Category: Florida Legislative News

  The Louisiana Department of Insurance (“LDI”)  has released the February 2011 edition of its monthly Consumer Advocacy Newsletter.  The newsletter is reprinted below and is also accessible on the LDI Web site by clicking here. Should you have any questions or …

  The Florida House of Representatives Insurance and Banking Subcommittee (“Subcommittee”) met today, February 9, 2011, during which it considered three insurance-related bills and held a workshop on sinkhole coverage.  To view the meeting packet, click here. The following is …

FPCA Automobile Division Members: The Auto Insurance Report has published its annual Personal Auto Insurance Nastiness – or “PAIN” – Index, which is a calculation of the ratio of auto insurance costs to income by state.  Florida ranks third on …

  William Stander, Assistant Vice President of State Government Relations for the Property Casualty Insurers Association of America (“PCI”), announced on February 8, 2011 that PCI has launched www.InsuranceFraudUncovered.com to help inform the public, opinion leaders and Florida lawmakers about …

  On February 8, 2011, the U.S. Federal Reserve Board requested comment on a proposed Rule that implements two provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act related to the designation by the Financial Stability Oversight Council …

  The following is a transcript of U.S. Federal Reserve Chairman Ben S. Bernanke’s testimony on “The Economic Outlook and Monetary and Fiscal Policy” given on February 9, 2011 before the U.S. House of Representatives Committee on Budget in Washington …

FPCA Homeowners Division Members: Attached please find a description of a Florida Community Restoration and Repair Program (FCRRP) and proposed legislation to create the FCRRP.  Please review these documents and provide any comments to Katie Webb (kwebb@cftlaw.com).  

FPCA Homeowners Division Members: The Florida Hurricane Catastrophe Fund (FHCF) has reached out to the FPCA to confirm that the revised Statement of Estimated Regulatory Cost (SERC), Proof of Loss Report form and Instructions address Members’ concerns before the approval and implementation process for …

  In addition to the “Sinkhole Compensation Fairness Act,”  which is based on asbestos claims litigation-related Florida legislation enacted in 2005, other ideas on how to legislatively combat Florida’s sinkhole “tail” claims crisis have been circulating recently. A proposal on …

To view a complete story, click on a headline below: Florida Governor Scott unveils Florida budget plan at tea party rally New Republican Governor Rick Scott received wild applause from about 1,000 tea party activists when he said the $65.9 …