Category: Insurance Regulatory News
Jun 5, 2012
The Florida Surplus Lines Service Office (“FSLSO”) issued a Bulletin today, June 5, 2012, advising all Florida surplus lines agents and Independently Procured Coverage filers that they will no longer be required to report non-U.S. premium allocations on multi-state …
Jun 5, 2012
The following article was published in the South Florida Sun Sentinel on June 5, 2012: Lawmakers back plans to cut Citizens by The News Service of Florida www.sun-sentinel.com Days after industry representatives called for higher premiums and other changes to …
Jun 5, 2012
To go directly to the section of your choice, click on a hyperlink below. Other hyperlinks to meeting information, bills and news are noted in bold type. Daily Florida Insurance-Related Events Daily Insurance-Related News Daily Florida Insurance-Related Events …
Jun 5, 2012
The following article was published in the Lakeland Ledger on June 5, 2012: Twenty-five state lawmakers back move for higher Citizens rates By Lloyd Dunkelberger www.theledger.com Twenty-five Republican state lawmakers issued a letter today saying they support efforts by Citizens …
Jun 5, 2012
The following article was posted to insurancenewsnet.com on June 5, 2012: Storm of Money: Hurricanes, Insurance and the Secret Black Boxes By Tony Bartelme Some things are certain: As the earth spins, air moves swiftly around the equator, creating the …
Jun 5, 2012
The following article was published in the Fort Myers News-Press on June 5, 2012: $80 million more added to Chinese drywall settlement By Mary Wozniak www.news-press.com An $80 million settlement between thousands of homeowners and the builders, suppliers and installers …
Jun 5, 2012
9:30 a.m.–Florida Division of Insurance Agents and Agency Services Proposed Rule Hearing. Proposed amendments to Rule 69B-211.004, F.A.C. wouldupdate statutory references in the definition section and revise several definitions. Further, the amendments would clarify the renewal fees and filing deadlines …
Jun 4, 2012
The Florida Office of Insurance Regulation (“OIR”) reported today, June 4, 2012, that Florida was one of the lead states in a settlement agreement between American International Group, Inc. (“AIG”) and its affiliates relating to AIG’s misreporting $2.12 billion …
Jun 4, 2012
The Florida Hurricane Catastrophe Fund (“FHCF”) has published its Annual Report for Fiscal Year 2010-2011, which provides data on the FHCF’s financial status and operational activities for the year ending June 30, 2011. To view the Report, click here. …
Jun 4, 2012
The Florida Workers’ Compensation Joint Underwriting Association Rates and Forms Committee, as well as its Operations Committee, met last week. The following are summaries of each meeting: Florida Workers’ Compensation Joint Underwriting Association Rates and Forms Committee Approves …