Jun 16, 2009
The Florida Department of Financial Services (“DFS”), Division of Agent and Agency Services has issued a Notice of Proposed Rule regarding the following Rule: 69B-162.011: Suitability and Disclosure in Annuity Contracts-Forms Required The proposed Rule would adopt an Annuity Suitability …
Jun 15, 2009
The Office of Florida Governor Charlie Crist issued the following press release today, June 15, 2009: Governor Crist Signs Legislature’s Parameters for Historic Gaming Compact with Seminole Tribe of Florida ~ Estimated to provide billions of dollars to support education …
Jun 15, 2009
The Citizens Property Insurance Corporation (“Citizens”) Claims Committee (“Committee”) met via teleconference on Monday, June 15, 2009. In a follow-up to a discussion held during the Committee’s March 31, 2009, meeting, member Lance Malcolm presented an update of the non-catastrophe …
Jun 15, 2009
On Monday, June 15, 2009, the Louisiana Citizens Property Insurance Corporation (“Citizens”) closed its Web site portal used by insurance agents to transfer policies from Citizens to private insurers. In 2007, the Louisiana Legislature created the Insure Louisiana Incentive Program …
Jun 15, 2009
To view a complete story, click on a headline below: Citizens raises roof on policies Thousands of homeowners in Volusia and Flagler counties could lose their wind-only home insurance if their roofs are too old or damaged. Insurance rates …
Jun 15, 2009
The Office of Florida Governor Charlie Crist issued the following press release today, June 15, 2009: ~ House Bill 7141 increases access to Florida ports while maintaining strict security standards already in place ~ FORT LAUDERDALE – Governor Charlie Crist …
Jun 15, 2009
In a press release issued on June 12, 2009, the American Association of Managing General Agents (“AAMGA”) recognized Colodny Fass for leadership in the 2009 passage of House Bill 853 into Florida law. The new law will rectify the Florida Supreme …
Jun 13, 2009
The Florida Hurricane Catastrophe Fund (“FHCF”) held its Ninth Annual Participating Insurers Workshop in Orlando, Florida on June 11 and 12, 2009. The Workshop information and agenda can be viewed by clicking here. An event summary is below: FHCF Chief …
Jun 13, 2009
The National Association of Insurance Commissioners (“NAIC”) will hold its Summer 2009 National Meeting on Saturday, June 13, through Tuesday, June 16, at the Minneapolis Convention Center, Minneapolis. To view the meeting preview, click here. PLEASE NOTE: The Suitability of …
Jun 12, 2009
The Florida Department of Financial Services (“DFS”), Division of Agent and Agency Services issued a notice providing instructions for insurance agency license renewals. Florida Law requires all licensed insurance agencies to renew their license every three years. Agency licenses must …