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Fla. Senate Makes Recommendations on Property Insurance Accountability

Southeast News • March 14, 2008
The Florida Senate Select Committee on Property Insurance Accountability wants to restrict reinsurance costs in rates and strengthen the excess profits law among other things. Co-chaired by Sen. ...

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Subject: RE: RE: A prediction - excess profits

Posted On: March 17, 2008, 7:49 am CDT
Posted By: Ratemaker
Comment:
Florida already has an excess profits law in place for Auto and Work Comp. The current law for auto forces a refund to policyholders if an insurer's 3-year profit exceeds the profit & contingecy factor in the rate filing by more than 5%.

I'm curious what for the recommended "strengthening" would take.
Subject Posted By Posted On
Answers and Comments Actuary
Mar 17, 2008, 11:34 am
RE: RE: A prediction - excess profits Ratemaker
Mar 17, 2008, 7:49 am
RE: RE: They forgot to add an excess losses law Wishful Thinker
Mar 15, 2008, 4:42 am
RE: They forgot to add an excess losses law Lori
Mar 14, 2008, 5:33 pm
state cap insurance rates jake38
Mar 14, 2008, 1:58 pm
RE: A prediction caffiend
Mar 14, 2008, 1:47 pm
A prediction caffiend
Mar 14, 2008, 1:44 pm
RE: RE: Property Insurance Mark
Mar 14, 2008, 1:24 pm
RE: Property Insurance Mark
Mar 14, 2008, 1:20 pm
RE: Hunter Heaven ES
Mar 14, 2008, 1:10 pm
Property Insurance two cents worth
Mar 14, 2008, 12:45 pm
Hunter Heaven Nobody Important
Mar 14, 2008, 12:03 pm
They forgot to add an excess losses law Steve
Mar 14, 2008, 11:20 am
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