May 15, 2009
A number of insurance-related bills were successfully passed during the recently-concluded 2009 Florida Regular Legislative Session and will become law if not vetoed by Florida Governor Charlie Crist within 60 days of their passage (most of which occurred on, or …
May 15, 2009
Florida Governor Charlie Crist received the following insurance-related bills today, May 15, that passed during the 2009 Regular Session: HB 741 relating to Insurance Premium Financing HB 903 relating to Attorney’s Fees in Workers’ Compensation Cases HB 1495 relating to …
May 15, 2009
During its 2009 Regular Session, the Florida Legislature considered various property insurance proposals, many of which were ultimately contained in House Bill 1495. Florida Governor Charlie Crist signed HB 1495 into law on May 27, 2009, which also became its …
May 15, 2009
On Thursday, May 14, representatives from the Florida Association of Insurance Agents (“FAIA”) and Consumer Federation of the Southeast held a conference call and press conference on the Florida insurance market and 2009 legislative developments. FAIA President Jeff Grady opened …
May 15, 2009
SB 714 To Require Residential Condo Policies To Include $2,000 For Certain Loss Assessment Coverage, Upon Governor’s OK Before its final passage in the Florida House of Representatives on April 29, 2009, by a vote of 114 to 2, the …
May 15, 2009
Monday, May 18 OIR Rule Hearing The Florida Department of Financial Services, Office of Insurance Regulation (“OIR”) has issued a Notice of Development of Rulemaking regarding the following Rule Chapter: 69O-156: Medicare Supplement Insurance Proposed Rule updates to …
May 15, 2009
Washington, DC – Congressman Paul E. Kanjorski (D-PA), Chairman of the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, announced on May 13, 2009 that the Subcommittee will hold a hearing to examine the need …
May 15, 2009
Washington, DC – Rep. Barney Frank (D-MA), chairman of the House Financial Services Committee, announced today the committee will hold a hearing entitled “Legislative Proposals to Improve the Efficiency and Oversight of Municipal Finance” on Thursday, May 21. The …
May 15, 2009
On Thursday, May 14, 2009, the National Association of Insurance Commissioners (“NAIC”) Annuity Disclosure Working Group (“Working Group”) of the Life Insurance and Annuities Committee met to discuss options for the disclosure of guaranty fund coverage to consumers. To view …
May 15, 2009
The National Association of Insurance Commissioners (“NAIC”) International Solvency and Accounting (EX) Working Group (“Group”) met via teleconference on May 14, 2009. The Group is charged with assisting the NAIC Executive Committee’s Solvency Modernization Initiative (EX) Task Force (“Task Force”). …