Jun 10, 2011
With Alabama Governor Robert Bentley’s approval of legislation yesterday, June 9, 2011, Alabama became the eighth state to join the Surplus Lines Insurance Multi-State Compact (“SLIMPACT”). Kentucky, New Mexico, North Dakota, Indiana, Kansas, Vermont and Rhode Island have also enacted SLIMPACT legislation. Adopted in November …
Jun 10, 2011
The Maryland Insurance Administration has issued its 2011 Report on the Use of Territories as a Rating Factor in establishing private passenger automobile insurance rates to the Maryland General Assembly. This annual, statutory report contains information on the …
Jun 10, 2011
Following is a listing of insurance-related Florida regulatory events for the week of June 13-17, 2011: All times are Eastern Time (“ET”). Additional information is available via hyperlink where noted in bold type. FLORIDA INSURANCE REGULATORY EVENTS Tuesday, June …
Jun 10, 2011
Florida Property and Casualty Association Homeowners Division: UPDATE — A call-in number is available for those who cannot attend the June 14 meeting with the Florida Office of Insurance Regulation in person. To participate in the teleconference, dial 850-413-1591 and …
Jun 10, 2011
To go directly to the section of your choice, click on a hyperlink below. Other hyperlinks to meeting information, bills and news are noted in bold type. Daily Florida Insurance-Related Events Daily Insurance-Related News Daily Florida Insurance-Related …
Jun 9, 2011
Federal Emergency Management Agency (“FEMA”) Administrator Craig Fugate testified today, June 9, 2011, on the reauthorization of the National Flood Insurance Program (“NFIP”) during a hearing before the United States Senate Banking, Housing and Urban Affairs Committee (“Committee”) in …
Jun 9, 2011
To view a complete story, click on a headline below: Broward names interim schools chief With little interest to temporarily fill Broward’s top job, the School Board on Tuesday appointed the district’s chief operating officer to take over …
Jun 9, 2011
The Florida Commission on Hurricane Loss Projection Methodology (“FCHLPM”) is scheduled to meet on June 16, 2011 to continue reviewing for approval models submitted under the FCHLPM 2009 Standards to Determine Acceptability. The models set to be reviewed are EQECAT, Inc.’s EQECAT …
Jun 9, 2011
The U.S. Federal Reserve issued the following news release today, June 9, 2011: Agencies Seek Comment on Stress Testing Guidance The Federal Reserve Board, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation are …
Jun 9, 2011
FLORIDA INSURANCE GUARANTY ASSOCIATION, Appellant, v. JAMES SMOTHERS, Appellee. No. 4D09-4597. District Court of Appeal of Florida, Fourth District. June 8, 2011. MAY, J. The Florida Insurance Guaranty Association (FIGA) appeals an award of attorney’s fees against …