Category: Florida News
Jun 2, 2009
To view a complete story, click on a headline below: Crist Signs Insurance Premium Tax Credit Corporate Scholarship Bill; Vetoes Condo Loss Assessment Coverage Bill A summary of Governor Charlie Crist’s bill action on Monday. Florida Surplus Lines …
Jun 2, 2009
On April 24, 2009 the First District Court of Appeal in Florida issued an opinion in the matter of Everest Re Group, LTD. v. Department of Financial Services, as receiver for Southern Family Insurance Company, Atlantic Preferred Insurance Company, …
Jun 2, 2009
Florida Governor Charlie Crist was presented with 18 bills on Monday, June 1, 2009, including HB 853 relating to Surplus Lines Insurers, which provides that Chapter 627, F.S. does not apply to surplus lines insurers unless specifically stated. The Governor …
Jun 2, 2009
The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Operations Committee and Rates and Forms Committee held a joint meeting via teleconference on May 29, 2009. FWCJUA Operations Committee The FWCJUA General Counsel presented an update on House Bill 903, which …
Jun 2, 2009
The Citizens Property Insurance Corporation (“Citizens”) Actuarial and Underwriting Committee will meet via teleconference on Tuesday, June 2, starting at 1:00 p.m. The call-in number for this meeting is: 866.631.2413.
Jun 2, 2009
The Florida Commission on Hurricane Loss Projection Methodology (“FCHLPM”) has scheduled a two-day meeting on Tuesday, June 2, and Wednesday, June 3, from 10:00 a.m. to 6:00 p.m., in the Hermitage Conference Room, Room 116, 1801 Hermitage Blvd., Tallahassee. The …
Jun 1, 2009
To view a complete story, click on a headline below: Businesses hail workers’-comp legal fee cap Business interests hailed Gov. Charlie Crist’s signing Friday of a bill that will undo a court ruling and restore caps on fees for …
Jun 1, 2009
Alongside traditional reinsurance capacity entering the Florida market at the 1.6 renewal, Bermudian reinsurer RenaissanceRe has relaunched its Timicuan Re sidecar with $10mn seed capacity and $60mn of third party equity investment, despite difficult market conditions for the vehicles. Timicuan …
Jun 1, 2009
On Friday, May 29, 2009, Citizens Property Insurance Corporation’s (“Citizens”) Information Systems Advisory Committee (“Committee”) met to review key 2009 projects and audit activity. To view the meeting agenda, click here. Chairman Willam Corry called the meeting to order with …
Jun 1, 2009
Working Papers Published: May 4, 2009 Paper Released: January 2009 Author: David A. Moss Executive Summary: The present financial crisis should remind us that private financial institutions and markets cannot always be counted upon to manage risk optimally on their …