Category: Insurance Regulatory News

State Farm agreed to refund $120 million to policyholders who weren’t given the correct discounts for strengthening their homes against hurricanes. BY BEATRICE E. GARCIAMiami Herald–September 10, 2008 Money back from your insurer? That’s something Florida homeowners rarely see. But …

To view a complete story, click on a headline below: State Farm is refunding $120 million State Farm agreed to refund $120 million to policyholders who weren’t given the correct discounts for strengthening their homes against hurricanes. Money back from …

The Florida Department of Financial Services (“DFS”), Division of Workers’ Compensation held a Rule Development Hearing on September 9, 2008 to discuss Rule 69L-7.020: Florida Workers’ Compensation Health Care Provider Reimbursement Manual. To view a copy of the meeting Notice, …

On Tuesday, September 09, 2008, the National Association of Insurance Commissioners (“NAIC”) held a Reinsurance Task Force (“Task Force”) meeting to discuss revisions made to the Reinsurance Regulatory Modernization Framework draft proposal (“Proposal”). To view the August 20 draft proposal …

> NAIC Health Insurance and Managed Care Committee On Wednesday, September 10, the National Association of Insurance Commissioners will hold a Health Insurance and Managed Care Committee meeting at 11:00 a.m. via teleconference. Meeting materials include: August 6 revision of …

The Florida Office of Insurance Regulation (“OIR”) today (September 9, 2008) ordered State Farm Florida to issue refunds or credits to past and current policyholders who did not apply for, or who did not receive the Windstorm Loss Reduction Rating Plan …

To view a complete story, click on a headline below: New House speaker announces key leadership positions Florida’s next House speaker announced key leadership positions today. Ike prompts insurers to halt policy writing Some Florida insurance companies have stopped writing …

Guest Column By SEN. DON GAETZ     For the past two years, taxpayers have grumbled, for good reason, that the market value of real estate has been going down but real estate taxes keep going up. Officials have responded that …

Florida Insurance Commissioner Kevin McCarty today, September 9, 2008, announced the appointment of six additional members to the new Developmental Disabilities Compact Consumer Advisory Workgroup. The primary Developmental Disabilities Compact Consumer Advisory Workgroup members are: Jeanne Boggs, Parent Robin Bokilo, …