Category: Insurance Regulatory News

The following press release was just issued 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                           FLORIDA CIRCUIT …

The following press release was just issued by Florida Chief Financial Officer Alex Sink’s (“CFO”) Press Office: ————————————-   Press Release: 10/11/2007 CFO SINK ON GOVERNOR’S SIGNING OF NO-FAULT REFORM LEGISLATION CONTACT:  Tara Klimek (850) 413-2842       TALLAHASSEE – Today, Governor Charlie …

LMIRL, a cryptic phrase that may not mean anything to a parent, can be the most dangerous set of letters to children surfing the Internet alone, said state Attorney General Bill McCollum.

On October 10, 2007, the Finance and Audit Committee (“Committee”) of the Florida Insurance Guaranty Association, Inc. (“FIGA”) met in Tallahassee, Florida to discuss the finance operations, audit operations and items that will be brought before FIGA’s Board of Directors (“Board”) …

The Florida Office of Insurance Regulation (“OIR”) has cancelled the public rate hearings scheduled for American Southern Home Insurance Company on October 11, 2007; St. John’s Insurance Company, Inc. on November 1, 2007; and State Farm Florida Insurance Company, State …

Please be advised of the following upcoming meetings: Florida Workers Compensation Joint Underwriting Association (“FWCJUA”) October 15, 2007 at 10 a.m. via teleconference Florida Hurricane Catastrophe Fund (“FHCF”) October 16, 2007 at 1 p.m. in Tallahassee, Florida (dial-in option available) …

Click on a headline to read the complete story:   Sink wants Cabinet, not lawmakers, to decide CAT fund rates TALLAHASSEE, Fla. — Chief Financial Officer Alex Sink wants lawmakers to turn over some control of the state’s backup hurricane …

Citizens Property Insurance Corporation (“Citizens”) has released its 2008 Calendar for Depopulations.  As in the past, specific deadlines exist in order for a carrier to participate in a Citizens take-out.  These deadlines are based upon the ultimate assumption date proposed …

  On Tuesday, October 9, 2007, the Office of Insurance Regulation (“OIR”) held a rate hearing in Tallahassee, Florida, for Companion Property and Casualty Insurance Company, Inc. (“Companion”).  Mike Milnes, OIR Deputy Director of Property and Casualty Product Development, presided …

We previously provided information pertaining to Chief Financial Officer Alex Sink’s (“CFO”) press conference earlier today, regarding her Florida Hurricane Catastrophe Fund (“FHCF”) Reform Proposal. For your review, included with this e-mail is a copy of the specific terms of that Proposal.   …