Category: Insurance Regulatory News
Feb 13, 2009
National Underwriter–February 13, 2009 NU Online News Service A new report predicting hurricane landfall rates finds slightly decreased chances of a strike on the Florida coastline and a bit less for U.S. Southeast shores as well. The CAT-i report is …
Feb 13, 2009
South Florida Business Journal–February 13, 2009 by Brian Bandell The Florida Office of Financial Regulation has opened an examination into Stanford Group Co., an Antigua- and Barbuda-based financial firm with offices in South Florida. OFR spokeswoman Holly Hinson would not …
Feb 13, 2009
THE NEWS SERVICE OF FLORIDA–February 13, 2009 By KATHLEEN HAUGHNEY THE CAPITAL, TALLAHASSEE…… State Farm, the state’s largest private property insurer, will be allowed to pull out of the Florida property insurance market, the state’s insurance commissioner announced Friday. The …
Feb 13, 2009
To view a complete story, click on a headline below: NEWS SERVICE OF FLORIDA: Insurance Commissioner Approves State Farm Withdrawal with Conditions State Farm, the state’s largest private property insurer, will be allowed to pull out of the …
Feb 13, 2009
After issuing an Order today, February 13, 2009, in which State Farm Florida Insurance Company’s plan to withdraw its property insurance coverage from the Florida market was conditionally approved, Florida Insurance Commissioner Kevin McCarty held a press conference, during which he answered …
Feb 13, 2009
The National Conference of Insurance Legislators (“NCOIL”) will hold its Spring Meeting from February 27 through March 1, 2009 in Washington, DC. The following NCOIL Committees are scheduled to meet: Workers’ Compensation Insurance Committee Report on Challenges to Florida Attorney …
Feb 13, 2009
Insurance-Related Meetings: Week of February 16-20 LEGISLATIVE INTERIM COMMITTEE MEETINGS Tuesday, February 17 House Insurance, Business & Financial Affairs Policy Committee The House Insurance, Business & Financial Affairs Policy Committee will hold a meeting on Tuesday, …
Feb 13, 2009
The Florida Office of Insurance Regulation (“OIR”) announced today, February 13, 2009, that Florida Insurance Commissioner Kevin McCarty has conditionally approved State Farm Florida Insurance Company’s plan to withdraw its property insurance coverage from the Florida market. Commissioner McCarty is scheduled to be …
Feb 12, 2009
Herald Tribune–February 12, 2009 By LLOYD DUNKELBERGER H-T CAPITAL BUREAU TALLAHASSEE – Gov. Charlie Crist used his joint appearance with President Barack Obama on Tuesday in Fort Myers to personally lobby the president for the creation of a national catastrophe …
Feb 12, 2009
Treasure Coast Palm–February 11, 2009 By Jim Turner Congressman Tom Rooney, R-Tequesta, introduced legislation Wednesday that would create a tax-deferred reserve to allow insurance companies to set aside money for future disasters. “It is very clear the current system needs …