Category: Insurance Regulatory News

  Following is a listing of insurance-related Florida regulatory events for the week of September 13-17, 2010: All times are Eastern Time.  Additional information is available via hyperlink were noted in bold type.   FLORIDA INSURANCE REGULATORY EVENTS      Monday, September 13 …

  To view a complete story, click on a headline below:   Traffic fatalities drop most in Florida Florida led the nation with 422 fewer traffic fatalities in 2009, according to a report released on Thursday by the U.S. Department …

The following article was published by The News Service of Florida on September 9, 2010: By MICHAEL PELTIER THE NEWS SERVICE OF FLORIDA THE CAPITAL, TALLAHASSEE, Sept. 9, 2010… Palm Beach County is generally associated with Democratic politics, but the …

  The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) held a combined  Annual Membership Meeting and Board of Governors (“Board”) meeting  on September 8, 2010 in Sarasota, Florida.   Among the items approved by the Board included a premium level decrease …

  The Florida Office of Insurance Regulation released its 2009 Accident and Health Markets Gross Annual Premium and Market Report (“Report”) today, September 9, 2010.  The statutory Report includes data from health insurers, prepaid limited health service organizations and health maintenance organizations that are marketing health …

  Chaired by U.S. Senator Ralph Hudgens (R-GA), the National Conference of Insurance Legislators (“NCOIL”) Life Insurance and Financial Planning Committee (“Committee”) held a teleconference on September 8, 2010 to discuss a proposed Model Law that would regulate the disclosure, …

  To view a complete story, click on a headline below:   Florida’s Royal Palm Insurance Gets 15% Homeowners Rate Increase Gainesville, Fla.-based Royal Palm Insurance Company has received approval for an average statewide homeowners insurance rate increase of 15 …

    In advance of a September 13, 2010 National Association of Insurance Commissiners (“NAIC”) teleconference on surplus lines reform implementation, the National Conference of Insurance Legislators (“NCOIL”) urged the use of the proposed Surplus Lines Insurance Multi-State Compliance Contract …

  To view a complete story, click on a headline below:   Citizens Property Insurance Corporation asks to raise rates Florida’s largest insurance company, the state-backed Citizens Property Insurance Corporation, wants to raise rates an average of 10 percent statewide. …

    The Florida Office of Insurance Regulation has scheduled a public hearing today, September 7, 2010, to discuss proposed rate increases filed by Citizens Property Insurance Corporation. The statewide average proposed rate increases vary from 6.1 to 10.9 percent, …