Following today’s Florida Supreme Court decisions regarding Florida’s Valued Policy Law, Citizens Property Insurance Corporation issued the statement below regarding pending litigation stemming from 2004 storm surge damage. To read a summary of the two Supreme Court cases, click here. …

By Maria Elena Abate, Shareholder Colodny Fass In two unanimous decisions issued today, September 20, 2007, the Florida Supreme Court has directly disapproved a 2004 Fourth District Court of Appeals opinion, Mierzwa v. Florida Windstorm Underwriting Association, 877 So.2d 774, …

Citizens Property Insurance Corporation (“Citizens”) Market Accountability Advisory Committee, Audit Committee and Finance and Investment Committee each met on September 19, 2007.  Following are highlights from the respective meetings:   Market Accountability Advisory Committee • Claims Task Force Update and Month-End …

On September 19, 2007, this office attended a meeting of the Florida Cabinet (Governor, Charlie Crist; Chief Financial Officer, Alex Sink; Attorney General, Bill McCollum; and Agriculture Commissioner, Charles Bronson) in Tallahassee, Florida.  The Cabinet heard from several government organizations …

Following is a press release from the United States House of Representatives Financial Services Committee Regarding the passage of H.R. 2761, also known as the Terrorism Risk Insurance Revision and Extension Act of 2007 (“TRIREA”).  As reported by the Associated …

Recently, Governor Crist’s office has held three “interested parties” meetings to discuss various PIP/No-Fault reform mechanisms prior to the statute’s imminent October 1, 2007 sunset.  This office has attended the meetings and maintained advocacy for a PIP sunset, absent meaningful reform.  In …

Notice of Meeting/Workshop HearingDepartment: Department of Financial ServicesDivision: OIR – Insurance RegulationRule No.: 69O-203.202Subject: This is the Final Public Hearing on the adoption of proposedamendments to Rule 69O-203.202, Military Sales (EX) WGDate/Time: September 19, 2007 at 9:00 a.m., during a …

Notice of Meeting/Workshop HearingDepartment: Department of Financial ServicesDivision: OIR – Insurance RegulationRule No.: 69O-142.200Subject: This is the Final Public Hearing on the adoption of proposedamendments to Rule 69O-142.200, Florida Administrative Code, Unfair Discrimination Because of Travel PlansDate/Time: September 19, 2007 …

Below are the unofficial results of the special general election, held on Tuesday, September 18, 2007 for Florida House District 16. Charles McBurney beat Debra Jahns-Nelson by a margin of nearly 4-1. Below are the unofficial results of a special …

On Tuesday, September 18, 2007, this office attended a public rate hearing for Cincinnati Insurance and Cincinnati Indemnity Companies (“Cincinnati”) in Tallahassee, Florida.  Representatives that were present from the Florida Office of Insurance Regulation (“OIR”) included Belinda Miller, Deputy Commissioner; …