Feb 13, 2009
After issuing an Order today, February 13, 2009, in which State Farm Florida Insurance Company’s plan to withdraw its property insurance coverage from the Florida market was conditionally approved, Florida Insurance Commissioner Kevin McCarty held a press conference, during which he answered …
Feb 13, 2009
The National Conference of Insurance Legislators (“NCOIL”) will hold its Spring Meeting from February 27 through March 1, 2009 in Washington, DC. The following NCOIL Committees are scheduled to meet: Workers’ Compensation Insurance Committee Report on Challenges to Florida Attorney …
Feb 13, 2009
Insurance-Related Meetings: Week of February 16-20 LEGISLATIVE INTERIM COMMITTEE MEETINGS Tuesday, February 17 House Insurance, Business & Financial Affairs Policy Committee The House Insurance, Business & Financial Affairs Policy Committee will hold a meeting on Tuesday, …
Feb 13, 2009
Don Silver from Boardroom Communications has arranged for an FPCA spokesperson to speak to the Miami Herald about the capability of Florida domestic companies to assume State Farm Florida policies and pay claims in the event of a catastrophe. If …
Feb 13, 2009
The Florida Office of Insurance Regulation (“OIR”) announced today, February 13, 2009, that Florida Insurance Commissioner Kevin McCarty has conditionally approved State Farm Florida Insurance Company’s plan to withdraw its property insurance coverage from the Florida market. Commissioner McCarty is scheduled to be …
Feb 12, 2009
Herald Tribune–February 12, 2009 By LLOYD DUNKELBERGER H-T CAPITAL BUREAU TALLAHASSEE – Gov. Charlie Crist used his joint appearance with President Barack Obama on Tuesday in Fort Myers to personally lobby the president for the creation of a national catastrophe …
Feb 12, 2009
Treasure Coast Palm–February 11, 2009 By Jim Turner Congressman Tom Rooney, R-Tequesta, introduced legislation Wednesday that would create a tax-deferred reserve to allow insurance companies to set aside money for future disasters. “It is very clear the current system needs …
Feb 12, 2009
National Underwriter–February 12, 2009 A Florida trade group called yesterday for halt in what it said were efforts to create paranoia and make property owners shift home insurers. The statement came from National Association of Insurance and Financial Advisors-Florida which …
Feb 12, 2009
They face a fuzzy future after the company’s Florida declaration. By David Bauerlein Florida Times-Union–February 12, 2009 State Farm agent Craig Dewhurst describes the mood of his fellow agents by recalling the upheaval of 1992 when Hurricane Andrew slammed South …
Feb 12, 2009
Bradenton Herald–February 12, 2009 By CARL MARIO NUDI BRADENTON – In the future, you may receive a bill for a service fee when Bradenton Police have to direct traffic because you caused a vehicle crash. The City Council on Wednesday …