May 21, 2009
On Tuesday, May 19, 2009, the Florida Commission on Hurricane Loss Projection Methodology (“Commission”) reviewed and approved the AIR Worldwide Corporation Atlantic Tropical Cyclone Model V11.0 (“AIR V11.0”) as part of its regular meeting agenda. The following is a brief …
May 21, 2009
On Wednesday, May 20, 2009, the Board of Employee Leasing Companies (“Board”) met to consider employee leasing company applications, controlling person applications, de minimis exemption and registration applications and employee leasing company name changes. The following employee leasing company and …
May 21, 2009
The National Association of Insurance Commissioners (“NAIC”) Summer 2009 National Meeting is scheduled to be held from June 13-16, 2009, in Minneapolis. Major property and casualty, as well as life and health insurance-related issues on the meeting agenda are …
May 21, 2009
Update: The Louisiana Senate amended and passed SB 331 (summarized below) unanimously on third reading today, May 21, 2009. A motion to reconsider the bill was tabled. The bill was re-engrossed and next proceeds to the Louisiana House of Representatives for consideration. …
May 21, 2009
To view a complete story, click on a headline below: Feds rip Fort Lauderdale’s spending for the poor, demand $2.5 million repayment The city bungled the spending of federal money meant for poor people over the past two decades …
May 21, 2009
The Florida Property and Casualty Association (“FPCA”) is in the process of drafting a letter to Florida Governor Charlie Crist requesting his veto of House Bill 1171, which is also known as the “Open Rating Bill.” Optimal timing of the …
May 21, 2009
State Senator Mike Fasano and State Representative Will Weatherford: Governor Crist has Signed Florida New Markets Development Program into Law Senator Mike Fasano and Representative Will Weatherford announce that Governor Charlie Crist has signed HB 485, which creates the Florida …
May 21, 2009
To view a complete story, click on a headline below: Fla. Senator Mike Bennett wants insurance chief to resign Sen. Mike Bennett, R-Bradenton, wrote Insurance Commissioner Kevin McCarty that lawmakers can no longer trust his word after he suggested …
May 21, 2009
The Florida House of Representatives has released its 2009 Session Summary of Legislation Passed Report. To view the Report, click here. It should be noted that, at the time of publication (May 21, 2009), some bills outlined in this Report …
May 21, 2009
Florida Insurance Commissioner Kevin McCarty, along with National Association of Insurance Commissioners representatives, met with Congress members this week to advocate the preservation of state-based insurance regulation. A press release from the Florida Office of Insurance Regulation on the meeting …