May 12, 2011
The following article was published by the Capitol News Service on May 12, 2011: Citizens Opponents Pull Strings for Special Session By Whitney Ray Citizens Property Insurance is buying reinsurance and bonding so it will have enough cash if a …
May 12, 2011
The following article was published in the Florida Current on May 12, 2011: Senator Fasano starts up veo campaign against insurance bill By Gary Fineout A sweeping property insurance bill landed on the desk of Gov. Rick Scott this week. …
May 12, 2011
Hollywood City Commissioner Dick Blattner and Fort Lauderdale City Commissioner Charlotte Rodstrom are the newest members of Broward County’s Metropolitan Planning Organization (“MPO”). The pair were voted chairman and vice chairman, respectively, during the May 12, 2010 MPO Board …
May 12, 2011
Many insurance-related bills were filed during Florida’s 2011 Regular Legislative Session; however, few were actually passed. Colodny Fass has compiled a comprehensive report on significant insurance-related legislation, both successful and unsuccessful. The report is attached in PDF format. Should …
May 12, 2011
The following article was published in Property Casualty 360º on May 11, 2011: Aspen Insurance Receives Florida OIR Nod Aspen Insurance Ltd., has received approval from the Florida Office of Insurance Regulation to post reduced collateral and operate in Florida as …
May 12, 2011
The following article was published in the Bradenton Herald on May 12, 2011: Citizens purchases reinsurance Florida’s state-backed property insurance company is shoring up its ability to pay claims to home and business owners should a major hurricane or series …
May 12, 2011
The following article was published in The Sunshine News on May 12, 2011: Citizens to borrow nearly $1 billion ahead of hurricane season By Gary Rohrer To prepare for a hurricane season, homeowners typically buy shutters, stock up on batteries …
May 12, 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 …
May 11, 2011
At its meeting today, May 11, 2011, Citizens Property Insurance Corporation Board of Governors (“Board”) authorized the purchase of approximately $400 million in private reinsurance to cover its High-Risk Account (“HRA”) for personal residential and commercial residential lines (“PLA/CLA”) …
May 11, 2011
The following is a transcript of U.S. Federal Reserve Chairman Ben S. Bernanke’s Speech on “Dodd-Frank Implementation: Monitoring Systemic Risk and Promoting Financial Stability” given before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, in Washington D.C. …