Florida Insurance

• NIMA Accepts Compromise to Implement NRRA Tax-Sharing Provision

  By Arthur D. Postal, PropertyCasualty360.com  |  May 25, 2012

  The Non-Admitted Insurance Multi-State Agreement has adopted the revenue-sharing agreement of a rival compact in an apparent effort to jumpstart creation of a uniform system to implement a premium-tax-sharing component of the federal surplus-lines reform law.

• 

  FIO Must Have Strong Role Abroad to Ensure Competitiveness for U.S. Insurers

  By Elizabeth Festa, PropertyCasualty360.com  |  May 18, 2012

  Lawmakers and industry and government officials pushed for supervisory harmony and a robust role abroad by the U.S. Federal Insurance Office to increase international competitiveness for the U.S. insurance industry.

• McCarty: Florida at 'Critical Crossroads' on Road to PIP Reform

  By Chad Hemenway, PropertyCasualty360.com  |  February 7, 2012

  Florida Insurance Commissioner Kevin McCarty says that if the Florida legislature does nothing to reform the state’s no-fault, personal injury protection auto insurance system, rates will simply continue to increase and lawmakers could be forced to repeal the law.

• Florida to Feds: We’re Already Damaged by Agent Commissions in MLR

  By Elizabeth Festa, PropertyCasualty360.com  |  January 6, 2012

  The state of Florida continues to carry the banner of agents on the medical-loss ratio issue and has petitioned federal health regulators to review the decision not to exempt Florida from the rule.

• 

  A Look Back at 2011

  By Joan E. Collier, PropertyCasualty360.com  |  November 28, 2011

  As in previous years, our December issue offers a retrospective of the topics we covered over these past 12 months. We provided extensive coverage on property insurance, legislative and regulatory actions, workers' compensation, excess and surplus lines, agency management topics, health care, and many of the ancillary lines of coverage...

• Florida Insurance Commissioner Elected Head of NAIC

  By Staff Writer  |  November 4, 2011

  Insurance Commissioner Kevin McCarty will assume leadership post in January.

• Florida, Georgia Renew Cooperative Catastrophe Contingency Plan

  By Caroline McDonald, PropertyCasualty360.com  |  November 1, 2011

  Florida Insurance Commissioner Kevin McCarty and Georgia Insurance Commissioner Ralph Hudgens say they have renewed a partnership agreement on a contingency plan between their respective states.

• McCarty Approves Rate Hike for Florida’s Work Comp

  By Joan Collier and Elizabeth Festa, PropertyCasualty360.com  |  October 24, 2011

  Workers' compensation rates will increase an average of 8.9 percent overall on Jan. 1, 2012.

• Florida's Citizens Property Insurance Corp. Board Ratifies 2012 Rates

  By Joan E. Collier, PropertyCasualty360.com  |  October 13, 2011

  The new rates on homeowners' and dwelling fire policies take effect on Jan. 1 for new and renewal multi-peril business, and Feb. 1 for new and renewal wind-only business.

• Insurance Commissioner Kevin McCarty Sinks Citizens’ Rate Hike Request

  By Joan E. Collier, PropertyCasualty360.com  |  September 29, 2011

  A 45-day regulatory drama that began with Citizens Property Insurance Corp.’s triple-digit sinkhole rate increase proposal ended with Florida Insurance Commissioner Kevin McCarty’s eleventh-hour denial.