Category: Insurance Regulatory News
Jul 28, 2008
St. Petersburg Times–July 25, 2008 By Tom Zucco, Times Staff Writer Bruce Douglas steps down Thursday as chairman of Citizens Property Insurance Corp.’s board after reversing the misfortunes of the largest state-backed homeowners insurance company in the United States. His …
Jul 28, 2008
Naples Daily News–July 27, 2008 By LIZ FREEMAN The invitation to bid went out to insurance carriers in Florida but it doesn’t appear they are champing at the bit. That’s in stark contrast to the fanfare given this past spring …
Jul 28, 2008
 To view a complete story, click on a headline below:  Groups Line Up For Senate Insurance Hearing State insurance regulators and industry trade groups are set to testify Tuesday when the Senate Banking Committee holds a hearing on …
Jul 28, 2008
The Florida Commission on Hurricane Loss Projection Methodology will hold a meeting on Monday, July 28, 2008 from 9:00 a.m. through 1:00 p.m. to discuss and receive input on CS/SB 2860, which was passed during the 2008 Legislative Session. There …
Jul 25, 2008
  To view a complete story, click on a headline below:  Florida Installs New Citizens Insurance Board of Governors Chairman Florida Chief Financial Officer Alex Sink announced the appointment of James R. Malone as chairman of the Board …
Jul 25, 2008
The Florida Office of Insurance Regulation released the information below today, July 25, 2008, regarding Florida’s $1.7 million share of a $20 million multi-state settlement agreement among 29 jurisdictions with HealthMarkets Inc., and its affiliated companies, MEGA Life and Health Insurance …
Jul 25, 2008
Above: Jim Malone was newly-appointed as Citizens Property Insurance Corporation Board of Governors Chairman today by Florida CFO Alex Sink.  The Florida Department of Financial Services released the following information today regarding the appointment of Jim Malone as the new Citizens …
Jul 25, 2008
The National Association of Insurance Commissioners (“NAIC”) Reinsurance (E) Task Force (“Task Force”) has concluded the first half of its interim meeting regarding the NAIC’s Reinsurance Regulatory Modernization Proposal (“Proposal”). A Colodny Fass representative attended the open portion of the meeting, at which …
Jul 25, 2008
The Florida Workers Compensation Joint Underwriting Association Investment Committee meeting scheduled to take place on Friday, July 25, 2008 at 10:00 a.m. has been cancelled.
Jul 25, 2008
The Florida Department of Financial Services, Office of Insurance Regulation ("OIR") has issued a Notice of Proposed Rule Hearing regarding the following Rules: 69O-149.205: Indemnity Standard Risk Rates 69O-149.206: Preferred Provider/Exclusive Provider Standard Risk Rates 69O-149.207: Health Maintenance Organization Standard …