Rep. Dennis Moore, D-Kan, chief House sponsor of the Nonadmitted Reinsurance and Reform Act issued a floor statement in hopes of clarifying the legislative intent of the surplus lines provision in HR4173.
Only July 21, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act—President, a sweeping piece of financial services reform legislation...
Florida CFO Alex Sink today announced that the Division of Agent and Agency Services is now making license identifications available electronically for insurance agents, adjusters and other licensees.
The Florida Office of Insurance Regulation has accepted a notification letter from Universal Casualty Company that as of June 8, 2010, Universal has voluntarily surrendered its Letter of Eligibility as an active surplus lines insurer in the State of Florida.
Governor Charlie Crist approved SB 2176, the commercial deregulation bill, which included Chief Financial Officer Alex Sink's suitability language that was tucked in the bill in the closing hours of the 2010 Legislative Session.
As he hinted he would do, Florida Gov. Charlie Crist has vetoed an omnibus property insurance bill (SB2044) that the industry and even the state's insurance commissioner had urged him to sign. Crist said he vetoed the bill because he believes it would have made it easier for insurance carriers to get rate hikes to cover reinsurance costs up to 10 percent a year.
Florida CFO Alex Sink today reminds Florida homeowners and small business owners to review their insurance policies and make sure they have their financial documents in order at the start of the 2010 Hurricane Season.
The U.S. Senate approved a sweeping Wall Street reform bill Thursday night, capping months of wrangling over the biggest overhaul of financial regulation since the 1930s...
Specialty insurer Ironshore Inc. has entered the personal lines market to underwrite a high value homeowners program for properties valued in excess of $1 million...
SB 2176 deregulates ratemaking for most forms of commercial insurance other than workers' compensation...