Jul 29, 2009
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 …
Jul 29, 2009
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 …
Jul 29, 2009
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 …
Jul 29, 2009
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 …
Jul 29, 2009
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 …
Jul 29, 2009
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 …
Jul 29, 2009
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.
Jul 28, 2009
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. …
Jul 28, 2009
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 …
Jul 28, 2009
The United States Senate Committee on Commerce, Science and Transportation held a hearing entitled “Weathering the Storm: The Need for a National Hurricane Initiative,” on Tuesday, July 28, in Washington, D.C. The Hearing was designed to highlight and provide a …