DFS Rule Hearing

Jun 16, 2009

The Florida Department of Financial Services (“DFS”), Division of Agent and Agency Services has issued a Notice of Proposed Rule regarding the following Rule: 69B-162.011: Suitability and Disclosure in Annuity Contracts-Forms Required The proposed Rule would adopt an Annuity Suitability …

Citizens Claims Committee Meeting Report: June 15

Jun 15, 2009

The Citizens Property Insurance Corporation (“Citizens”) Claims Committee (“Committee”) met via teleconference on Monday, June 15, 2009. In a follow-up to a discussion held during the Committee’s March 31, 2009, meeting, member Lance Malcolm presented an update of the non-catastrophe …

Louisiana Citizens Depopulation Portal Closed

Jun 15, 2009

On Monday, June 15, 2009, the Louisiana Citizens Property Insurance Corporation (“Citizens”) closed its Web site portal used by insurance agents to transfer policies from Citizens to private insurers. In 2007, the Louisiana Legislature created the Insure Louisiana Incentive Program …

Capitol to Courthouse Headliners: Monday, June 15

Jun 15, 2009

To view a complete story, click on a headline below: Citizens raises roof on policies Thousands of homeowners in Volusia and Flagler counties could lose their wind-only home insurance if their roofs are too old or damaged.   Insurance rates …