Jun 28, 2016
Florida’s Citizens Property Insurance Corporation (“Citizens”) advised that it is reinstating the performance standards and disciplinary process for binding violations that are issued on new-business applications submitted on or after July 1, 2016. In accordance with Citizens’ Agent Appointment Agreement, …
Jun 28, 2016
Florida Department of Health Confirms First Zika-Related Case of Microcephaly in Florida Today, the Florida Department of Health announced the first confirmed case of microcephaly in an infant born in Florida whose mother had a travel-related case of Zika. …
Jun 27, 2016
Three Ohio regulations relating to property and casualty insurance are among those open for comment until July 12, 2016 as part of a five-year regulatory review, the Ohio Department of Insurance reminded today, June 27, 2016. Click …
Jun 27, 2016
All’s fair? Lawyer Changes Sides after $5M Citizens Contract Payout A West Palm Beach lawyer whose firm collected about $5 million in a controversial role as “Coach in the Press Box” for other attorneys at Citizens Property Insurance Corp. …
Jun 25, 2016
On May 3, 2016, the Federal Reserve Board proposed a rule to support U.S. financial stability by enhancing the resolvability of very large and complex financial firms. The proposal would require U.S. global systemically important banking institutions (GSIBs) and …
Jun 24, 2016
Scott Will Not Endorse Rubio After Senator Marco Rubio announced his intention to run for re-election, Florida Governor Rick Scott says he will not be endorsing the Senator, WTXL-TV reports. Former GOP Rivals Back Rubio Even As Rick Scott …
Jun 23, 2016
Florida’s Citizens Property Insurance Signs Off on Possible Rate Hikes Pointing to a “Crisis” in costly water-damage claims, the Citizens Property Insurance Board of Governors on Wednesday unanimously approved a proposed 6.8 percent statewide rate increase. THE NEWS SERVICE …
Jun 22, 2016
At its meeting yesterday, June 21, 2016, the Financial Stability Oversight Council (“FSOC” or “Council”) unanimously approved its 2016 annual report, which was developed collaboratively by the FSOC members, their agencies and staff members. The FSOC reports annually to …
Jun 22, 2016
At a meeting in Maitland Florida today, June 22, 2016, Citizens Property Insurance Corporation’s (“Citizens”) Board of Governors (“Board”) approved recommended rates for 2017, describing them as ” . . . responsive to rising non-weather water losses and assignment …
Jun 22, 2016
Florida’s Citizens Property Insurance Expects More Customers in 2017 After years of losing customers, state-run Citizens Property Insurance expects to gain them in 2017, its top executive said Tuesday. Charles Elmore reports for the Palm Beach Post. Integro …
