First Citizens Mission Review Task Force Meeting Scheduled

Oct 6, 2008

The first meeting of the Citizens Property Insurance Corporation (“Citizens”) Mission Review Task Force (“Task Force”) has been scheduled to take place on Friday, October 10 at the Tampa Airport Marriott and via teleconference.

Agenda items include:

  • Sunshine Law Overview
  • Citizens Overview
  • Reinsurance in the Florida Market
  • Citizens Financial Overview
  • Citizens’ Rates
  • Public Testimony

A copy of the complete agenda is attached for your review.

The Task Force was created to analyze and compile available data and to develop a report setting forth the statutory and operational changes needed to return Citizens to its former role as a state-created, noncompetitive residual market mechanism that provides property insurance coverage to risks that are otherwise entitled but unable to obtain such coverage in the private insurance market.

Date: Friday, October 10, 2008
Time: 10:00 a.m. through 4:00 p.m.
Place: Tampa Airport Marriott
Call-in: 1.866.855.4989

A press release from Citizens detailing Task Force appointments is reprinted below.

Should you have any questions or comments, please do not hesitate to contact Colodny Fass.

Citizens Property Insurance Corporation Mission Review Task Force Meeting Scheduled

TALLAHASSEE, FLA. – The first meeting of the Citizens Property Insurance Corporation Mission Review Task Force has been scheduled and will take place:

DATE AND TIME: 10:00 am (EDT) on Friday, October 10, 2008
PLACE: Tampa Airport Marriott

GENERAL SUBJECT MATTER TO BE CONSIDERED: Items of discussion include, but are not limited to the requirements of the task force as outline in Florida Statute.

Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this workshop/meeting is asked to advise the agency at least 5 days before the workshop/meeting by contacting: Sara Golding at 1-800-807-7647, extension 3874. If you are hearing or speech impaired, please contact the agency using the Florida Relay Service, 1(800)955-8771 (TDD) or 1(800)955-8770 (Voice).

Members of the Task Force by appointing office including county of residence and occupation are:

Governor

Bruce Douglas
Duval County
Chief Executive Officer, Douglas Capital Management

Teri Johnston
Monroe County
Co-owner, Affiliated Designer & Construction Managers

Chip Merlin
Hillsborough County
Managing partner, Merlin Law Group

Chief Financial Officer

Braden Kirk Ball
Escambia County
Fisher Brown, Inc.

Thomas M. Cornish
Miami Dade County
President & CEO
Seitlin Insurance and Advisory Services

President of the Senate

Senator Locke Burt
Volusia County
Ormond Re

Jason Schupp
Schaumburg, IL
Senior Vice President
Zurich North America Insurance Company

Speaker of the House of Representatives

Russell Beck
Orange County
Executive Vice President, St. Johns Insurance Company

Gary Micetich
Glen Allen, VA
Senior Vice President, Markel Corporation

Chairman of Citizens Board of Governors

Sharon Binnun
Leon County
CFO, Citizens Property Insurance Corporation

Office of Insurance Regulation

Belinda Miller
Leon County
Deputy Commissioner Property & Casualty

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