Category: Auto Insurance

This news release was published by the RANS Corporation on February 15, 2010. No-fault automobile insurance, once seen as a way to limit court costs and lower premiums, has declined in popularity among both insurers and consumers because it largely …

  The Florida Automobile Joint Underwriting Association’s (“FAJUA”) Board of Governors (“Board”) met in Tampa on April 20, 2010.    During the meeting, the Board devoted much debate to the question of whether to offer payment plans to consumers.  FAJUA General …

During its 2009 National Meeting, the National Conference of Insurance Legislators’ (“NCOIL”) Property-Casualty Committee adopted the draft “Model Act Regarding Auto Airbag Fraud,” which is legislation designed to protect consumers by establishing a comprehensive set of anti-fraud policy options. To …

The Florida Department of Highway Safety and Motor Vehicles, Division of Driver Licenses (“Division”) has issued an advisory to Florida property and casualty insurers regarding an identified glitch relating to the electronic addition of vehicles to insurance policies that do …

In an informational memorandum issued this week, the Florida Department of Highway Safety and Motor Vehicles (“DHSMV”) advised all fire and property and casualty insurance companies licensed to issue motor vehicle policies in Florida that new Florida driver license laws …

The Florida Automobile Joint Underwriting Association (“FAJUA”) Board of Governors (“Board”) met in Tampa on September 15, 2009. Chairman Brian Fleming opened the meeting by introducing the newest FAJUA Board Member, John Tomlin from AAA Auto Club South, who was …

  The Florida Automobile Joint Underwriting Association Board (“FAJUA”) of Governors (“Board”) met on Tuesday, April 14, 2009, in Miami.  Chairman Michael Puchades opened the meeting with an introduction of new member Stephen Hylka, of Liberty Mutual. General Manager’s Report …

The Florida Automobile Joint Underwriting Association (“FAJUA”) held its Annual Meeting in Miami on Tuesday, April 14, 2009. There were 138 members present, either in person or by proxy, thus establishing a quorum. FAJUA General Manager Eugenia Tyus presented a …

The Florida Automobile Joint Underwriting Association (“FAJUA”) Finance Committee (“Committee”) met in Miami on Monday, April 13, 2009. Report on Investments Committee Chairman Kevin Leeman reported that Florida’s Special Purpose Investment Account (“SPIA”), a highly liquid, government-pooled account in which …

At an October, 2008 Insurance Industry Committee on Motor Vehicle Administration (“IICMVA”) meeting, it was confirmed by the Florida Department of Highway Safety and Motor Vehicles (“FDHSMV”) that all property and casualty and fire companies authorized to issue motor vehicle insurance policies …