State to pay $224 million to prop up storm insurance fund

Jul 30, 2008

Daytona News-Journal–July 30, 2008 By JIM SAUNDERSTallahassee bureau chief TALLAHASSEE — Gov. Charlie Crist and Florida Chief Financial Officer Alex Sink signed off Tuesday on an agreement to pay $224 million to Berkshire Hathaway Inc. to help prop up a …

U.S. Senate Committee Hearing Report: State of the Insurance Industry

Jul 30, 2008

The United States Senate Committee on Banking, Housing and Urban Affairs (“Committee”) held a hearing yesterday July 29, 2008, to examine the current regulatory and oversight structure of the nation’s insurance industry.  The Hearing, entitled “State of the Insurance Industry: …

Florida Farm Bureau Rate Hearing Report: July 30

Jul 30, 2008

On Wednesday, July 30, 2008, the Florida Office of Insurance Regulation (“OIR”) held a public rate hearing regarding a 28.4 percent overall statewide rate increase requested by the Florida Farm Bureau Casualty and General Insurance Companies (“FFB”).  The officials present …

Florida Farm Bureau Rate Hearing

Jul 30, 2008

> The Florida Office of Insurance Regulation ("OIR") has scheduled public rate hearings for the Florida Farm Bureau. The Florida Farm Bureau hearing is scheduled to take place on Wednesday, July 30, 2008 at 9:00 a.m. in the Senate Office …

Florida Cabinet Meeting Report: July 29

Jul 29, 2008

The Florida Cabinet met July 29, 2008 and considered the following insurance-related governmental agency agendas: Office of Insurance Regulation State Board of Administration Florida Hurricane Catastrophe Fund Finance Corporation During the meeting, Florida Office of Financial Regulation (“OFR”) Commissioner Don Saxon discussed …