NAIC Catastrophe Reserve Working Group Formed

Apr 18, 2008

The National Association of Insurance Commissioners (“NAIC”) Property and Casualty Insurance Committee (“Committee”) has announced the formation of a Catastrophe Reserve Working Group (“Working Group”).  Working Group members include: Joseph Fritsch, New York (Working Group Chairman) John Purple, Connecticut Kevin …

Insurance-Related Meetings for the Week of April 21-25

Apr 18, 2008

Legislative Meetings Monday, April 21 The Joint Revenue Estimating Impact Conference will hold a meeting on Monday, April 21, 2008 starting at 8:00 a.m. in Room 117 of the Knott Building, The Capitol, Tallahassee, Florida. Insurance-related bills scheduled to be …

Three Insurance Bills Near Final Passage in House Today

Apr 18, 2008

Today, April 18, 2008, the full House of Representatives will consider the following insurance-related bills on third reading for final passage:  HB 565 relating to Insurance Representatives SB 648 relating to Insurable Interest/Insurance Contracts SB 2534 relating to Health Insurance More information …

Reminder: FPCA Automobile Division Meeting April 18

Apr 18, 2008

Reminder: A Florida Property and Casualty Association Automobile Division meeting is scheduled for Friday, April 18, 2008 at 11:00 a.m. The call-in number is (800) 369.1285; conference code 71971#. Should you have any questions or comments, please do not hesitate …

Florida Cabinet Meeting Report: April 15

Apr 17, 2008

On Tuesday, April 15, 2008 the Florida Cabinet (“Cabinet”) met in Tallahassee, Florida and discussed several insurance-related matters as part of its regular agenda. The following is a brief summary of the Cabinet discussions and actions on pertinent matters. To …

OPINION: Dangerous winds blowing in Tallahassee

Apr 17, 2008

Bradenton Herald–April 17, 2008 One of our local legislators has a sign hanging in his office that reads “Your life, liberty and property are at risk whenever the Legislature is in session.” After my recent trips to Tallahassee and Washington …

Senate solidly behind Citizens rate freeze

Apr 17, 2008

Palm Beach Post–April 17, 2008 By MICHAEL C. BENDERPalm Beach Post Staff Writer TALLAHASSEE — Citizens Property Insurance rates would be frozen for the third consecutive year, and private insurers would have to base premiums on state-approved hurricane predictions under …