Category: Insurance Regulatory News
Aug 3, 2009
Florida Insurance Commissioner Kevin McCarty was the recent featured guest on Florida Face-to-Face, a statewide broadcast weekly talk show on the Florida Channel in which government officials are interviewed. This week’s discussion with Commissioner McCarty included an update on successful 2009 insurance-related legislation, …
Aug 3, 2009
But ‘surplus lines carriers’ aren’t regulated, backed by Texas By PURVA PATELHOUSTON CHRONICLE Aug. 1, 2009, 4:05PM The state’s largest home insurance companies have hiked rates or announced increases this summer, hitting coastal areas such as Harris County the hardest. …
Aug 3, 2009
An alternative to unlimited liability for taxpayers by Eli Lehrer 08/10/2009, Volume 014, Issue 44 After hijackers destroyed the World Trade Center on 9/11, taxpayers ended up spending a lot of money to aid the injured, rebuild public infrastructure, improve …
Aug 3, 2009
U.S. Securities and Exchange Commission Litigation Release No. 21068A / June 4, 2009 Accounting and Auditing Enforcement Release No. 3023 / June 4, 2009 Securities and Exchange Commission v. Angelo Mozilo, David Sambol, and Eric Sieracki, (C.D. Cal.), Civil Action …
Jul 31, 2009
To view a complete story, click on a headline below: Feds: Jackson Memorial patients’ records were sold in scheme A Miami man was charged Thursday with buying confidential patient records from a Jackson Memorial Hospital employee over the …
Jul 31, 2009
The Florida Commission on Hurricane Loss Projection Methodology (“Commission”) is scheduled to meet from 9:00 a.m. through 4:00 p.m. on the following days: Tuesday, August 11 Wednesday, August 12 Thursday, August 13 Location: Hermitage Centre Conference Room, Hermitage Centre, 1801 …
Jul 31, 2009
The Department of Transportation said Thursday that it will not allow private contractors to receive automatic pay hikes this budget year — a savings of at least $10 million — after a state senator called attention to the practice in …
Jul 31, 2009
The Florida Hurricane Catastrophe Fund (“FHCF”) has published its 2009-2010 Capacity Report, which may be viewed by clicking here. The FHCF’s current estimated capacity for the 2009-2010 Contract Year is $16 billion (based on the May 2009 claims paying capacity …
Jul 31, 2009
Florida Governor Charlie Crist announced the appointment of Terry Morrow of Lakeland to the Florida Workers’ Compensation Panel today, July 31, 2009. A press release from the Office of the Governor about the appointment is reprinted below. Should you …
Jul 31, 2009
Economists said state property values are higher than expected, but tough times are ahead. Fla. property values to keep dropping, but slower Florida’s taxable property values will keep dropping for another year but at a slightly slower pace than previously …