Apr 15, 2009
The Florida House of Representatives General Government Policy Council (“Council”) met on Tuesday, April 14, 2009. As part of its agenda, the Council considered two insurance-related bills: House Bill 1171 relating to Residential Property Insurance by the House Insurance, Business …
Apr 15, 2009
The Florida Automobile Joint Underwriting Association Board (“FAJUA”) of Governors (“Board”) met on Tuesday, April 14, 2009, in Miami. Chairman Michael Puchades opened the meeting with an introduction of new member Stephen Hylka, of Liberty Mutual. General Manager’s Report …
Apr 15, 2009
Supplementary information discussed at during the April 9, 2009 Florida Property Casualty Association (“FPCA”) Automobile Division conference call is provided below. (Please click on the corresponding hyperlinks to access each item): 1. An amendment that would require Personal Injury …
Apr 14, 2009
To view a complete story, click on a headline below: New plan woos big insurers Less than three months after State Farm, the state’s largest private property insurer, announced it was abandoning the Florida market, legislators are trying to woo …
Apr 14, 2009
The Florida Department of Financial Services (“DFS”) has advised that its Civil Remedy Notice of Insurer Violations web application has been modified to include a new “Comments” function. This function replaces the “outcome pick list” previously used by insurers to …
Apr 14, 2009
The Florida Cabinet met on Tuesday, April 14, 2009, during which Florida State Board of Administration (“SBA”) Executive Director Ash Williams presented items relating to the Florida Hurricane Catastrophe Fund (“FHCF”). To view the complete meeting agenda, click here. Below is …
Apr 14, 2009
The Florida Automobile Joint Underwriting Association (“FAJUA”) held its Annual Meeting in Miami on Tuesday, April 14, 2009. There were 138 members present, either in person or by proxy, thus establishing a quorum. FAJUA General Manager Eugenia Tyus presented a …
Apr 14, 2009
The Florida Automobile Joint Underwriting Association (“FAJUA”) Finance Committee (“Committee”) met in Miami on Monday, April 13, 2009. Report on Investments Committee Chairman Kevin Leeman reported that Florida’s Special Purpose Investment Account (“SPIA”), a highly liquid, government-pooled account in which …
Apr 14, 2009
By KATHLEEN HAUGHNEY THE NEWS SERVICE OF FLORIDA THE CAPITAL, TALLAHASSEE, April 13, 2009… A politically sensitive game of football has left county clerks’ offices waiting to see who will be in control of their budgets, how much money they …
Apr 14, 2009
The Florida Cabinet meets today, April 14, 2009, at 9:30 a.m. in The Capitol. As part of the agenda, the Florida State Board of Administration (“SBA”) will request authorization for the Florida Hurricane Catastrophe Fund (“FHCF”) to purchase certain financial …