Category: Insurance Regulatory News
Jan 7, 2009
South Florida Business Journal–January 6, 2009 by Brian Bandell First Southern Bank has become the first South Florida-based bank to receive preliminary approval to receive money from the federal Troubled Assets Relief Program (TARP). The Boca Raton bank said Tuesday …
Jan 7, 2009
On Monday, January 5, 2009, the Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) held an Investment Committee (“Committee”) meeting to review its investment policy for compliance and investment policy procedures. Among those in attendance were: Committee Chairman Fred Bennett, Committee …
Jan 7, 2009
A state task force Tuesday will consider ways to shrink Citizens Property Insurance and reduce its exposure to windstorm risk. BY BEATRICE E. GARCIA Miami Herald–January 6, 2009 Rate hikes for Citizens Property Insurance policyholders could be capped, and Citizens …
Jan 7, 2009
St. Petersburg Times–Tuesday, January 6, 2009 By Jeff Harrington, Times Staff Writer A billion-dollar auction-rate securities nightmare continues to haunt St. Petersburg’s Raymond James Financial. While larger institutions like Bank of America are placating regulators and investors by buying back …
Jan 7, 2009
Fort Meyers News-Press–January 5, 2009 Cameras soon will show if you have run a red light in Fort Myers at Colonial Boulevard and Summerlin Road. With no formal vote, Lee County commissioners agreed today to install a camera at the …
Jan 7, 2009
Top officials of viatical- and life-settlement company Mutual Benefits were charged in a 25-count indictment. BY PATRICK DANNERMiami Herald–January 6, 2008 Marking the culmination of a more than four-year investigation, federal prosecutors have charged the top officials of one-time Fort …
Jan 7, 2009
On January 6, 2009, the Florida Department of Financial Services, Division of Workers’ Compensation, held a Rule hearing to discuss the following proposed Rules: 69L-24.001: Purpose 69L-24.002: Scope 69L-24.003: Definitions 69L-24.004: Monitoring, Examining and Investigating 69L-24.005: Maintaining and Providing Records …
Jan 7, 2009
On Tuesday, January 6, 2009, the Citizens Mission Review Task Force (“Task Force”) met in Tampa, Florida. Chairman Bruce Douglas called the meeting to order with a quorum of Task Force members in attendance. To view the meeting agenda, click …
Jan 6, 2009
To view a complete story, click on a headline below: First Southern Bank to get $10.9M in TARP money First Southern Bank has become the first South Florida-based bank to receive preliminary approval to receive money from the …
Jan 6, 2009
Citizens Mission Review Task Force Meeting The Citizens Property Insurance Corporation (“Citizens”) Mission Review Task Force will hold a meeting on Tuesday, January 6, at the Tampa Airport Marriott, Tampa, Florida and via teleconference. The call-in number for this meeting …