Category: Insurance Regulatory News
Apr 23, 2009
Cabinet Meeting The Florida Governor and Cabinet (“Cabinet”) will hold a meeting on Tuesday, April 28, starting at 9:00 a.m. in the Cabinet Meeting Room, Lower Level, The Capitol, Tallahassee. To view the complete meeting agenda, click here. Insurance-related …
Apr 23, 2009
The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Safety Committee (“Committee”) met via teleconference on Thursday, April 23, 2009, to review the FWCJUA 2009 Cause of Loss and Safety Program Analysis Report (“Analysis”), and consider whether modifications to the FWCJUA …
Apr 22, 2009
With budget talks stalled between the House and Senate, Gov. Charlie Crist is expected to unveil a plan Wednesday afternoon that will provide several hundred million dollars more this year from expanded gambling by the Seminole Tribe. Crist spoke tentatively …
Apr 22, 2009
To view a complete story, click on a headline below: President Obama Declares Major Disaster For Florida The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) Tuesday announced that federal disaster aid has been made …
Apr 22, 2009
On Tuesday, April 21, 2009, Senate Bill 1894 relating to Surplus Lines by Senator Mike Bennett was withdrawn from its final two committees of reference (General Government Appropriations and Policy and Steering Committee on Ways and Means) and placed …
Apr 22, 2009
Following a Federal Presidential Declaration of Major Disaster for Florida, the U.S. Department of Homeland Security’s Federal Emergency Management Agency (“FEMA”) announced on April 21, 2009 that federal disaster aid has been made available for Florida to supplement state and local recovery …
Apr 22, 2009
The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Market Assistance Plan Committee (“Committee”) met via teleconference on Wednesday, April 22, 2009, for its annual review of the FWCJUA’s Market Assistance Plan (“MAP”) and to consider whether modifications to the Plan …
Apr 21, 2009
The Florida Hurricane Catastrophe Fund (FCHF) has decided not to buy private reinsurance in 2009 or renew the put option it bought from Berkshire Hathaway, The Insurance Insider understands. However, reforms to the Fund’s temporary increase in coverage limit (TICL) …
Apr 21, 2009
By Jennifer C. Erdelyi, AssociateColodny Fass Colodny Fass has been monitoring important federal and state litigation that has modified the interpretation of surplus lines regulation in Florida. Two recent cases, Essex v. Zota, currently pending in the U.S. District …
Apr 21, 2009
To view a complete story, click on a headline below: Florida fund goes cold on reinsurance; may fuel $2.5-$3 billion demand hike The Florida Hurricane Catastrophe Fund (FCHF) has decided not to buy private reinsurance in 2009 or renew …