Category: Insurance Regulatory News
Apr 20, 2009
The 2009 Florida Legislative Session begins its two-week final countdown on April 20. Neither Committees, nor Councils will meet after April 21, unless an additional meeting is called for by legislative leadership. The last regularly scheduled committee agendas are packed …
Apr 20, 2009
To view a complete story, click on a headline below: Florida Senate to debate Citizens Insurance rate increase bill Broad property insurance legislation that would allow Citizens Property Insurance to increase rates by a statewide average of 10 percent …
Apr 17, 2009
The Florida House gave preliminary approval Thursday to taking a mandatory 5 percent pay cut to their $31,300 salary for the 2009-2010 fiscal year. The debate started when Rep. Ron Saunders, D-Key West, proposed allowing members to choose to reduce …
Apr 17, 2009
To view a complete story, click on a headline below: Ratings agency outlines concerns about some insurers A South Florida ratings agency is questioning the financial strength of some property and casualty insurers – an issue recently spotlighted by …
Apr 16, 2009
The Senate Judiciary Committee passed a measure (SB 886) Wednesday that would allow parents to sign pre-event waivers. However, that was after lawmakers inserted a provision that provided that parents could only sign a waiver that freed a company from …
Apr 16, 2009
The Florida Senate is expected to take up its pari-mutuel gambling measures on Thursday as it moves toward an inevitable conference committee to hammer out details with competing and more conservative House legislation. Sen. Dennis Jones, R-Treasure Island, says opponents …
Apr 16, 2009
An April 15, 2009 blog posting from the South Florida Sun-Sentinel regarding the State Farm Florida market withdrawal issue is reprinted below. Should you have any questions or comments, please contact Colodny Fass. State Farm fights Florida’s conditions for it …
Apr 16, 2009
To view a complete story, click on a headline below: THE NEWS SERVICE OF FLORIDA: Senate Committee Overhauls Workers’ Comp Attorneys’ Fees Bill A bill sought by big business to restore a court-stricken cap on lawyers fees in workers …
Apr 15, 2009
Above: State Representative Jennifer Carroll (R-Jacksonville) is the sponsor of HB 7031, an economic development package that also would revise industry code designations and provide for corporate tax credit transfers. Florida’s 2009 Regular Legislative Session is in its final …
Apr 15, 2009
For every grant dollar provided by the My Safe Florida Home (MSFH) program for strengthening Florida homes, hurricane losses are expected to reduce by as much as $1.50, according to preliminary analysis by catastrophe risk experts Risk Management Solutions (RMS). …