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 …
Jun 21, 2016
Pending approval today by its Actuarial and Underwriting Committee, Florida’s Citizens Property Insurance Corporation’s (“Citizens”) Board of Governors (“Board) will be asked to approve a 2017 rate package that reflects the impact of non-weather related water loss claims in …
Jun 20, 2016
The Florida Surplus Lines Service Office (“FSLSO”) will hold its quarterly Member’s Forum on June 23, 2016 at 2 p.m. (EDT). A complimentary 30-minute Webinar, the event is designed to update participants on important information and current events in …