Sep 30, 2009
AM Best published this article on September 30, 2009 By Chad Hemenway, Associate Editor In a joint filing with the Florida Division of Administrative Hearings, the Office of Insurance Regulation and State Farm Florida again moved to push a hearing …
Sep 30, 2009
The State Farm Florida property insurance market withdrawal final hearing has been moved back another 30 days to December 17. The hearing had recently been rescheduled from October to November 17. A.M. Best news coverage on the matter is reprinted …
Sep 30, 2009
The United States House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises recently held a hearing entitled “Recent Innovations in Securitization.” Innovations in the U.S. securities markets, especially those related to life insurance settlements, were examined, as …
Sep 30, 2009
The United States House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises will hold a hearing entitled “Reforming Credit Rating Agencies” on Wednesday, September 30 at 2:00 p.m. To view a live webcast of this hearing, click …
Sep 30, 2009
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Sep 29, 2009
To view a complete story, click on a headline below: Florida Insurance Market Is in for Changes Citizens Property Insurance. Next year, the first rate increase no more than 10% for any customer at state-subsidized Citizens takes …
Sep 29, 2009
An increase in National Flood Insurance Program (“NFIP”) rates, standard deductibles and basic insurance limits will be effective on October 1, 2009. These combined changes are calculated to result in an average premium increase of 8 percent and will apply …
Sep 29, 2009
The St. Petersburg Times published this article on September 29 CFO Alex Sink speaks with urgency about her desire to expand and better train the board that oversees Florida’s pension fund, but the governor and the attorney general running against …
Sep 29, 2009
The Florida Cabinet met in Tallahassee on Tuesday, September 29, 2009, during which agenda items were considered from various State agencies. To view the complete meeting agenda, click here. Below is a summary of corresponding Cabinet actions: Florida Department …
Sep 29, 2009
Rule 69J-166.031 relating to Mediation of Residential Property Insurance Claims implementing Florida law that mandates the creation of a property insurance claim resolution procedure as an alternate to “a potentially expensive and time-consuming adversarial appraisal process prior to litigation” is …