Category: Insurance Regulatory News

Click on a headline to read the complete story:   Why insurance reform is falling short Seven months after Florida lawmakers expanded the government’s role in the state’s insurance market, rates should be lower and insurers should be willing to …

July 23 A Notice of Development of Rulemaking has been issued by the Florida Department Of Revenue Miscellaneous Tax Division on Rule number 12B-8.003 entitled Tax Statement; OverpaymentsThe purpose of the proposed amendments to Rule 12B-8.003, F.A.C. (Tax Statement; Overpayments), …

A Notice of Development of Rulemaking has been issued by the Florida Department Of Financial Services on behalf of the Florida Office of Insurance Regulation for Rule number 69O-138.001, entitled NAIC Financial Condition Examiners Handbook AdoptedThe purpose of the Rule …

On Thursday, July 19, 2007, this office attended the Florida Health Insurance Advisory Board (“Board”) Meeting in Tallahassee, Florida.  The Board was created by the Florida Legislature to advise the Governor, Legislature, Office of Insurance Regulation (“OIR”), Agency for Health …

Click on a headline to read the complete story:   Home insurers ask to raise rates Despite lawmakers’ efforts to alleviate the state’s insurance crisis, few homeowners have seen much real relief. A bill passed in January required insurers to …

The Florida Office of Insurance Regulation today released the following announcement regarding its decision on Florida Farm Bureau’s July 10, 2007 request for a rate increase.  To read the proceedings from the July 10 Hearing, click here. Should you have any …

Click on a headline to read the complete story:   State Farm to drop 50,000 coastal homeowners policies in Fla. TALLAHASSEE, Fla. — State Farm Insurance, Florida’s largest private home insurer, said Thursday it will drop about 50,000 homeowners policies …

This week, Kansas Insurance Commissioner Sandy Praeger spoke before the U.S. House of Representatives Subcommittee on Housing and Community Opportunity on behalf of the National Association of Insurance Commissioners (“NAIC”).  The text of Ms. Praeger’s presentation may be accessed by clicking …

The Florida Office of Insurance Regulation today released the following news regarding a Consent Order issued to The Chubb Group for the refund of over $13 million in excess profits to its customers. Should you have any questions or comments, please do not hesitate to …

The Florida Health Insurance Advisory Board ("Board") has scheduled a public meeting to discuss critical issues for theFlorida health care insurance market. The Board will discuss a myriad of issues including improving health care access, improving health care affordability, and …