U.S. Government Accountability Office Evaluates Potential Barriers to Private Flood Insurance Market
Aug 4, 2016
Does the current regulatory environment pose barriers to growing the private flood insurance market? This was the question the U.S. Government Accountability Office (“GAO”) set out to answer in its recent report (GAO-16-611) issued during July 2016 entitled “Potential …
Aug 4, 2016
Universal Insurance Holdings, Inc. Subsidiary American Platinum Property and Casualty Insurance Company to Launch Commercial Residential Program Receives Authorization to Add Fire, Commercial Multi-Peril, and Other Liability Lines of Business in Florida. Wife of Accused Insurance Fraudster Who …
Aug 3, 2016
Public Hearing Set for Proposed Citizens Insurance Rate Hike Rate hike proposals averaging nearly 10 percent next year for South Florida customers of Citizens Property Insurance will be scrutinized in Public Hearings in Tallahassee on August 18. Ron …
Aug 2, 2016
September and October Approved Take-Outs From Citizens Property Insurance Corporation The Florida Office of Insurance Regulation has approved participants in the September and October Citizens Property Insurance Corporation Take-Out Periods, Capital Soup reports. Feds Move to Seize Home …
Aug 1, 2016
Florida’s Most Stolen Vehicle? Guess What Leads the New List If you said the Altima, you’re right that it is the 2015 Model most commonly stolen in Florida and the country as a whole, the Palm Beach Post’s Charles …
Jul 29, 2016
The Louisiana Department of Insurance issued Bulletin No. 2016-05 today, July 29, 2016, to advise that all domestic property and casualty insurers that transact business in terrorism related coverage lines will be examined and the information sought will need …
Jul 29, 2016
In his Division of Insurance Agent and Agency Services (“Division”) newsletter published today, July 29, 2016, Florida Chief Financial Officer and State Fire Marshal Jeff Atwater reminded about the recent transition involving law enforcement units housed within the Florida Department …
Jul 29, 2016
The National Association of Insurance Commissioners’ National Treatment and Coordination Working Group is accepting written comments on a draft of Form A Review Best Practices until August 19, 2016. The proposed Best Practices are ultimately intended to be a …
Jul 29, 2016
Battling Back Against the Use of AOBs in Water-Related Claims Assignments of Benefits are the fastest-moving vehicles for fraudulent activity in Homeowners’ Insurance Claims, Colodny Fass’ Maria Elena Abate writes via Claims Management Magazine. Sea Level Rise Threatens …
Jul 28, 2016
Joint Statement On U.S.-EU Negotiations For A Bilateral Agreement On Insurance And Reinsurance Measures The U.S. Treasury and European Union released the following joint statement today, July 28, 2016: WASHINGTON – The United States and the European Union today released …