Category: Insurance Regulatory News
Mar 13, 2009
The Citizens Property Insurance Corporation (“Citizens”) Actuarial and Underwriting Committee (“Committee”) met via teleconference on Thursday, March 12, 2009. The meeting agenda and materials are accessible via hyperlink below. The Committee discussed Citizens’ new personal residential rate restructuring plan for …
Mar 12, 2009
To view a complete story, click on a headline below: Florida CFO Sink Outlines Plan To Deal With Storm Risk Florida Chief Financial Officer Alex Sink announced she had written key state lawmakers urging them to adopt a …
Mar 12, 2009
The Florida Department of Financial Services (“DFS”) issued Notices to three Florida travel agencies today, March 12, 2009, expressing Florida Chief Financial Officer (“CFO”) Alex Sink’s intent to order the companies to stop selling insurance on behalf of Colorado-based Prime …
Mar 12, 2009
In a letter dated today, March 12, 2009, Florida Chief Financial Officer (“CFO”) Alex Sink offered a four-step legislative plan to reduce the State’s catastrophic risk exposure. The letter, which was sent to Florida House Insurance, Business and Financial Affairs …
Mar 12, 2009
Miami Herald–March 11, 2009 BY JERRY HARTBloomberg News Florida’s state-run property insurer plans to begin selling $2.5 billion of bonds next month to raise funds for claims from the coming hurricane season. Citizens Property Insurance Corp. governors tentatively approved the …
Mar 12, 2009
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Mar 12, 2009
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Mar 11, 2009
By GARY FINEOUT THE NEWS SERVICE OF FLORIDA With less than three months to go before another hurricane season, the state of Florida will try to line up financial backing for the battered Florida Hurricane Catastrophe Fund. But Gov. Charlie …
Mar 11, 2009
Embry-Riddle Aeronautical University would spearhead a multi-institution network of universities, community colleges and private groups under a measure approved on Wednesday that sets up a statewide consortium aimed at the stars. By unanimous vote, the House Economic Development Policy Committee …
Mar 11, 2009
Insurance Commissioner Kevin McCarty presented his bosses on Tuesday with his legislative priorities for the 2009 session. McCarty told Gov. Charlie Crist and members of the Cabinet that the top issues that his department plans to back include legislation that …