Category: Insurance Regulatory News

The Bradenton Herald’s Hannah Morse recounts how Manatee County is picking up the pieces. http://www.bradenton.com/news/local/article204494959.html

Proposed amendments to Rule 19-8.028, F.A.C., Reimbursement Premium Formula relating to premium formula requirements for the Florida Hurricane Catastrophe Fund 2018-2019 Contract Year will be the topic of a Rule Development Workshop scheduled for March 21, 2018 at 9 a.m. …

Florida’s $88.7 Billion Budget is Ready and Headed for Sunday Vote Following the destruction of Hurricane Irma and the arrival of thousands of Puerto Rican Residents after Hurricane Maria, Lawmakers had vowed to increase money available for apartments and lower-cost …

Following the destruction of Hurricane Irma and the arrival of thousands of Puerto Rican residents after Hurricane Maria, lawmakers had vowed to increase money available for apartments and lower-cost housing, but the Parkland response changed that and many other spending …

A bill passed by Florida lawmakers empowering some personnel in public schools to carry firearms to guard against attacks like last month’s massacre near Miami could expose these employees to potentially costly civil lawsuits, legal experts said.  Reuters’ Tina Bellon …

This marks a second term as chief justice for Canady, 63, who led the court in 2010 to 2012.  Suzie Schottelkotte reports for the Winter Haven News Chief. http://www.newschief.com/news/20180308/lakelands-canady-named-chief-justice-of-florida-supreme-court

Continuing a trend, the Florida Senate on Thursday gave final approval to a bill that would start the 2020 Legislative Session, THE NEWS SERVICE OF FLORIDA reports via FloridaPolitics.com. http://floridapolitics.com/archives/258451-early-start-approved-2020-session

The Florida Office of Insurance Regulation is in process of updating Rule 69O-137.002, F.A.C. relating to Annual Audit Financial Reports to incorporate new editions of standards developed by the American Institute of Certified Public Accountants (“AICPA”) for use in annual …

The Florida Office of Insurance Regulation is in process of updating reimbursement rates for per diem and other expenses incurred during financial, rate, and market conduct examinations. A Rule Development Workshop has been set for March 21, 2018 at 10 …

Florida Leads the Nation in Home Insurance Costs According to a New Study from Insurance.com, Florida Homeowners pay an average of $3,575, which is 191 percent higher than the national average of $1,228.   National Mortgage Professional News reports. More Than $8.4M …