Category: Florida News

State to pay $224 million to prop up storm insurance fund

Jul 30, 2008

Daytona News-Journal–July 30, 2008 By JIM SAUNDERSTallahassee bureau chief TALLAHASSEE — Gov. Charlie Crist and Florida Chief Financial Officer Alex Sink signed off Tuesday on an agreement to pay $224 million to Berkshire Hathaway Inc. to help prop up a …

Florida Farm Bureau Rate Hearing Report: July 30

Jul 30, 2008

On Wednesday, July 30, 2008, the Florida Office of Insurance Regulation (“OIR”) held a public rate hearing regarding a 28.4 percent overall statewide rate increase requested by the Florida Farm Bureau Casualty and General Insurance Companies (“FFB”).  The officials present …

Florida Farm Bureau Rate Hearing

Jul 30, 2008

> The Florida Office of Insurance Regulation ("OIR") has scheduled public rate hearings for the Florida Farm Bureau. The Florida Farm Bureau hearing is scheduled to take place on Wednesday, July 30, 2008 at 9:00 a.m. in the Senate Office …

Florida Cabinet Meeting Report: July 29

Jul 29, 2008

The Florida Cabinet met July 29, 2008 and considered the following insurance-related governmental agency agendas: Office of Insurance Regulation State Board of Administration Florida Hurricane Catastrophe Fund Finance Corporation During the meeting, Florida Office of Financial Regulation (“OFR”) Commissioner Don Saxon discussed …

Insurance-Related Meetings: Week of July 28-August 1

Jul 29, 2008

  Insurance-Related Meetings:  Week of July 28-August 1   Monday, July 28 The Florida Commission on Hurricane Loss Projection Methodology held a meeting on Monday, July 28, 2008 from 9:00 a.m. through 1:00 p.m. to discuss and receive input on …

Cabinet Divided Over Mortgage Regulator Dismissal Decision

Jul 29, 2008

The Miami Herald reported this morning that the Florida Cabinet has postponed any decision over dismissing Florida Office of Financial Regulation Commissioner Don Saxon. The Miami Herald story is reprinted below. For more information about Mr. Saxon, click here.  Should you have any …

Florida DCF Secretary Bob Butterworth Resigns

Jul 29, 2008

At the Florida Cabinet meeting this morning, July 29, 2008, Florida Governor Charlie Crist announced the resignation of Bob Butterworth, Secretary of the Florida Department of Children and Families (“DCF”). Mr. Butterworth’s is effective August 15, 2008. A statement from …