Category: Florida News

State fund’s manager rakes in big fee

Dec 18, 2007

Orlando Sentinel, 12/18/2007 One reason local governments invested billions of tax dollars in a now-struggling state fund was because of the low management fee. But now, the private company hired by Florida to salvage the account damaged by exposure to …

Florida Cabinet Meeting

Dec 18, 2007

Commissioner Bronson recognizes the Toys for Tots program ANNOUNCEMENTS:Next Cabinet meeting: Tuesday, January 15, 2008 AGENDA ORDER: State Board of Administration – Division of Bond Finance Financial Services Commission – Office of Insurance Regulation Department of Revenue Department of Highway …

Florida Commission on Hurricane Loss Projection Methodology

Dec 18, 2007

The Florida State Board of Administration’s Florida Hurricane Catastrophe Fund, on behalf of the Florida Commission on Hurricane Loss Projection Methodology, announces a Notice of Meeting/Workshop Hearing to which all persons are invited. To view the meeting agenda, click here. …

Conservatives could sink tax cut

Dec 17, 2007

TALLAHASSEE — During his eight years in office, Gov. Jeb Bush earned national stature as a tax-cutting conservative icon with nearly $20 billion in cumulative cuts during his eight years. But the same conservatives who relished their role during Bush’s …

Capitol to Courthouse Headliners: Monday, Dec. 17

Dec 17, 2007

Click on a headline to read the complete story:   SBA Reports Local Government Investment Pool’s First Net-Positive Deposit Day Since Reopening Increase in fund’s ending balance reflects improving confidence of local governments State Board of Administration (SBA) Interim Executive …

Governors Crist, Perdue And Riley Agree To New Water Flow Schedule

Dec 17, 2007

TALLAHASSEE – Florida, Georgia and Alabama Governors Charlie Crist, Sonny Perdue, Bob Riley and U.S. Secretary of the Interior Dirk Kempthorne today agreed upon a revised schedule to address the short- and long-term needs of the Apalachicola-Chattahoochee-Flint (ACF) and Alabama-Coosa-Tallapoosa …

Insurance-Related Financial Briefings

Dec 17, 2007

Attached for your review are insurance-related financial briefings from Thomas L. Burt, CFP® ChFC® CLU®, a Wealth Advisor with Morgan Stanley. Briefing topics include: The sub-prime mortgage market Reinsurance Credit Industry overview   Should you have any questions or comments, please …

Florida Must Cut Hurricane Liability, Sink Tells CEOs

Dec 14, 2007

Tampa Tribune, 12/14/2007 TAMPA – The cost of property insurance for businesses has fallen by 30 percent in some cases, but the state still has much work to do to solve its insurance problems, state Chief Financial Officer Alex Sink …