Search

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.

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.

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.

IVASS Warns of Counterfeit Road Carrier Liability Insurance Policy

The Italian Insurance Supervisory Authority (IVASS) has issued a notice regarding a counterfeit road carrier liability insurance policy. Consumers are advised to exercise caution and verify insurance details with authorized entities to avoid fraudulent offers.

Insurance Authority Consultation Documents and Draft Rules

The Insurance Authority of Hong Kong has released multiple consultation papers and conclusions on draft rules concerning the insurance industry. These documents cover topics such as risk-based capital regimes, public disclosure, special purpose business, group-wide supervision, and new regulatory regimes for intermediaries. The consultations aim to gather feedback on proposed regulatory changes.

Hong Kong Insurance Authority Publishes Numerous Guidelines

The Hong Kong Insurance Authority has published a comprehensive list of updated and new guidelines covering various aspects of insurance business. These include updated guidelines on authorization, anti-money laundering, cybersecurity, corporate governance, and underwriting, with some effective dates ranging from mid-2024 to early 2026.

Insurance Authority Circulars and Guidelines Introduction

The Insurance Authority has published an introduction to its circulars and guidelines. These documents are intended to remind industry participants of regulatory requirements and assist in understanding regulatory issues.

IVASS Warns of Counterfeit ADAC VERSICHERUNG AG Insurance Policies

The Italian Insurance Supervisory Authority (IVASS) has issued a warning regarding counterfeit surety insurance policies falsely attributed to ADAC VERSICHERUNG AG. The agency advises consumers to verify policy legitimacy and check authorized lists on the IVASS website.