Category: Florida News
Jul 31, 2009
The Florida Hurricane Catastrophe Fund (“FHCF”) has published its 2009-2010 Capacity Report, which may be viewed by clicking here. The FHCF’s current estimated capacity for the 2009-2010 Contract Year is $16 billion (based on the May 2009 claims paying capacity …
Jul 31, 2009
Florida Governor Charlie Crist announced the appointment of Terry Morrow of Lakeland to the Florida Workers’ Compensation Panel today, July 31, 2009. A press release from the Office of the Governor about the appointment is reprinted below. Should you …
Jul 31, 2009
Economists said state property values are higher than expected, but tough times are ahead. Fla. property values to keep dropping, but slower Florida’s taxable property values will keep dropping for another year but at a slightly slower pace than previously …
Jul 31, 2009
Week of August 3-7 Wednesday, August 5 DFS Rule Hearing The Florida Department of Financial Services (“DFS”) Division of Workers’ Compensation has issued a Notice of Proposed Rule regarding Rule Chapter 69L-24: Insurers’ Standards and …
Jul 31, 2009
The Florida Insurance Guaranty Association (“FIGA”) has submitted its updated Plan of Operation to the Florida Department of Financial Services for approval. Revisions to the Plan include sections detailing the roles and responsibilities of the FIGA Board, Board Chairman and …
Jul 31, 2009
Ambulance chasing just took a reckless turn — at the intersection of healthcare and the law. A Miami man was charged Thursday with buying confidential patient records from a Jackson Memorial Hospital employee over the past two years, and …
Jul 31, 2009
The federal government suspended its “cash for clunkers” program at midnight Thursday after less than four days in business, telling Congress that the plan would burn through its $950 million budget for new-car purchases. The decision came after auto dealers …
Jul 31, 2009
By ARTHUR D. POSTAL Published 7/31/2009 NU Online News Service, July 31, 10:55 a.m. EDT WASHINGTON–Controversial legislation that would bar foreign-owned insurers from moving their U.S. earnings into tax havens through a reinsurance transaction with an affiliate was introduced late Thursday …
Jul 31, 2009
The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) will meet via teleconference on Friday, July 31, starting at 10:00 a.m. Items scheduled to be discussed include: A compliance review of the current investment portfolio A review of the FWCJUA asset …
Jul 30, 2009
The following insurance-related Rules have been finalized and adopted by the Florida Department of Financial Services and the Florida Office of Insurance Regulation during the period of May 1 through July 30, 2009. To view a Rule, click on a …