend our complimentary post-election Webinar on November 3, 2010 at 11 a.m. (EDT) entitled “How the 2010 Vote Could Shape Insurance Law in Florida and Beyond.” To register, click here or download the attached invitation (which contains embedded registration hyperlinks).
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