The Federal Insurance Office, U.S. Department of the Treasury has issued a report on insurance regulation. You may read the entire report as .pdf here or view it at the department of treasury website here.
The 2013 Atlantic hurricane season officially comes to a close at midnight on Saturday,November 30, and Mother Nature has again spared Florida from a major storm. Here at Citizens Property Insurance Corporation, we have been busy taking advantage of that good fortune. Citizens’ overall exposure has dropped 33 percent in
TALLAHASSEE, Fla. – Florida Insurance Commissioner Kevin McCarty today announced a $3.3 million life claim settlement agreement has been reached with two companies (Midland National Life Insurance Company and North American Company for Life and Health Insurance) who are collectively referred to as “Midland.” The settlement agreement with Midland and
TALLAHASSEE, Fla. – Florida Insurance Commissioner Kevin McCarty today announced a $4 million life claim settlement agreement has been reached with two companies (Aviva Life & Annuity Company and Aviva Life & Annuity Company of New York) who are collectively referred to as “Aviva.” The settlement agreement with Aviva and
“Most health insurers in Florida have already voluntarily extended coverage for affected policyholders through 2014. However, for those companies that did not, the Office pledges to work with any company that chooses to continue coverage in accordance with the President’s transitional policy, and to facilitate the continuation of coverage for Floridians.”
At the August 6 Florida Cabinet meeting, four proposed OIR rules were approved for final publication by the Financial Services Commission, including the ACA Premium Impact Notice required by SB1842 and the Medicare Supplement rule containing procedures for updates to trend tables, which deletes the annual trend tables from the