Category: Insurance Regulatory News
Oct 31, 2008
Florida Chief Financial Officer (“CFO”) Alex Sink today, October 31, 2008, appointed Tallahassee attorney Sean Shaw as Florida’s Insurance Consumer Advocate, effective November 17, 2008. Mr. Shaw will replace General Bob Milligan, who previously served as the Insurance Consumer Advocate. …
Oct 31, 2008
Insurance-Related Meetings: Month of November, 2008 Week of November 3-7 Monday, November 3 OIR Advisory Council Meeting The Florida Office of Insurance Regulation (“OIR”) Advisory Council will hold a meeting on Monday, November 3, starting at 1:00 p.m. at OIR …
Oct 31, 2008
Maria Elena Abate was elected chair-woman of the Florida Bar’s Public Interest Law Section.
Oct 30, 2008
On Wednesday, October 29, 2008, the Florida Office of Insurance Regulation (“OIR”) held a public hearing regarding on the following proposed Rules that would administer the Viatical Settlement Act as provided by law: 69O-204.010: Purpose and Scope69O-204.020: Definitions69O-204.030: Forms Incorporated …
Oct 30, 2008
Insurance Journal–October 30, 2008 A.M. Best Co. says based on the credit market contraction and the uncertainty regarding the Florida Hurricane Catastrophe Fund’s ability to fund its claims-paying capacity, it placed several insurers’ ratings under review with negative implications. The …
Oct 30, 2008
To view a complete story, click on a headline below: Citizens’ hurricane mitigation discounts help condo associations Condominium and homeowners associations that have added storm shutters, reinforced doors or roofs and put in impact-resistant glass to make their …
Oct 30, 2008
The Florida Senate has issued the following economic development-related Interim Project Reports and Issue Briefs: Committee on Commerce Review of OTTED’s Oversight of the Innovation Incentive Grant Program This report examines the background and current status of …
Oct 30, 2008
Following is a recap of National Association of Insurance Commissioners (“NAIC”) life and health insurance-related meetings held during the month of October. Medicare Part D Updates The Health Risk-Based Capital Working Group has approved sponsorship of the Medicare Part …
Oct 29, 2008
Florida Office of Insurance Regulation–October 29, 2008 TALLAHASSEE, Fla. – Florida Insurance Commissioner Kevin McCarty Tuesday issued a final order approving the National Council on Compensation Insurance’s (NCCI) amended rate filing for workers’ compensation insurance rates that will become …
Oct 29, 2008
Disbarred lawyer will spend a year in prison for stealing insurance funds CFO Sink–October 29, 2008 PEMBROKE PINES – Florida Chief Financial Officer Alex Sink announced today that a South Florida attorney has been disbarred and has been ordered to …