Category: Florida News

  Florida’s State Board of Administration of Florida (“SBA”) advised today, October 27, 2016, on the estimated borrowing capacity, estimated claims-paying capacity and projected balance of the Florida Hurricane Catastrophe Fund (“FHCF”) as of December 31, 2016 in compliance with the …

The Florida Office of Insurance Regulation advised today, October 26, 2016, that, “after productive discussions between Insurance Commissioner David Altmaier and representatives of the Federal Emergency Management Agency (FEMA)” on ways to assist Floridians impacted by the widespread flooding caused by …

  David Altmaier Outlines Legislative Priorities at Insurance Conference Florida Insurance Commissioner David Altmaier outlined his Legislative Priorities Tuesday during an Industry Conference, promising above all to work with Industry Stakeholders in drafting responses to Market Pressures.  Michael Moline reports …

  The Florida Department of Financial Services’ (“DFS”) Division of Insurance Agent and Agency Services has published a Notice of Rule Development for the following proposed Rules relating to property insurance mediators: 69B-250.001   Purpose and Scope 69B-250.002   Qualifications of Mediators …

  Florida Hurricane Matthew Insurance Claims Now Worth Nearly $550 Million The number of Insurance Claims following Hurricane Matthew has now surpassed 91,000, with Estimated Losses rising to $549 Million.  Matthew Moline reports for FloridaPolitics.com.   Florida Group Offers Recommendations …

  Storm Victims Filing Insurance Claims Have Rights, Florida CFO Jeff Atwater Reminds Chief Financial Officer Jeff Atwater informed Historic City News Local Reporters today that the Florida Department of Financial Services want to be certain that storm victims in …

  Despite Storms, Florida Hurricane Fund Remains in Good Shape Florida’s streak of dodging Hurricanes is over, but the State-Created Fund that helps Private Insurers pay out Claims after a storm remains in strong financial shape.   FEMA Designates 4 Florida …

  Hurricane Matthew-Related Insurance Claims Pass the 75,000 Barrier The number of Insurance Claims filed following Hurricane Matthew has now surpassed 75,000, State Regulators announced Monday.  Michael Moline reports for FloridaPolitics.com.   Rick Scott:  Florida Needs Full Major Disaster Declaration …

  The Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council will hold a public meeting tomorrow, October 18, 2016 at 1:30 p.m. (ET) in Tallahassee.  The agenda includes a vote to approve the October 2016 Estimated FHCF Claims-Paying Capacity.  A financial …

  The Florida Health Insurance Advisory Board (“FHIAB”) is scheduled to hold a public meeting to conduct administrative matters, adopt its “State of the Market” Annual Report and discuss its 2017 legislative proposals on Wednesday, October 19, 2016 at 3 …