Category: Insurance Regulatory News

Notice of Proposed Rule The Florida State Board of Administration (“SBA”) has issued a Notice of Proposed Rule for Rule Number:Rule Title 19-8.028: Reimbursement Premium Formula. To view the Notice and full text of the Proposed Rule, click here. This Rule …

On Wednesday, April 30, 2008, the Citizens Property Insurance Corporation (“Citizens”) Consumer Services Committee (“Committee”) held a meeting. To view the complete meeting agenda, which included an update from Citizens’ Consumer Communications Department (“Department”), click here. The meeting was called …

On Wednesday, April 30, 2008, the Florida Workers Compensation Joint Underwriting Association (“FWCJUA”) held a Safety Committee (“Committee”) meeting to discuss the FWCJUA 2008 Cause of Loss and Safety Program Analysis (“Analysis”). The meeting was called to order by Claude …

Miami Herald–April 30, 2008 With a few days left in the legislative session, Senate and House negotiators were trying to find common ground on an effort to make cheap, no-frills health plans available to reduce the number of uninsured. It’s …

Palm Beach Post –-April 30, 2008 Palm Beach Post Editorial It’s the last week of the legislative session, which is the time for notorious “strike-all” bills. They are new versions of big-issue legislation. They have a deservedly bad reputation because …

Orlando Sentinel–April 30, 2008 You’d think a Legislature like Florida’s, which finds the time to debate issues such as the state song toward the end of its 2008 session, must have resolved more pressing matters. Such as property insurance. Well, …

Palm Beach Post–April 29, 2008 By MICHAEL C. BENDERPalm Beach Post Staff Writer TALLAHASSEE — Negotiations broke down Tuesday night between House and Senate Republicans over a bill to freeze windstorm premiums for Citizens Property Insurance Corp. customers, leaving in …

Insurance Journal–April 29, 2008 The Florida Office of Insurance Regulation held a public hearing to ask for input on a draft rule that would implement 2007 legislation giving the insurance commissioner discretion to allow unaccredited reinsurance companies to conduct business …

Colodny Fass has reviewed the lawsuit filed by the Florida Department of Financial Services (“Receiver” or “Plaintiff”) involving the Poe family of insurance companies The Plaintiff is seeking to hold a group of closely held affiliated corporations, Poe Insurance Holdings, …

To view a complete story, click on a headline below:   Florida Regulator Holds Public Hearing on New Reinsurance Rules The Florida Office of Insurance Regulation held a public hearing to ask for input on a draft rule that would …