In a news release issued by the Florida Office of Insurance Regulation (“OIR”) today, April 1, 2015, Florida Insurance Commissioner Kevin McCarty reminded Floridians they “have a choice” in...
The Florida Hurricane Catastrophe Fund issued its statutory annual report on probable maximum losses, corresponding financing strategies and potential assessments today, April 1, 2015. To view the report, click here....
To go directly to the section of your choice, click on a hyperlink below. Other hyperlinks to meeting information, bills and news are noted in bold type. Daily Florida Insurance-Related Events Daily Florida...
At the close of the 2015 Spring National Meeting today, March 31, 2015, the National Association of Insurance Commissioners (“NAIC”) adopted a white paper on insurance coverage issues in the “sharing...
Despite the backing of groups such as the Florida Chamber of Commerce, Associated Industries of Florida and the National Federation of Independent Business, SB 1088, a bill relating to Civil Remedies Against Insurers...
Florida regulatory audits to ensure insurer compliance with anti-fraud laws could become less frequent with a proposed change in Rule 69D-2.005, entitled “Compliance and Enforcement” relating to insurance...
To go directly to the section of your choice, click on a hyperlink below. Other hyperlinks to meeting information, bills and news are noted in bold type. Daily Florida Insurance-Related Events Daily Florida...
Given the substantial fine of $10,000 per month that could be levied for non-compliance with newly enacted Act 427, the Louisiana Department of Insurance (“LDI”) issued its second reminder today, March 30,...
A day-long meeting of the Florida Commission on Hurricane Loss Projection Methodology’s Flood Standards Development Committee is scheduled for tomorrow, March 31, 2015 from 9 a.m. to 4 p.m. (ET). A portion...
The National Association of Insurance Commissioners’ Center for Insurance Policy and Research (“CIPR”) published a study on March 24, 2015 entitled “Usage-Based Insurance and Vehicle...