Category: Insurance Regulatory News
Oct 8, 2009
The Insurance Journal published this article on October 8, 2009 By Stephanie K. Jones October 8, 2009 The National Association of Professional Allstate Agents (NAPAA) has published and is distributing a petition to the Internal Revenue Service, written by an …
Oct 8, 2009
MyNewMarkets.com published this article on October 9, 2009 By Chris Boggs, Editor October 7, 2009 Statutes and even associational declarations differ on the valuation method required when placing insurance coverage on the association’s property. Actual cash value (ACV), replacement cost …
Oct 8, 2009
The Miami Herald published this aticle on October 8, 2009 Former Miami Mayor Maurice Ferre announced that he’s running for the U.S. Senate, though he’ll have to catch up to candidates who have already raised millions of dollars. By BETH …
Oct 8, 2009
The Miami Herald published this story on October 8, 2009 BY BEATRICE E. GARCIA AND NIRVI SHAH bgarcia@MiamiHerald.com Homeowners living in houses with suspect Chinese drywall are already in a bind: Their air conditioners stop working, a rotten-egg smell permeates …
Oct 8, 2009
The Miami Herald published this article on October 8, 2009. BY MARY ELLEN KLAS Herald/Times Tallahassee Bureau A day after Florida Power & Light losts its bid to build a ratepayer-financed natural gas pipeline, utility analysts Wednesday said Florida has …
Oct 8, 2009
The Florida Department of Financial Services, Office of Insurance Regulation (“OIR”) has issued a Notice of Rulemaking Development regarding proposed changes to the following Rule relating to insurer financial report audit requirements: 69O-137.002: Annual Audited Financial Reports Amendments to the …
Oct 7, 2009
Various Florida media outlets have reported that Nationwide Insurance Company of Florida plans to drop 60,000 Florida homeowners policies beginning in July 2010. The stories are reprinted below. Should you have any questions or comments, please contact Colodny Fass. …
Oct 7, 2009
The Lakeland Ledger published this article on October 6. Some insurance companies could go out of business if a major hurricane hits Florida, the state’s insurance commissioner told a Senate panel Tuesday. But after more than an hour grilling by …
Oct 7, 2009
The Herald Tribune published this article on October 7, 2009. Nearly a year after learning that tainted Chinese drywall was corroding wires and pipes, pushing down property values and possibly creating health problems for Floridians, legislators are gearing up to …
Oct 7, 2009
The Insurance Journal published this article on October 6, 2009 Insurance company rating firm Demotech, Inc. said it has affirmed the Financial Stability Ratings of A, Exceptional, assigned to Tower Hill Prime Insurance Co., Tower Hill Preferred Insurance Co., Tower …