Category: Insurance Regulatory News

Offshore Insurers’ Tax Situation May Spur Legislation

Dec 11, 2008

National Underwriter BY ARTHUR D. POSTAL NU Online News Service, Dec. 11, 10:29 a.m. EST WASHINGTON —A key senator has requested feedback on proposed legislation that would close a loophole providing a tax advantage to some offshore insurers. The discussion …

Capitol to Courthouse Headliners: Thursday, December 11

Dec 11, 2008

  To view a complete story, click on a headline below:   As Domestic Insurers Multiply, Industry Applauds Florida’s Licensing Florida’s domestic insurers continue to take on a larger and larger role in the state’s property insurance market.   Florida …

Board of Employee Leasing Companies Meeting Report: December 9

Dec 11, 2008

On Tuesday, December 9, 2008, the Board of Employee Leasing Companies (“Board”) met to reconsider the case against Michael A. Stanley, formerly controlling person of HRE, Inc. Licensed as a Professional Employer Organization (“PEO”) with Mr. Stanley as the sole …

FWCJUA Board of Governors Meeting Report and Materials: December 9

Dec 11, 2008

On Tuesday, December 9, the Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) held its quarterly Board of Governors (“Board”) meeting.  Copies of the complete meeting agenda, summary, and materials are attached for your review. The Board adopted its 2009 quarterly …

Citizens Mission Review Task Force Meeting Report: December 10

Dec 11, 2008

On Wednesday, December 10, 2008, the Citizens Mission Review Task Force (“Task Force”) met in Jacksonville, Florida.  Chairman Bruce Douglas opened the meeting after recognizing the attendance of State Representative Alan Hayes (R-Umatilla).  After approving the November 20, 2008 meeting …

Mike Colodny On Behalf of FPCA–St. Petersburg Times: Insurer wants refund

Dec 11, 2008

By Jennifer Liberto, Times Staff Writer Published Thursday, December 11, 2008 St. Petersburg Times ——————————————————————————– TALLAHASSEE — A property insurance company wants a refund from the state’s hurricane catastrophe fund, saying the state charged for backstop insurance it didn’t have …

Capitol to Courthouse Headliners: Wednesday, December 10

Dec 10, 2008

  To view a complete story, click on a headline below:   Tower Hill Insurance Seeks Cat Fund Recalculation Property/casualty insurers in Florida believe they are being overcharged for coverage from the state’s hurricane fund and some of them are …

Premium Tax, Rate and Computation Rule Hearing Report: December 9

Dec 10, 2008

A Rule hearing was held by the Florida Department of Revenue, Miscellaneous Tax Division, on Tuesday, December 9, 2008, regarding proposed amendments to Rule 12B-8.001: Premium Tax; Rate and Computation. The proposed changes would: Include corporation not-for-profit self-insurance and Public …