Jun 16, 2009
To view a complete story, click on a headline below: State Farm’s Florida Exit Plan Details Delayed Until July 15 A new deadline of July 15 has been set for settling the terms of State Farm’s withdrawal from the Florida …
Jun 16, 2009
On June 3, the RMS U.S. Hurricane Model was not certified by the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) due to a deadlocked vote among the eight Commissioners who were present regarding a meteorological detail that affects compliance …
Jun 16, 2009
Jun 16, 2009
The U.S. House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises will hold a hearing this morning, beginning at 10:00 a.m., to further explore how to improve oversight of the insurance industry in order to protect insurance consumers …
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 …
Jun 15, 2009
The Office of Florida Governor Charlie Crist issued the following press release today, June 15, 2009: Governor Crist Signs Legislature’s Parameters for Historic Gaming Compact with Seminole Tribe of Florida ~ Estimated to provide billions of dollars to support education …
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 …
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 …
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 …
Jun 15, 2009
The Office of Florida Governor Charlie Crist issued the following press release today, June 15, 2009: ~ House Bill 7141 increases access to Florida ports while maintaining strict security standards already in place ~ FORT LAUDERDALE – Governor Charlie Crist …