Category: Insurance Regulatory News

The Tampa Tribune–July 24, 2008 By RUSSELL RAY TAMPA – After 24 years with State Farm, Brenda Harding is being dropped by the company she’s come to trust like an old friend. "They’ve always been there for me, like the …

St. Petersburg Times–July 23, 2008By Tom Zucco, Times Staff Writer When State Farm denied the sinkhole claim on Dave Bowers’ Port Richey home two years ago, he decided that venting to his friends just wasn’t enough. He had to take …

OUR OPINION: STATE REGULATORS MUST CONSIDER ALL RELEVANT FACTORS Miami Herald–July 24, 2008 There is a silver lining in State Farm Florida Insurance Co.’s request to hike windstorm policy rates by as much as 70 percent in some areas: The …

National Underwriter–July 24, 2008 Daytona Beach, Fla., insurance broker Brown & Brown Inc. has declared a regular quarterly cash dividend of 7 cents a share payable on Aug. 20 to shareholders of record as of Aug. 6. The broker reported …

When balcony and patio items are destroyed, who pays? BY JOE KOLLIN South Florida Sun-Sentinel–July 24, 2008 A controversy that has divided South Florida condo boards, unit owners, insurance companies and the state since the hurricanes of 2004 and 2005 …

The National Association of Insurance Commissioners (“NAIC”) today, July 24, 2008, released testimony from four members given before the Oversight and Investigations Subcommittee of the U.S. House Committee on Energy and Commerce at a hearing titled, “Long-Term Care Insurance: Are …

  To view a complete story, click on a headline below:   Insurance Rate Increase Divides Florida Lawmakers After 24 years with State Farm, Brenda Harding is being dropped by the company she’s come to trust like an old friend. …

The National Association of Insurance Commissioners (“NAIC”) has scheduled a joint interim meeting of its Financial Condition (E) Committee and International Solvency and Accounting (E) Working Group on September 3 and 4, 2008 at the Chicago O’Hare Airport Hilton in …

The National Association of Insurance Commissioners (“NAIC”) has issued a mandate requiring all insurers doing business in the State of Massachusetts to submit rate and form filings electronically via SERFF as of January 1, 2009. Insurers required to pay filing …