Commercial insurers in Florida will no longer have to seek prior approval from state regulators before changing some of the rates they charge under a new law that took effect October 1. Earlier this year, Florida lawmakers enacted a law …
New York insurers and insurance agents are applauding lawmakers for giving final approval to a bill that eases regulations on commercial insurance products and rates. The bill exempts insurance policies written for large commercial businesses from most rate and form …
The Florida House Subcommittee on Insurance and Banking has approved a bill that would codify the Florida Workers’ Compensation Joint Underwriting Associations’ current rating plan and create the position of Worker’s Compensation Administrator within the Office of Insurance Regulation. Additionally, …
The Florida Senate and Banking Insurance Committee has approved a bill that would deregulate a variety of commercial lines of insurance by allowing insurers to offer the coverage without first obtaining the Office of Insurance Regulation’s approval for its rates. …
