Articles in Category: 'Insurance'

By: Kenric Ward | Posted: January 19, 2011 3:55 AM
 
Business groups say the Democrats' "Affordable Care Act" is an oxymoron that will raise costs and lead to both fewer jobs and lower wages.
 
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By: Kenric Ward | Posted: October 21, 2010 4:05 AM
 
After steering a moderate course through the gubernatorial election campaign, would Democrat Alex Sink make a hard left turn as governor?
 
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By: Kenric Ward | Posted: October 12, 2010 4:05 AM
 
On at least six occasions, state Chief Financial Officer Alex Sink approved felons' applications to sell insurance in Florida.
 
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By: Kevin Derby | Posted: May 12, 2010 12:41 AM

Responding to questions from state Chief Financial Officer Alex Sink, Florida Office of Insurance Regulation Commissioner Kevin McCarty offered a presentation to the Cabinet on Tuesday on what his office has done about two financially unstable insurance companies.

 
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Posted: April 14, 2010 12:58 AM

Citizens Property Insurance Corp. has  the money to weather almost any major hurricane to strike the state, the chief financial officer of Florida’s state-run insurance company told the governor and his cabinet.

In a presentation Tuesday, Citizens CFO Sharon Binnun revealed the company is in a better financial position than it has ever been.

Citizens has $14 billion to pay claims in 2010, $11 billion in cash and assets, and $3.9 billion in surplus to stay afloat if a catastrophe occurs.

 
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Posted: April 14, 2010 12:20 AM

A Senate committee voted Tuesday to allow private insurers to raise their residential property insurance rates.

The Senate General Government Appropriations Committee unanimously approved a measure by Sen. Mike Bennett, R-Bradenton, to allow certain insurers to raise residential insurance by as much 10 percent and limit the power of the state Office of Insurance Regulation.

 
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