Category: Insurance Regulatory News
Jun 1, 2011
The following article was posted to the WCTV2 website on June 1, 2011: Higher Insurance Rates During Hurricane Season By Troy Kinsey Higher insurance rates are almost a given with a powerful hurricane. But, it’s what’s already happened here in …
Jun 1, 2011
The following article was published in PropertyCasualty 360º on May 31, 2011: Several Provisions in SB 408 Effective June 1 By Joan E. Collier Although Florida’s hard-fought property insurance bill SB 408 became law May 17 upon the signature of …
Jun 1, 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 Insurance-Related News Daily Florida Insurance-Related …
Jun 1, 2011
The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Rates and Forms Committee and Operations Committee (“Committee”) met jointly on May 27, 2011 via teleconference to hear several FWCJUA operational updates and address some policy-related matters. The agenda and meeting …
Jun 1, 2011
The Eleventh Annual Florida Hurricane Catastrophe Fund (“FHCF”) Participating Insurers Workshop was held in Orlando, Florida on May 24-25, 2011. State of Florida Chief Financial Officer Jeff Atwater served as the keynote speaker. In his address, he discussed how …
May 31, 2011
Following State Board of Administration (“SBA”) approval at the May 17, 2011 Cabinet meeting, the Florida Hurricane Catastrophe Fund (“FHCF”) filed Emergency Rule 19ER11-1, F.A.C. on May 27, 2011, entitled “Extraordinary Circumstances for Alternative Method of Finalizing 2005 Losses” (“Emergency …
May 31, 2011
Following is a listing of insurance-related Florida regulatory events for the week of May 30 – June 3, 2011: All times are Eastern Time (“ET”). Additional information is available via hyperlink where noted in bold type. FLORIDA INSURANCE REGULATORY EVENTS …
May 31, 2011
The Florida Surplus Lines Service Office (“FSLSO”) held a National Clearinghouse Committee (“Committee”) meeting today, May 31, 2011, to discuss the National Association of Insurance Commissioners’ (“NAIC”) response to an FSLSO query about a potential partnership between the two …
May 31, 2011
Pursuant to Florida law, the State Board of Administration (“SBA”) has announced the Florida Hurricane Catastrophe Fund (“FHCF” or “Fund”) estimated borrowing capacity, estimated claims-paying capacity and projected balance of the Fund as of December 31, 2011. The Fund’s projected post-event borrowing capacity …
May 31, 2011
The following article was published in the Sunshine News on May 31, 2011: Craig Fugate Rebuilds FEMA, Just in Time for Hurricane Season By Kenric Ward As Florida heads into another hurricane season, the state has a friend in Washington. …