On June 21, 2010, the Florida Office of Insurance Regulation (“OIR”) held a public hearing relating to the proposed reorganization of the Florida Retail Federation Self-Insurers Fund...
Category: Insurance Regulatory News
Florida CFO Alex Sink Publishes Florida Small Business Special Bulletin on Oil Disaster Claims Filing, Hurricane Preparedness
June 22, 2010
Category Archive - News
In a special edition of her consumer e-mail newsletter published June 21, 2010, Florida Chief Financial Officer Alex Sink provided small businesses affected by the BP oil spill with related information on topics such as...
Capitol to Courthouse Headliners: Monday, June 21
June 21, 2010
Category Florida and Insurance News
To view a complete story, click on a headline below: Miami Chinese drywall verdict is in: $2.5 million About two-and-a-half years after a Miami couple first wondered about the strange odor in their home, a...
NAIC Deliberating Insurer Complaint Coding Process
June 21, 2010
Because insurance complaint coding has a significant impact on regulatory focus, as well as the way in which insurance departments and the National Association of Insurance Commissioners (“NAIC”) portray an...
XL Re Becomes First Bermuda Reinsurer Eligible Under Florida’s New Reduced Collateral Requirements
June 21, 2010
XL Re Ltd has become the first Bermuda company approved by the Florida Office of Insurance Regulation to qualify as an “eligible reinsurer” under the State’s lower reinsurance collateral...
India Government Rules IRDA To Oversee Unit-linked Insurance Policies
June 21, 2010
Category Archive - News
The following article was published by Dow Jones Newswires on June 21, 2010: MUMBAI -(Dow Jones)- India’s government has ruled that the country’s insurance regulator, and not the Securities and Exchange Board of...
Florida Insurance Calendar: June 21-25
June 18, 2010
Category Florida and Insurance News
Following is a listing of insurance-related Florida regulatory events for the week of June 21 – 25, 2010: Note: All times are Eastern Time. Additional information is available via hyperlink...
Capitol to Courthouse Headliners: Friday, June 18
June 18, 2010
Category Florida and Insurance News
To view a complete story, click on a headline below: XL Re Takes Advantage of Fla. Reduced Collateral Rule The Florida Office of Insurance Regulation said it has reached an agreement with a second...
Florida’s Workers’ Compensation Administration Trust Fund Rate Set at 0.98 Percent for 2011
June 18, 2010
Category Florida Workers' Compensation
Pursuant to a Florida Department of Financial Services (“DFS”) order issued on June 17, 2010, the assessment rate for the Florida’s Workers’ Compensation Administration Trust Fund has been set...
On June 18, 2010, the federal bank and thrift regulatory agencies announced a series of upcoming public hearings on modernizing the regulations that implement the Community Reinvestment Act (“CRA”). Interested...