Category: Insurance Regulatory News

FHCF Releases Financial Statements and Premium List

Dec 2, 2008

On December 1, 2008, the Florida Hurricane Catastrophe Fund (“FHCF”) released its financial statement report for the year ending June 30, 2008.  The financial statement includes: Independent Auditor Report Management Discussion and Analysis Financial Statements Other Financial Information To view …

FWCIGA Meetings

Dec 1, 2008

FWCIGA Meetings The Florida Workers’ Compensation Insurance Guaranty Association (“FWCIGA”) will hold the following meetings on Monday, December 1 and Tuesday, December 2 in Orlando, Florida. Audit Committee-Monday, December 1 at 3:30 p.m. Investment Committee-Tuesday, December 2 at 8:15 a.m. …

Remarks on U.S. Treasury’s Approach Toward Combating Kleptocracy

Dec 1, 2008

Asst. Sec. O’Brien Prepared Remarks on Treasury’s Approach Toward Combating Kleptocracy December 1, 2008 HP-1300 Prepared Remarks of Assistant Secretary for Terrorist Financing Patrick O’Brien On Treasury’s Approach Toward Combating Kleptocracy Washington, DC–Good afternoon, everyone.  I thank you all for …

OIR Issues NCCI Rate Hearing Notice

Dec 1, 2008

The Florida Office of Insurance Regulation (“OIR”) issued a Notice of Hearing today, December 1, 2008 regarding the National Council on Compensation Insurance (“NCCI”) revised workers’ compensation rate filing.  Details of the hearing are as follows: Date:  Tuesday, December 16 …

Capitol to Courthouse Headliners: Monday, December 1

Dec 1, 2008

  To view a complete story, click on a headline below:   Crist, Fla. banks halt foreclosures for 45 days Florida’s bankers and credit unions announced Monday that they’d suspend foreclosing on homeowners for the next 45 days.   EDITORIAL:  …

Crist Replaces Controversial Work Comp Judge

Dec 1, 2008

Workers’ Comp Central–December 1, 2008 Florida Gov. Charlie Crist issued 11 appointments and reappointments of state judges of compensation claims (JCCs) Wednesday and made good on an earlier pledge to replace controversial Jacksonville JCC William Dane. Crist told Dane last …

NAIC Meeting Updates–November, 2008

Dec 1, 2008

  NAIC November, 2008 Meeting Update Below is a recap of issues discussed during National Association of Insurance Commissioners (“NAIC”) meetings held during the month of November, 2008.  The topics are grouped as follows: General Regulatory Life and Health Workers’ …

Florida Adopts New Ratings-Based Reinsurance Collateral Rule

Dec 1, 2008

On September 16 the Florida Cabinet, sitting as the Financial Services Commission, adopted a potentially far-reaching rule providing for an alternative ratings-based approach to the reinsurance collateral requirement applicable for ceding insurers to take credit for reinsurance. In essence, this …

FWCJUA Meetings

Dec 1, 2008

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 FWCJUA Meetings The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) will hold the following meetings on Monday, December 1 via teleconference. Investment Committee–10:00 a.m. To view the complete meeting agenda, click …