January 20, 2015
Florida’s insurance regulator’s tenure could be coming to an end after more than a decade as the newly re-elected governor looks to shake up his administration by replacing the heads of state agencies. Rumors have been circulating that Insurance Commissioner …
December 7, 2012
Florida regulators are working on a report that is expected to layout the financial status, claims handling and other administrative workings of the state’s 1.4 million policyholder-backed property insurer. Florida Insurance Commissioner Kevin McCarty, in response to an inquiry by …
December 4, 2012
Florida insurance regulators are extending a process that fast tracks approval of insurance company forms. The Office of Insurance Regulation (OIR) says the extension until June 2013 is necessary due to limited resources and a backlog of requests. Insurance Commissioner …
October 18, 2011
Florida regulators have given the go-ahead for an insurer that wants to provide foreign nationals with access to the U.S. health insurance market. Insurance Commissioner Kevin McCarty announced that Best Doctors Limited has been approved to be the first offshore …
September 20, 2011
Florida residents who have sinkhole insurance through the state-backed property insurer will not have to pay a proposed statewide average 447 percent increase. Citizens Property Insurance Corp. customers will also be spared big price hikes for standard coverages under several …
August 8, 2011
A federal judge last week threw out a lawsuit against Florida’s insurance commissioner even though the official had opposed dismissing the case. Commissioner Kevin McCarty argued that keeping the litigation alive would have given him the opportunity to clear his …
February 3, 2011
Florida Insurance Commissioner Kevin McCarty is back in federal court looking to end a legal battle with the Texas-based Dallas National Insurance Co. and its owner Charles David Wood, who claims the commissioner denied his insurer a license to operate …