To view a complete story, click on a headline below:   Blog:  Sink wants McCarty to clarify ‘this whole $4 billion issue’ CFO Alex Sink wants Insurance Commissioner Kevin McCarty to better explain his recent claims that 40 new …

The National Association of Insurance Commissioners (“NAIC”) Catastrophe Subgroup (“Subgroup”) of the Casualty Actuarial and Statistical (C) Task Force (“Task Force”) held a conference call meeting on July 28, 2009 during which it reviewed draft documents designed to revise certain …

Florida Chief Financial Officer Alex Sink announced the conviction of Robert McDonald, owner and operator of Gulfstream Roofing, Inc. in Delray Beach, on charges of workers’ compensation premium fraud today, July 29, 2009.  His initial arrest in November 2008 came …

The United States House Financial Services Committee issued the following press release today, July 29, 2009: Bill would rein in compensation practices that led to excessive risk-taking; House consideration is expected on Friday Washington, DC – Today, the Financial Services Committee …

State Farm Florida’s recent rate filing was the subject of a Florida Today editorial published today, July 29, 2009. The editorial is reprinted below. Should you have any questions or comments, please contact Colodny Fass.   Our views: Block the …

The National Conference of Insurance Legislators (“NCOIL”) issued a summary of actions taken during its 2009 Summer Meeting, which was held from July 9-12, 2009, in Philadelphia.  The NCOIL Summer Meeting Report is reprinted below.  For more information on specific …

The Florida Cabinet held a regularly scheduled meeting on July 28, 2009, during which the following insurance-related matters on the agenda were reviewed and acted upon:   Florida Office of Insurance Regulation (“OIR”) Florida Insurance Commissioner Kevin McCarty presented the …

The Florida Surplus Lines Service Office (“FSLSO”) Board of Governors will meet on Wednesday, July 29, at 1:00 p.m., Boca Raton Resort and Club, 501 East Camino Real, Boca Raton.

The Florida Commission on Hurricane Loss Projection Methodology (“FCHLPM”) met on Thursday, July 23 and Friday, July 24 in Tallahassee.  Below is a summary of items discussed during the two-day meeting.  To view the complete meeting agenda, click here.   …

  To view a complete story, click on a headline below:   Homeowners’ premiums may rise if State Farm cuts discounts Some State Farm Florida Insurance policyholders could be paying as much as 45 percent more for their homeowners or …