Category: Insurance Regulatory News

> Florida Division of Workers’ Compensation Rule Development Workshop The Florida Department of Financial Services, Division of Workers’ Compensation, has issued a Notice of Development of Rulemaking regarding Rule 69L-7.020: Florida Workers’ Compensation Health Care Provider Reimbursement Manual. Proposed changes …

> NAIC Life Insurance and Annuities Committee On Tuesday, September 9, the National Association of Insurance Commissioners will hold a Life Insurance and Annuities Committee meeting at 2:00 p.m. via teleconference.

> NAIC Reinsurance Task Force On Tuesday, September 9, the National Association of Insurance Commissioners will hold a Reinsurance Task Force meeting at 10:30 a.m. via teleconference. Meeting materials include: August 20, 2008 Exposure Draft – Reinsurance Regulatory Modernization Framework …

Capitol to the Courthouse–September 8, 2008 On Sunday, September 7, 2008, President Bush declared a State of Emergency in the State of Florida and ordered Federal aid to supplement State and local response efforts due to the emergency conditions resulting …

The insurer had sought to raise rates 47 percent By Paul FlemmingTHE ASSOCIATED PRESSFlorida Today–September 6, 2008 Regulators Friday smacked down State Farm’s request to challenge rejection of a proposed 47-percent rate increase. Now Florida’s largest private home-insurance company has …

The Gainesville Sun–September 8, 2008 The Associated Press ORLANDO, Fla. – Emergency officials have opened two disaster recovery centers in southwest Florida to help people affected by Tropical Storm Fay. The centers are in Bonita Springs and Clewiston. Representatives from …

TIME Magazine–September 05, 2008 By MICHAEL GRUNWALD As Hurricane Ike barrels toward South Florida, Americans can be sure they won’t have to endure another catastrophic failure of a hurricane protection system. That’s because South Florida doesn’t have a hurricane protection …

Naples Daily News–September 7, 2008 By ELYSA BATISTA NAPLES — Some Southwest Florida residents, bilked out of thousands of dollars by unscrupulous contractors, are learning the hard way that Florida’s Construction Recovery fund isn’t the fix-all to end-all as they …

The article below was published on August 29 in the Financial Times.  A downloadable copy is attached for your review. Should you have any questions or comments, please do not hesitate to contact Colodny Fass.     Catastrophe bond offerings …

To view a complete story, click on a headline below: President Bush Declares State of Emergency for Florida On Sunday, September 7, 2008, President Bush declared a State of Emergency in the State of Florida and ordered Federal aid to …