Category: Insurance Regulatory News

Pensacola News Journal, 1/1/2008 TALLAHASSEE – Only five new laws took effect today, but ignoring one big legal requirement could get Florida drivers in a lot of trouble. A section of the restored no-fault/personal injury protection insurance law requires drivers …

Palm Beach Post, 1/1/2008 The party’s over. And no, we’re not talking about New Year’s Eve. Mandatory no-fault auto insurance is back today, and the million-plus Florida drivers who’ve been pocketing hundreds of dollars in premium savings since October because …

Orlando Sentinel, 1/1/2008 Florida is the largest workers’ compensation insurance market in the nation dominated by private market insurers, according to a state report released this morning. The annual report to the Florida Legislature on the state of the market …

The Florida Office of Insurance Regulation (“OIR”) has released its annual state of the market report for workers’ compensation insurance to the Florida Legislature.  To view the report, click here, or download the attached file. The OIR’s press release on the report …

By Bill Cotterell FLORIDA CAPITAL BUREAU POLITICAL EDITOR Gov. Charlie Crist has seen the end of an eight-year decline in state employment, but the average salaries of workers in Florida’s government agencies and their rate of pay raises lag behind …

By Mike Vogel – 1/1/2008 Chasing opportunity, several companies last year took 225,000 policies off the hands of Florida’s state-subsidized insurer, Citizens Property Insurance. Meanwhile, Hollywood-based property management company Continental Group launched a self-insurance fund offering property coverage to the …

By BRENDAN FARRINGTON Property taxes didn’t "drop like a rock" during Gov. Charlie Crist’s first year in office, but neither did his approval rating. The Republican weathered a difficult year well, despite making only modest gains on two of the …

    The National Association of Insurance Commissioners (“NAIC”) held its Winter 2007 National Meeting in Houston, Texas during early December. Jennifer Burton, a Certified Public Accountant and member of the Dixon-Hughes Insurance Services Group Audit Team, attended the meeting …

Reminder:  The deadline to Notify Citizens Property Insurance Corporation of Intent to Transfer Credits is December 31, 2007. Citizens Property Insurance Corporation (“Citizens”) has issued a Memorandum to all Assessable Insurers (“Assessable Insurers”) regarding Voluntary Premium Writing Transfers Procedures. To view …

Click on a headline to read the complete story:   PIP requirement back in new year Florida drivers will have personal injury protection coverage added to their policies Jan. 1 as the state returns to a no-fault system after a …