OIR Alleges Conseco Life Insurance Mismanagement

Dec 23, 2008

The Florida Office of Regulation (“OIR”) issued an Order to Show Cause to Conseco Life Insurance Company (“Conseco”) today, December 23, 2008, alleging that it misled Florida consumers and withheld vital regulatory information.  To view the order, click here. Conseco …

Treasury Provides TARP Funds to Local Banks

Dec 23, 2008

December 23, 2008 Treasury Provides TARP Funds to Local Banks Washington- The U.S. Treasury Department announced today details of a $2.8 billion investment in 49 banks made on Friday, December 19 through its Capital Purchase Program.  Treasury also closed $1.9 …

Florida Battles Annuities, But Why?

Dec 22, 2008

InsuranceNewsNet, Inc.–December 19, 2008 By Steven A. Morelli, Senior Editor Florida has been blaring the sirens on inappropriate annuity sales but there does not appear to be an actual fire. The latest is a bill proposed by state Rep. Clay …

Crist’s health-coverage fix likely isn’t, experts predict

Dec 22, 2008

Orlando Sentinel–December 22, 2008 Anika Myers Palm Sentinel staff writer Disappointment may be in store for those hoping that Gov. Charlie Crist’s Cover Florida health plans will solve the problem of unaffordable health care for the state’s 3.8 million uninsured …

Disability Benefits Could Get Overhaul

Dec 22, 2008

Tampa Tribune–December 22, 2008 By CATHERINE DOLINSKI With thousands of developmentally disabled Floridians and their families protesting cuts to their services, the state Agency for Persons with Disabilities is talking about overhauling its programs. This year, more than 5,000 individuals …

FPCA Homeowners Division Meeting Reminder and Materials: Today

Dec 22, 2008

REMINDER: The next FPCA meeting will be held in-person today, December 22, 2008, starting at 11:00 a.m. at the offices of American Traditions Insurance Company, in Pinellas Park, Florida.  Lunch will be provided. Representative Ron Reagan, Representative Pat Patterson, and …