Category: Insurance Regulatory News

Jacksonville Business Journal–August 8, 2008 by Rachel Witkowski Staff Writer JACKSONVILLE — The Allstate Credit Division is creating about 200 new jobs in the area through 2011 by expanding its specialty products. The Jacksonville-based credit division primarily underwrites gap insurance …

Treasure Coast Palm–August 7, 2008 By Alex Leary / St. Petersburg Times A broad coalition fighting Amendment 5 argued in court papers today that the proposal should be removed from the ballot because the summary is “grossly misleading” and does …

The Florida Office of Insurance Regulation (“OIR”) has implemented iApply, a new online system designed specifically for the OIR Company Admissions Department to handle the receipt of certain insurance company applications.  Following is a list of tasks that can be …

The U.S. Department of Health Centers for Medicare & Medicaid Services (“CMMS”) has posted its first update on mandatory insurer reporting requirements for the Medicare, Medicaid and SCHIP Extension Act of 2007 (“SCHIP”).  The update is reprinted below. To opt-in …

Above:  Ground floor of the China Insurance Group Building.  Founded in 1931, China Insurance Company is a state-owned financial and insurance group founded in 1931 in Shanghai. SPECIAL OLYMPICS & INSURANCE ISSUE:  Please see coverage below.   To view a …

In an August 1, 2008 letter to U.S. Senate Committee on Banking, Housing, and Urban Affairs Chairman Senator Chris Dodd (D-CT), the National Conference of Insurance Legislators (“NCOIL”) criticized Congressional efforts to fast-track legislation that would create a federal Office of …

The Florida Office of Economic & Demographic Research recently held a Self-Insurance Estimating Conference for the State Employees’ Health Insurance Trust Fund (“Trust Fund”). Of note, two coverage changes due to legislation passed during the 2008 Legislative Session are projected …

The National Association of Insurance Commissioners (“NAIC”) Life and Health Actuarial Task Force (“Task Force”) held a conference call to review proposed amendments to the Standard Valuation Law (“SVL”).  The SVL is an NAIC model that establishes minimum requirements for …

  To view a complete story, click on a headline below:   Florida Launches Updated Web Site for Homeowners Insurance Shoppers Florida Gov. Charlie Crist and Insurance Commissioner Kevin McCarty launched the updated www.ShopAndCompareRates.com Web site. The two offices activated …