Florida’s business community decried a 17.1 percent rate increase filing made by the National Council on Compensation Insurance (“NCCI”) today, May 27, 2016. Organizations such as the Florida...
Florida’s Citizens Property Insurance President and CEO Barry Gilway sent the following letter addressing upcoming policy changes that may affect policyholders in a news release today, May 27, 2016: ...
Fitch: Florida Specialist Insurers Largely Untested By Hurricanes The majority of Florida’s homeowner specialist insurers have brief histories, and their ability to manage a large catastrophic hurricane is...
The United States and the European Union (“EU”) released the following joint statement on negotiations for a bilateral agreement on insurance and reinsurance measures today, May 27, 2016: In November 2015,...
Just before the June 1 start of the 2016 Hurricane Season, U.S. Senator Marco Rubio (R-Fla.), chairman of the Subcommittee on Oceans, Atmosphere, Fisheries, and Coast Guard, convened a hearing entitled...
The majority of Florida’s homeowner specialist insurers have brief histories, and their ability to manage a large catastrophic hurricane is uncertain despite recent strong performance, according to a new report...
As Storm Season Approaches, Insurance Keeps Soaking Homeowners After 10 straight storm-free years, hurricane season is almost here. Even without storms, South Florida homeowners have taken a battering — as anyone...
The comment period is open until May 31, 2016 for proposed amendments to Rule 69O-137.001, entitled “Annual and Quarterly Reporting Requirements,” and Rule 69O-138.001 “NAIC Financial...
The Alabama Department of Insurance recently published the information below on new laws enacted in the State of Alabama during its 2016 Regular Legislative Session, which adjourned Sine Die on May 4: Department...
Paper addresses market issues, innovations and regulatory concerns The National Association of Insurance Commissioners (“NAIC”) published a new study today, May 25, 2016, entitled The State of Long-Term...