Category: Archive – Seminars

State let insurers underpay hurricane claims, lawsuit says

Apr 3, 2008

Petition says homeowners were not told they could seek mediation. Anika Myers Palm Sentinel staff writer Orlando Sentinel–Apr. 3, 2008 The state’s financial- and insurance-regulation departments are accused in a lawsuit of violating consumer-protection laws and allowing insurance companies to …

Lawsuit: Enforce insurance mediation

Apr 3, 2008

Miami Herald–Apr. 03, 2008 A Broward attorney filed a lawsuit Wednesday demanding the Department of Financial Services and the Office of Insurance Regulation enforce the state statute that provides homeowners with access to mediation to quickly settle still-open claims from …

FEDC Inside Track for Legislative Affairs: Space Florida Update

Apr 3, 2008

Governor Charlie Crist issued the following informational update this week regarding Space Florida. Subsequent to the Governor’s press release is information about the upcoming Space Investment Summit on May 28, 2008. Should you have any questions or comments, please contact: Frank …

CFO, lawmakers trying to shore up backup fund’s solvency

Apr 2, 2008

Miami Herald–Apr. 01, 2008 By BRENT KALLESTAD A tightening global credit market is contributing to Florida’s insurance woes, prompting officials to look at reducing the amount of money in the state’s catastrophe fund, which pays hurricane claims when private insurers …

Legislators give OK to several property insurance bills

Apr 2, 2008

Panels of state legislators gave a green light Tuesday to several property insurance bills.South-Florida Sun-Sentinel–Apr. 2, 2008By: Julie Patel The House Jobs and Entrepreneurship Council and the Senate Banking and Insurance Committee each approved a similar bill that would allow …

State: Poe, kin took $143M

Apr 2, 2008

St. Petersburg Times–Apr. 1, 2008 By Tom Zucco, Times Staff Writer Former Tampa Mayor Bill Poe Sr. and 19 others, including his wife and five children, have been sued by Florida regulators for engaging in what the state alleges was …

Suit alleges huge fraud in Poe Financial case

Apr 2, 2008

Miami Herald–Apr. 02, 2008BY BEATRICE E. GARCIA State officials outlined an elaborate scheme of potential mismanagement and fraud among the officers and directors of the Poe Financial Group insurance companies that drained millions of dollars that could have been used …

Hurricane experts fear intense season

Apr 1, 2008

South-Florida Sun-Sentinel–Apr. 1, 2008 By Ken KayeSouth Florida Sun-Sentinel ORLANDO More than 1,400 emergency managers, government officials and others involved in tropical disasters have converged on Orlando this week for the National Hurricane Conference to prepare for what may be …