At a hearing entitled “Streamlining Regulation, Improving Consumer Protection and Increasing Competition in Insurance Markets” held yesterday, March 19, 2013, the U.S. Senate Banking, Housing and Urban Affairs Subcommittee (“Subcommittee”) on Securities, Insurance and Investment heard testimony in support …

  Materials from the 2013 State of the Florida Insurance Market Summit, including summaries and copies of all Summit presentations, speaker biographies, all editions of the daily Summit newsletter and the program agenda are now available online at www.floridainsurancesummit.com. To access …

  During the Florida Cabinet meeting today, March 19, 2013, Florida Governor Rick Scott asked Citizens Property Insurance Corporation (“Citizens”) President and CEO Barry Gilway to follow up on educational efforts being made to inform policyholders of their assessment risk. …

  At its meeting this Friday, March 22, 2013, Citizens Property Insurance Corporation’s (“Citizens”) Board of Governors (“Board”) is scheduled to consider a major revision to its sinkhole rules that would allow broader eligibility for certain properties that have repaired …

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  A bill revising Florida law relating to captive insurance companies, along with legislation that would add a structural engineer to the Florida Commission on Hurricane Loss Projection Methodology were among the proposals approved by the Florida House of Representatives’ …

  At its meeting today, March 19, 2013, the Florida House of Representatives’ Health Quality Subcommittee (“Subcommittee”) unanimously approved HB 605 relating to Workers’ Compensation. Sponsor State Representative Matt Hudson presented his bill, which would require the same rate of …

9:30 a.m.–Florida Office of Insurance Regulation Rule Development Workshop. Proposed changes to the following Rules would adopt annuity mortality tables (recently adopted by the National Association of Insurance Commissioners to create uniformity among states) for use in financial reporting of …

  At the Florida Cabinet meeting tomorrow, March 19, 2013, Citizens Property Insurance Corporation (“Citizens”) President and CEO Barry Gilway will present an outsourcing implementation plan developed in response to a statutory report that was finalized during 2012. To view …

CORRECTION:  The headline above has been corrected to say “House” to reflect that HB 813 is a bill filed with the Florida House of Representatives (not the Senate, as previously stated).   HB 813, which would have created a notice …