Citizens Issues Investment and Liquidity Overview Statement

Dec 4, 2007

Citizens Property Insurance Corporation (“Citizens”) has issued a comprehensive statement expressing that it is “disappointed” in the recent developments leading to the temporary freezing of assets in Florida’s State Board of Administration (“SBA”) Local Government Investment Pool (“LGIP”). Advising that …

FWCIGA Investment Committee and Board Meeting Recaps

Dec 4, 2007

The Florida Workers’ Compensation Insurance Guaranty Association recently held a meeting of its Investment Committee and its Board of Directors.  Reports on each are below.  To view the notices for each meeting, click on their titles. Should you have any questions …

Embattled state investment chief quits

Dec 4, 2007

BY GARY FINEOUT AND MARC CAPUTO Coleman Stipanovich, the embattled Florida investment chief, announced he’s quitting just days after local governments withdrew a whopping $16 billion from a state fund due to concerns about the wisdom of risky-mortgage investments.”Its time …

Capitol to Courthouse Headliners: Tuesday, Dec. 4

Dec 4, 2007

Click on a headline to read the complete story:   State House committee advances PIP insurance revival for drivers Florida’s no-fault insurance law survived its first vote during a special legislative session Wednesday, with two more panels to weigh in …

Capitol to Courthouse Headliners: Monday, Dec. 3

Dec 3, 2007

Click on a headline to read the complete story:   Crist fires back to Rubio on Seminoles compact Gov. Charlie Crist fired back Monday at House Speaker Marco Rubio’s attempt to throw out the gambling compact with the Seminole Tribe, …

CFO Sink Implements New Tool To Save Money, Improve Service

Dec 3, 2007

Chief Financial Officer Alex Sink announced today that the Florida is the first in the nation to implement the use of a new National Association of Insurance Commissioners (“NAIC”) Web-based application designed to facilitate claimants in an insurance receivership. CFO …