Category: Florida Legislative News

Above:  G. Donovan Brown of Colodny Fass notes Federal Insurance Office Seeking Comment on Terrorism Event Certification Process The U.S. Department of the Treasury announced yesterday, February 4, 2015, that it has begun implementing the Terrorism Risk Insurance Program Reauthorization …

  During its teleconference Executive Session today, February 4, 2015, the Financial Stability Oversight Council (“FSOC” or “Council”) voted to adopt certain changes and formalize certain practices relating to its process for reviewing nonbank financial companies for potential designation. “The …

  At its meeting today, February 4, 2015, the Florida House of Representatives’ Insurance and Banking Subcommittee (“Subcommittee”) approved the following bills: HB 53 relating to the Florida Catastrophic Storm Risk Management Center by State Representative Doug Broxson HB 189 …

  The Florida Senate Committee on Banking and Insurance (“Committee”) met today, February 3, 2015.  Led by Senator Lizbeth Benacquisto, Chairman, the Committee considered SB 202 relating to Insurance Policy Documents by Senator Bradley, which allows an insurer to electronically …

  Opening Citizens Property Insurance Corporation (“Citizens”) to takeouts by excess and surplus lines carriers was among a lengthy list of reforms proposed in a 20-page document on Florida’s property insurance market published by the James Madison Institute today, January …

  Insurance-related legislative committees met in both the Florida House of Representatives (“House”) and Florida Senate yesterday, January 21, 2015.  Following is a summary of each meeting:   Florida Senate Committee on Banking and Insurance The Senate Committee on Banking …

  The Florida House of Representatives’ Insurance and Banking Subcommittee (“Subcommittee”) met yesterday, January 7, 2015.  As part of the agenda, Citizens Property Insurance Corporation (“Citizens”) President, CEO and Executive Director Barry Gilway gave legislators an overview of the State-run …

  Florida’s Senate Committee on Banking and Insurance Committee (“Committee”) met today, January 6, 2015, during which Florida Office of Insurance Regulation (“OIR”) Deputy Chief of Staff Monte Stevens presented on the status of Florida’s insurance market. He began his …

  Lloyd’s, the Association of Bermuda Insurers and Reinsurers, and the Property Casualty Insurers Association of America were among 30 domestic and international respondents to a Federal Insurance Office (FIO) 2014 request for comment on the scope of the global …

  Florida Office of Insurance Regulation (“OIR”) officials are scheduled to review Florida’s insurance market as part of the Florida Senate Committee on Banking and Insurance agenda today, January 6, 2014.   To view the comprehensive 175-page presentation, which covers …