Category: Insurance Regulatory News
Mar 20, 2008
In conjunction with the March 11, 2008 Order issued by the Florida Office of Insurance Regulation (“OIR”) concerning the Citizens Property Insurance Corporation(“Citizens”) depopulation program, Citizens has released a revised Assumption Calendar for the remainder of 2008. To view a copy of …
Mar 20, 2008
Sun-Herald–Mar. 20, 2008 OUR POSITION: Free markets and a capitalist system are gradually bringing insurance rates back into line. Our state legislature needs to take advantage of this favorable period to dramatically reduce the taxpayers’ $485 billion insurance exposure. After …
Mar 20, 2008
Tampa Bay Observer–Mar. 19, 2008By Dan Fearson of Highlands Today AVON PARK — A Bowling Green man, who worked as a life insurance agent in Avon Park, was arrested Tuesday for fraudulently buying 36 life insurance policies reportedly to collect …
Mar 20, 2008
Insurance Journal–Mar. 20, 2008 A Miami-Dade County man pleaded guilty to involvement in a staged accident ring, according to Florida Chief Financial Officer Alex Sink. Wilfred Cyriaque, 57, was sentenced to 54 months in prison, followed by five years of …
Mar 20, 2008
South Florida Sun-Sentinel–Mar. 20, 2008 By Gary Landry The uncertain economy is yielding a deep concern over the state’s ability to raise the full $28 billion that legislators obligated the state’s catastrophe fund to come up with when a major …
Mar 20, 2008
Palm Beach Post–Mar. 20, 2008By RANDY DIAMONDPalm Beach Post Staff Writer The state said Wednesday it will seek to revoke or suspend the license of a life insurance company it accuses of denying or limiting coverage to international travelers. AIG …
Mar 20, 2008
Legislative Meetings The Florida House Insurance Committee will hold a hearing on Monday, March 24, 2008 from 1-6 p.m. in Morris Hall, The Capitol, Tallahassee, Florida. A representative from the Florida Office of Insurance Regulation is scheduled to testify regarding …
Mar 20, 2008
To view a complete story, click on a headline below: State targets insurer over travel-related rejections The state said Wednesday it will seek to revoke or suspend the license of a life insurance company it accuses of denying or limiting …
Mar 20, 2008
U.S. Representative Ron Klein (D-FL) will provide a legislative update on the status of his national catastrophe insurance bill on Thursday, March 20, 2008 in Tallahassee. Klein’s legislation, the Homeowners’ Defense Act of 2007, passed the House of Representatives on …
Mar 20, 2008
Notice of Meeting/Workshop Hearing DEPARTMENT OF FINANCIAL SERVICESOIR – Insurance RegulationThe Financial Services Commission, Office of Insurance Regulation announces a hearing to which all persons are invited.DATE AND TIME: March 20, 2008, 9:30 a.m.PLACE: 116 Larson Building, 200 East Gaines …