Category: Insurance Regulatory News

Candace Thorson, from the National Conference of Insurance Legislators (“NCOIL”), is requesting “language submissions” for an NCOIL model act on rental vehicle damage waivers.  Ms. Thorson e-mailed the following request to all Property-Casualty Interested Parties earlier today: The NCOIL Property-Casualty …

The Office of Economic & Demographic Research (“EDR”) has released the final results of the Post-Session 2007 Revenue Estimating Impact Conference.  Attached please find these results along with back-up materials. EDR provides independent forecasting capabilities to the Legislature through estimating …

Aug. 13, 2007 Will develop long-term plan for statewide greenhouse gas reductions TALLAHASSEE – Governor Charlie Crist today appointed the Florida Governor’s Action Team on Energy and Climate Change. The team will consist of 21 members appointed by the Governor …

Florida Chief Financial Officer Alex Sink released the following news regarding a new facet of her Web site that provides information regarding the Florida insurance legal landscape subsequent to a projected no-fault/PIP sunset on October 1, 2007. Should you have …

The following information is provided through the courtesy of Rob Esson and Dan Daveline of the National Association of Insurance Commissioners (“NAIC”) to interested parties of the NAIC’s International Solvency & Accounting Working Group: An interim meeting of the International Solvency & …

The National Association of Insurance Commissiners’ “SERFF” (System for Electronic Rate and Form Filing) system is designed to provide a cost-effective method of handling insurance policy rate and form filings between regulators and insurance companies.  SERFF improves the efficiency of …

Click on a headline to read the complete story:   State Farm public hearing put off TALLAHASSEE — Tuesday’s scheduled public hearing on State Farm’s home insurance practices in Florida is now postponed, stymied by regulators’ own zeal.   Use of …

On August 6, 2007, the U.S. Fifth Circuit Court of Appeal in New Orleans issued another very important ruling in favor of the insurance industry by validating the clear intent and meaning of the valued policy law in Louisiana.  The …

The Florida Office of Insurance Regulation has just released the following: For Immediate Release: Contact:  Tom Zutell or Jonathon Kees850/ 413-2515 TALLAHASSEE (08/10/2007) – This week, the Office of Insurance Regulation disapproved Metropolitan Casualty Insurance Company’s and Metropolitan Property & …

The Florida Office of Insurance Regulation has just released the following:   TALLAHASSEE (08/10/2007) – Florida Insurance Commissioner Kevin McCarty has postponed the public hearing to be held on Tuesday, August 14, 2007 regarding recent underwriting decisions made by the …