Feb 25, 2009
On Wednesday February 25, 2009, the Florida Office of Insurance Regulation (“OIR”) held a Proposed Rule Hearing on Rule 69O-175.008, F.A.C. Unfair Discrimination in Private Passenger Motor Vehicle Insurance Rates–Based on History of Accidents, which specifically affects Florida law stating …
Feb 25, 2009
To view a complete story, click on a headline below: Bernanke Says Federal Regulators Lack Power Over Insurers Federal regulators lack the power to deal appropriately with insurers and other non-banking institutions that get into the kind of …
Feb 25, 2009
The Florida Workers’ Compensation Insurance Guaranty Association (“FWCIGA”) held an Investment Committee (“Committee”) meeting on February 24, 2009 to hear a report on FWCIGA investments, and review the organization’s investment management structure and bank account. As of December 31, 2008, …
Feb 25, 2009
The News Service of Florida reported on February 24, 2009, that the Florida Department of Juvenile Justice began a volunteer chaplaincy program designed to aid programs impacted by state budget cuts. The article is reprinted below. A list of upcoming …
Feb 25, 2009
FPCA Members: Colodny Fass has been contacted by the President and Executive Director of the Association of Bermuda Insurers and Reinsurers (“ABIR”) regarding proposed legislation being considered by the United States Senate Finance Committee. Namely, House Bill 6969 (proposed …
Feb 25, 2009
U.S. Treasury Releases Terms of Capital Assistance Program February 25, 2009 To view the White Paper, Term Sheet and FAQ, visit www.FinancialStability.gov. Alongside the forward-looking economic assessments now being conducted by the Federal banking agencies, the U.S. Department of …
Feb 25, 2009
Pursuant to the form issued, Citizens Property Insurance Corporation, in cooperation with the Florida Office of Insurance Regulation (“OIR”), has issued a reminder to all qualified insurers that desire to apply for Limited Apportionment Company status that applications must be received …
Feb 25, 2009
To view a complete story, click on a headline below: Crist’s budget boosts schools Using billions of dollars in federal-stimulus money to plug holes, Gov. Charlie Crist released a $66.5 billion budget proposal Friday that would increase funding …
Feb 25, 2009
The Florida Department of Financial Services, Office of Insurance Regulation has issued a Notice of Proposed Rule Development for proposed Rule 69O-189.003: Workers’ Compensation Application and Audit Procedures. The proposed Rule would allow electronic signatures in the application for workers’ compensation …
Feb 25, 2009
The February 2009 edition of the National Conference of Insurance Legislators’ (“NCOIL”) monthly newsletter is enclosed for your review. Articles include: NCOIL Legislator to House Committee: States Should Regulate Credit Default Swaps State Negotiates Controversial Medicaid Policy SEC Headlines NCOIL …