Category: Insurance Regulatory News
Jul 15, 2009
The Florida Department of Insurance Regulation (“OIR”) Rule Hearing on proposed amendments to Rules contained in Chapter 69O-156 relating to Medicare Supplement Insurance that was scheduled for today, July 15, 2009, was not held because it was not requested. Proposed …
Jul 15, 2009
The Florida Department of Financial Services, Division of Risk Management (“Division”) Rule Development Workshop on Proposed Rule 69H-2.008 entitled “Other Forms Adopted,” scheduled for Monday, July 13, 2009, was not held because it was not requested. The proposed Rule relates …
Jul 15, 2009
On Wednesday, July 15, 2009, the Board of Employee Leasing Companies (“Board”) met to consider employee leasing company applications, controlling person applications and de minimis exemption and registration applications. The following employee leasing company and controlling person applications were approved: …
Jul 15, 2009
The Board of Employee Leasing Companies will meet on Wednesday, July 15, at 10:00 a.m. via teleconference. The call-in number for this meeting is: 888.808.6959; conference code: 9226020.
Jul 15, 2009
The U.S. House Financial Services Committee will hold a hearing entitled “Banking Industry Perspectives on the Obama Administration’s Financial Regulatory Reform Proposals” on Wednesday, July 15, starting at 10:00 a.m. in Room 2128 of the Rayburn House Office Building, Washington …
Jul 15, 2009
The U.S. House Financial Services Committee Subcommittee on Housing and Community Opportunity will hold a hearing entitled “Legislative Options for Preserving Federally-and State-Assisted Affordable Housing and Preventing Displacement of Low-Income, Elderly and Disabled Tenants” on Wednesday, July 15, starting at …
Jul 14, 2009
During the 2009 Summer Meeting, the National Conference of Insurance Legislators (“NCOIL”) adopted the attached Resolution Favoring Continued State-Based Insurance Consumer Protection. An NCOIL press release regarding adoption of the Resolution is printed below. NCOIL REAFFIRMS STATES BEST SERVE …
Jul 14, 2009
Bloomberg News Insurance regulators are too dependent on ratings firms and need alternatives to companies like Standard & Poor’s and Moody’s Investors Service, said New York’s chief industry watchdog, Kermitt Brooks. “We’ve relied too much on rating agencies and in …
Jul 14, 2009
To view a complete story, click on a headline below: Rating lowered for insurer formerly known as Allstate Allstate was Florida’s second-largest private property insurer when four hurricanes walloped the state in 2004. Commentary: It’s Back to Square One …
Jul 14, 2009
Washington, D.C., July 14, 2009 – The Securities and Exchange Commission today announced fraud charges and an asset freeze against a Weston, Fla., resident who stole more than $15 million in investor funds to purchase a multi-million dollar home, luxury …