Category: Legislative Updates

Florida’s Revenue Estimators Predict Larger Budget Deficits

Mar 17, 2009

The Florida Office of Economic and Demographic Research General Revenue Fund Estimating Conference (“Conference”) met on Friday, March 13, 2009 to evaluate the impact of state tax collections for the remainder of fiscal year 2008-2009, and for 2009-2010.  Of note, …

Upcoming Insurance Regulatory-Related Congressional Hearings

Mar 16, 2009

  The following insurance regulatory-related United States Congressional committee and subcommittee hearings have been scheduled:   U.S. House of Representatives March 17-“Perspectives on Regulation of Systemic Risk in the Financial Services Industry”(Full House Financial Services Committee) Scheduled witnesses (testimony included …

Senate Sinkhole Bill Passes Second Committee

Mar 12, 2009

Senate Bill 742 Relating to Sinkhole Losses by the Senate Banking and Insurance Committee and Senator Mike Fasano (R-New Port Richey) unanimously passed the Senate Community Affairs Committee on March 10, 2009 with no amendments.  The bill now proceeds to …

Florida Senate Banking and Insurance Committee Meeting Report: March 10

Mar 11, 2009

On Tuesday, March 10, 2009, the Florida Senate Banking and Insurance Committee (“Committee”) met and considered several insurance-related bills.  The Committee also heard testimony from Florida Insurance Commissioner Kevin McCarty and Florida Office of Insurance Regulation (“OIR”) Deputy Commissioner Belinda …