Category: Insurance Regulatory News
Oct 19, 2011
The Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council met yesterday, October 18, 2011. The meeting was called to order by Chairman Robert Peduto. John Forney with Raymond James presented a financial market update, explaining that there has been substantial …
Oct 19, 2011
To go directly to the section of your choice, click on a hyperlink below. Other hyperlinks to meeting information, bills and news are noted in bold type. Daily Florida Insurance-Related Events Daily Florida Insurance-Related Bills Filed for 2012 …
Oct 19, 2011
9:00 a.m.–Florida Commission on Hurricane Loss Projection Methodology meeting. Adoption of 2011 Standards of Acceptability and Report of Activities. Teleconference: 888-808-6959; conference code: 4765251363. To view the meeting notice, click here
Oct 19, 2011
9:30 a.m.–Florida Division of Workers’ Compensation Rule Development Workshop.Proposed amendments to Rule 69L-5.201 would allow an affiliated self-insurer structure and utilization of the financial strength of a parent company for purposes of providing a parental guaranty for affiliated self-insurers under …
Oct 18, 2011
The Florida Department of Financial Services (“DFS”) met on October 18, 2011 to workshop proposed Rules 69B-221.100, F.A.C., entitled “Terms and Conditions of Contract; Surrender Form” and 69B-221.105, F.A.C., “Premium Charge Only Permitted.” Both propose Rules relate to the …
Oct 18, 2011
Sponsored by Senator Garrett Richter, Senate Bill 578 relating to Citizens Property Insurance Corporation (“Citizens”) Depopulation was filed today, October 18, 2011. Together with its House companion, House Bill 245, sponsored by State Representative Jim Boyd, these bills would …
Oct 18, 2011
The following news release was issued by the U.S. Department of Health and Human Services on October 18, 2011: Obama Administration’s Regulatory Reductions to Save Health Care System Nearly $1.1 billion Scaling back outdated rules is part of …
Oct 18, 2011
The Insurance Information Institute (“III”) has issued a presentation on potential implications for insurers under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (“Dodd-Frank”). In the presentation, III President Dr. Robert Hartwig reviews the implementation status …
Oct 18, 2011
The following article was published in the Orlando Sentinel on October 17, 2011: State’s new gun law doesn’t address waiting periods By Mark Schlueb If the Legislature’s aim in ordering the repeal of all local gun laws was to clear …
Oct 18, 2011
The following article was published in the Miami Herald on October 17, 2011: Chinese drywall problem still unresolved For some Florida homeowners, the housing and foreclosure crises aren’t the only problems they face. They also must deal with another calamity: defective Chinese-manufactured …