Category: Insurance Regulatory News
Apr 9, 2009
Above: The Florida National Guard is being dispatched to areas of North Florida where rivers continue to rise from heavy rains in the past few weeks. To view a complete story, click on a headline below: Florida’s CAT …
Apr 9, 2009
By DAVID ROYSE THE NEWS SERVICE OF FLORIDA THE CAPITAL, TALLAHASSEE, April 8, 2009……..In a reverse of the usual scenario – where government looks to shed costs by privatizing what it does – the state may be on the verge …
Apr 8, 2009
To view a complete story, click on a headline below: Do something about the CAT Fund now, Florida Taxpayers Union president urges The Florida Hurricane Catastrophe Fund is a catastrophe; the $28 billion exposure associated with the CAT …
Apr 8, 2009
On April 1, 2009, the Florida Office of Insurance Regulation (“OIR”) held a Rule Development Workshop on Proposed Rule 69O-186.003,.005 F.A.C. pertaining to Junior Loan Rates for Title Insurance. To view the meeting notice, click here. The Workshop was held …
Apr 8, 2009
The Florida Office of Insurance Regulation (“OIR”) has received $446,000 as Florida’s share of a multistate $2.3 million settlement agreement with Conseco Senior Health Insurance Company and Bankers Life and Casualty Insurance Company over alleged inappropriate long-term care business practices. …
Apr 7, 2009
By MICHAEL PELTIER NEWS SERVICE OF FLORIDA THE CAPITAL, TALLAHASSEE, April 6, 2009… After giving a little something to everybody, the Senate Banking and Insurance Committee approved a measure Monday that would require managed care insurers to directly bill outside-of-network …
Apr 7, 2009
To view a complete story, click on a headline below: State legislators seek to cushion monetary hurricane risk Legislators are trying to scale back the multibillion-dollar property insurance risk that Florida consumers and taxpayers face if a catastrophic hurricane …
Apr 7, 2009
Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) met on April 3, 2009. To view the meeting agenda, click here. The meeting was called to order by Board Vice Chairman Earl Horton Jr., with the following members in attendance: …
Apr 7, 2009
The Citizens Property Insurance Corporation (“Citizens”) Audit Committee (“Committee”) met on April 2, 2009, during which the Citizens Chief Financial Officer (“CFO”) and Citizens’ Office of the Internal Auditor (“OIA”) provided reports. To view the meeting agenda, click here. Chairman …
Apr 7, 2009
The Citizens Property Insurance Corporation (“Citizens”) Finance and Investment Committee (“Committee”) met on April 2, 2009, during which reports on bond and line of credit financing were given, along with updates on Citizens’ investment portfolio and investment returns. To view …