Category: Insurance Regulatory News
Apr 19, 2008
A Broward judge Friday ordered an investigation into a shelter for troubled foster children after court-appointed guardians for the teens complained the group home was unsanitary, beset by violence and failing to properly document incidents in which children ran away …
Apr 19, 2008
A judge on Friday appointed child advocates to investigate whether a small Lauderhill facility for troubled teenagers is putting boys in danger.
Apr 18, 2008
The National Association of Insurance Commissioners (“NAIC”) Property and Casualty Insurance Committee (“Committee”) has announced the formation of a Catastrophe Reserve Working Group (“Working Group”). Working Group members include: Joseph Fritsch, New York (Working Group Chairman) John Purple, Connecticut Kevin …
Apr 18, 2008
Legislative Meetings Monday, April 21 The Joint Revenue Estimating Impact Conference will hold a meeting on Monday, April 21, 2008 starting at 8:00 a.m. in Room 117 of the Knott Building, The Capitol, Tallahassee, Florida. Insurance-related bills scheduled to be …
Apr 17, 2008
On Tuesday, April 15, 2008 the Florida Cabinet (“Cabinetâ€) met in Tallahassee, Florida and discussed several insurance-related matters as part of its regular agenda. The following is a brief summary of the Cabinet discussions and actions on pertinent matters. To …
Apr 17, 2008
Bradenton Herald–April 17, 2008 One of our local legislators has a sign hanging in his office that reads “Your life, liberty and property are at risk whenever the Legislature is in session.” After my recent trips to Tallahassee and Washington …
Apr 17, 2008
Palm Beach Post–April 17, 2008 By MICHAEL C. BENDERPalm Beach Post Staff Writer TALLAHASSEE — Citizens Property Insurance rates would be frozen for the third consecutive year, and private insurers would have to base premiums on state-approved hurricane predictions under …
Apr 17, 2008
Insurance Journal–April 16, 2008 By Brian Kern As insurers and other interested parties criticized a Florida property insurance bill that passed through the state Senate this week on a 32-7 vote, Florida’s insurance commissioner lauded the action. Sponsored by state …
Apr 17, 2008
Miami Herald–April 17, 2008 BY BEATRICE E. GARCIA The Florida Senate passed a massive insurance bill with some consumer protections but no immediate steps to lower insurance rates. Rates charged by the state-run insurer would remain frozen through June 2009. …
Apr 17, 2008
Insurance News Net–April 16, 2008 WASHINGTON (April 16, 2008) – Simplifying and modernizing the nation’s financial regulatory process within the current regulatory system will lead to better products and costs for insurance consumers, according to the National Association of Mutual …