Capitol to Courthouse Headliners: Thursday, July 19

Jul 19, 2007

Click on a headline to read the complete story:   State Farm to drop 50,000 coastal homeowners policies in Fla. TALLAHASSEE, Fla. — State Farm Insurance, Florida’s largest private home insurer, said Thursday it will drop about 50,000 homeowners policies …

NAIC Testifies Before Congress On All-Perils Insurance

Jul 19, 2007

This week, Kansas Insurance Commissioner Sandy Praeger spoke before the U.S. House of Representatives Subcommittee on Housing and Community Opportunity on behalf of the National Association of Insurance Commissioners (“NAIC”).  The text of Ms. Praeger’s presentation may be accessed by clicking …

Chubb Group Ordered to Refund Over $13 Million To Customers

Jul 19, 2007

The Florida Office of Insurance Regulation today released the following news regarding a Consent Order issued to The Chubb Group for the refund of over $13 million in excess profits to its customers. Should you have any questions or comments, please do not hesitate to …

OIR May Not Issue PIP Advisory

Jul 19, 2007

We have recently learned that Florida’s Office of Insurance Regulation (“OIR”) may not issue an advisory memoranda addressing the sunset of Florida’s no-fault law. Although internal discussions are being held on the issue, officials from OIR have stated that they anticipate …

Sun-Sentinel Offers Poll Regarding PIP Sunset

Jul 19, 2007

The news article below recently appeared in the South Florida Sun-Sentinel accompanied by a poll to ask readers “Should Florida do away with its no-fault auto insurance law, which is currently set to expire Oct. 1?” The poll, the structure and …

July 19–Florida Health Insurance Advisory Board To Meet

Jul 19, 2007

The Florida Health Insurance Advisory Board ("Board") has scheduled a public meeting to discuss critical issues for theFlorida health care insurance market. The Board will discuss a myriad of issues including improving health care access, improving health care affordability, and …