Bank of England Consultation on Modernising Liquidity Policy Framework
The Bank of England's Prudential Regulation Authority has issued a consultation paper (CP5/26) proposing to modernise the liquidity policy framework for banks and building societies. The consultation seeks feedback on proposed changes to liquidity requirements and risk management.
One Alliance North America Insurance Consent Order
The Florida Office of Insurance Regulation has issued a Consent Order with One Alliance North America Insurance Company regarding its proposal to assume personal lines policies from Citizens Property Insurance Corporation. The order outlines conditions for the assumption of up to 10,000 policies.
Manatee Insurance Exchange Consent Order Assumes Citizens Policies
The Florida Office of Insurance Regulation has issued a Consent Order allowing Manatee Insurance Exchange to assume up to 100,000 personal lines policies from Citizens Property Insurance Corporation. This action is part of Florida's initiative to depopulate Citizens.
Slide Insurance Company Consent Order - Citizens Policies
The Florida Office of Insurance Regulation has issued a Consent Order with Slide Insurance Company regarding its proposal to assume selected personal lines policies from Citizens Property Insurance Corporation. The order outlines conditions for the assumption of up to 30,000 policies, effective in June and August 2026.
Southern Oak Insurance Company Consent Order for Policy Assumption
The Florida Office of Insurance Regulation has issued a consent order approving Southern Oak Insurance Company's proposal to assume up to 50,000 personal lines policies from Citizens Property Insurance Corporation. The order outlines conditions for the policy assumption, including comparable coverage requirements and limitations on premium increases for policyholders.
Sypher Insurance Exchange Consent Order for Florida Domestic Reciprocal Insurer
The Florida Office of Insurance Regulation has issued a Consent Order regarding Sypher Insurance Exchange's application to form a domestic reciprocal insurer. The order outlines conditions for the issuance of a Permit and Certificate of Authority, including requirements for background checks and corrective actions.