Rep. Sansom Issues Florida Debt and Budget Recommendations

Jan 9, 2008

On January 8, 2008, the Florida House of Representatives House Policy and Budget Council met to begin planning the State budget for Fiscal Year 2008-2009.  State Representative Ray Sansom summarized budget information presented to the Council in a Memorandum to all …

Senators Review Rate Filings, Cat Fund Savings, My Safe Florida Home

Jan 8, 2008

  On Tuesday, January 8, 2008, the Florida Senate Committee on Banking and Insurance (“Committee”) met and discussed several insurance-related items.  First, Deputy Insurance Commissioner Belinda Miller gave a presentation on the status of property insurance rate filings at the Florida Office …

OIR Viatical Settlement Proposed Rules Draw Concern

Jan 8, 2008

On Monday, January 7, 2007, the Office of Insurance Regulation (“OIR”) held two public hearings relating to viatical settlements.  The first hearing was held on Proposed Rule 690-204.101 relating to Disclosures to Viator Disbursement.  To view the complete text of …

DFS I-Serve System Experiencing Technical Difficulties

Jan 8, 2008

For any companies receiving process service by email from the Florida Department of Financial Services (“DFS”) through its I-Serve system, we have been advised that there has been a problem with DFS’ I-Serve system. DFS has indicated that those served …

Joint Auditing Committee Legislators Question LGIP Red Flags

Jan 7, 2008

On Monday, January 7, 2008, the Florida Joint Legislative Auditing Committee (“Committee”) met in Tallahassee, Florida.  Among other items discussed today were recent issues with the State Board of Administration (“SBA”) Local Government Investment Pool (“LGIP” or “pool”).  To view the …

Citizens Finance & Investment Committee Meeting Report

Jan 7, 2008

The Citizens Property Insurance Corporation (“Citizens”) Finance and Investment Committee (“the Committee”) held a meeting this morning, Monday, January 07, 2008 via teleconference to discuss Citizens’ position in regard to the Florida State Board of Administration’s (“SBA’s”) Local Government Investment …

Capitol to Courthouse Headliners: Monday, Jan. 7

Jan 7, 2008

Click on a headline to read the complete story:   Rubio, Rivera stump for Huckabee in N.H. Mike Huckabee’s staunchest Florida supporters believe his Iowa surprise was enough to catapult him to victory in Florida’s Jan. 29 contest — so …

OIR Proposed Rule Hearing: Provisions of Viatical Settlement Regulation

Jan 7, 2008

The Florida Department Of Financial Services, Office of Insurance Regulation has issued a Notice of Proposed Rule for Rule No: Rule Title69O-204.010: Purpose and Scope69O-204.020: Definitions69O-204.030: Forms Incorporated By Reference69O-204.040: Prohibited Practices69O-204.050: Verification of Coverage69O-204.060: Required Supplemental Annual Transaction Detail69O-204.070: …