Category: Insurance Regulatory News
Apr 20, 2010
The Florida Automobile Joint Underwriting Association’s (“FAJUA”) Board of Governors (“Board”) met in Tampa on April 20, 2010. During the meeting, the Board devoted much debate to the question of whether to offer payment plans to consumers. FAJUA General …
Apr 20, 2010
The following article appeared in the Sarasota Herald-Tribune on April 18, 2010: American Keystone was backed financially by a Sarasota man who had been banned by the insurance industry, but still managed to win a license to sell policies. …
Apr 20, 2010
To view a complete story, click on a headline below: Paige St. John: Regulators take a gamble on discount insurance People’s Trust Insurance CEO Mike Gold uses phone sales to cut costs. Mike Gold’s idea to transform …
Apr 20, 2010
Reports on new statistical tracking tools and other strategies to expedite claims service performance, the identification of inconsistent or fraudulent claims and the enhancement of training for independent adjusters was the focus of Citizens Property Insurance Corporation’s (“Citizens”) Claims Committee …
Apr 19, 2010
To view a complete story, click on a headline below: Florida’s Plant City Plagued by Sinkholes; ‘We Just Sit Here and Watch Them Grow’ Volcanoes and earthquakes get all the attention. But what about sinkholes? Florida …
Apr 19, 2010
The Florida Hurricane Catastrophe Fund released its 2010 proposed rates on April 19, 2010. To view the rates, click on the hyperlinks below: • Mandatory Rates • Rating Regions Approved by Florida’s State Board of Administration on April 13, 2010, …
Apr 19, 2010
Though a national task force of state insurance regulators earlier this month rejected the idea of requiring insurers to account for services provided by unregulated affiliates at actual cost or less, the idea may yet resurface as a “best practice” …
Apr 18, 2010
The 2011 National Hurricane Conference will take place April 18-22, 2011 at the Hyatt Regency Atlanta hotel in Atlanta, Georgia. For registration information, click here. The primary goal of the National Hurricane Conference is to improve hurricane preparedness, response, recovery …
Apr 16, 2010
Above: Newly-elected Republican Matt Gaetz will join his father, Senator Don Gaetz in the Florida Legislature. The election was held this week to replace Ray Sansom’s House District 4 seat. The following information is a summary of events …
Apr 16, 2010
To view a complete story, click on a headline below: Former Florida House Insurance Chairman: Governor Crist’s insurance policies are harming Florida consumers Within the last few days, the Florida Office of Insurance Regulation has announced that …