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National Association of Insurance Commissioners

Report: Kevin McCarty in the running for NAIC top post

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Outgoing Florida Insurance Commissioner Kevin McCarty “is vying to become the next head” of the National Association of Insurance Commissioners, according to a Wednesday news report. SNL Financial, relying on unidentified sources, reported on its website that McCarty “spent recent weeks discussing his potential candidacy with several other insurance commissioners … and is now confident that he has enough support for a serious run at leading the NAIC.” The organization, of which McCarty was once president, “is the U.S. standard-setting and regulatory support organization created…

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Personnel note: Monte Stevens moves to private sector, joins Southern Strategy Group

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With more than a decade of public service experience, insurance regulation expert Monte Stevens is now moving to the private sector, joining Southern Strategy Group (SSG) as a lobbyist. SSG, one of the largest advocacy firms in the South, is adding Stevens to its roster of leading Tallahassee power players, who represent a broad range of industries and interests. Stevens brings with him a wealth of knowledge in all things insurance, refined over years at the Florida Capitol and Adams…

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Despite storm-free seasons, Florida insurance still pricey

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Living in a (semi)-tropical paradise has a price – and apparently, not even going nine years without a major hurricane strike will change that. While Florida’s property insurance market has stabilized somewhat since eight storms battered the state in 2004 and 2005, as storms such as Hurricane Wilma caused billions in damages, the state still has some of the nation’s highest homeowners insurance rates. A recent national report showed that Florida’s average homeowner premium of more than $2,000 a year…

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