Category: Insurance Regulatory News

  The Florida Office of Insurance Regulation (“OIR”) has just released the following:   ————————————————————————   -NEWS FROM THE FLORIDA OFFICE OF INSURANCE REGULATION-   For Immediate Release: Contact:   Ed Domansky OR Tom Zutell850/413-2515   FLORIDA INSURANCE COMMISSIONER MCCARTY APPROVES …

  The Florida Commission on Hurricane Loss Projection Methodology (“Commission”) has released its Report of Activities as of November 1, 2007.  This Report documents the 12th year of the Commission’s work.   We have included a copy of this Report …

  The following information was just released by the Florida Office of Insurance Regulation (“OIR”):   ——————————————————————————   -NEWS FROM THE FLORIDA OFFICE OF INSURANCE REGULATION-   For Immediate Release: Contact:   Ed Domansky OR Tom Zutell                 850/ 413-2515 REPORT SHOWS MIXED …

Click on a headline to read the complete story:   Insurance failures spawn new levy on Florida policies The $500 million tab for cleaning up the biggest insurance company collapse in Florida history is about to get bigger. And that …

On October 29 and 30, 2007, a member of this Firm attended meetings of the Governor’s Action Team on Energy and Climate Change (“Action Team”), which took place in Tallahassee, Florida.  The Action Team discussed the details of Florida’s Energy …

On October 12, 2007, pursuant to § 631.57(3)(a), Florida Statutes, the Florida Insurance Guaranty Association (“FIGA”) Board of Directors certified to the Florida Office of Insurance Regulation (“OIR”)  the need for a 2% assessment upon its member insurers. The OIR …

Florida Today, 10/30/2007 Ins and outs of property-tax cutsTax cuts by county A bitterly divided Legislature voted Monday to put a $12 billion property-tax relief package before voters Jan. 29 in a plan hatched largely behind closed doors only the …

Palm Beach Post, 10/29/2007 State regulators on Monday gave four small insurers permission to make ‘take-out’ offers to 173,000 customers of Citizens Property Insurance beginning Nov. 7. The offers will come as good news for homeowners, who might be able …

The attached documents were sent to National Association of Insurance Commissioners (“NAIC”) Reinsurance Task Force members, commissioner representatives, interested regulators and other interested parties on behalf of Bryan Fuller of the NAIC.  The documents include: Comments for the Port of Entry …

The following information was just released by Florida Chief Financial Officer Alex Sink’s Press Office: ——————————————————- FOR IMMEDIATE RELEASE                                 October 29, 2007                                                                               CONTACT: Tara Klimek or Brannon Jordan (850) 413-2842       MY SAFE FLORIDA HOME PROGRAM INCREASES STANDARDS FOR INSPECTION FIRMS …