The U.S. House Financial Services Committee has scheduled the following hearings this week related to credit rating agencies and municipal bond financing (the latter being accomplished specifically through a federal reinsurance proposal): Tuesday, May 19, 2009 (today at 2:00 p.m.):  …

Today, May 18, 2009, the Florida Hurricane Catastrophe Fund (“FHCF”) held a hearing on proposed Rule 19-8.028, entitled Reimbursement Premium Formula.  The purpose of the Rule is to adopt the Premium Formula to determine the Actuarially Indicated Reimbursement Premium, to …

To view a complete story, click on a headline below:   Legislation could mean big changes to insurance in Florida Proposals would allow private firms and state-run Citizens Property Insurance Corp. to raise rates Maybe Don Brown’s hollering in the …

Florida Governor Charlie Crist issued an executive order today, May 18, regarding a special election to be held in Florida Senate District 28.  A primary election is scheduled to be held on June 30, 2009, to fill the seat being …

Michael Young, Senior Director of Mitigation and Regulatory Affairs for Risk Management Solutions, Inc. (“RMS”), has provided the attached RMS Special Report entitled “Analyzing the Effects of the My Safe Florida Home Program on Florida Insurance Risk,” which was issued …

The Florida Cabinet met on Wednesday, May 13, 2009, and considered a request for approval from the Florida Office of Insurance Regulation (“OIR”) to adopt a proposed automobile insurance-related Rule. The proposed Rule would provide that an insurer may not …

To view a complete story, click on a headline below: Florida Senate Publishes County by County Allocations Report The Florida Senate has published the 2009-2010 County by County Report that includes budget allocations by the Full Appropriations Council on Education …

Please Note:   The attached outline has been updated based on FPCA member comments received today.  Please forward additional comments no later than Monday, May 18 at 5 p.m.   The deadline for member feedback on the attached outline that will be …

To view a complete story, click on a headline below:   Florida drought creates state of emergency Gov. Charlie Crist declared a statewide state of emergency Thursday because of extreme drought conditions in central Florida that have made the area …

UPDATE: The deadline for feedback on the attached outline that will be used by the Florida Property and Casualty Association (“FPCA”) to draft a letter to Florida Governor Charlie Crist requesting his veto of House Bill 1171 has been extended …