FPCA Homeowners Division Members: Attached please find a description of a Florida Community Restoration and Repair Program (FCRRP) and proposed legislation to create the FCRRP.  Please review these documents and provide any comments to Katie Webb (kwebb@cftlaw.com).  

FPCA Homeowners Division Members: The Florida Hurricane Catastrophe Fund (FHCF) has reached out to the FPCA to confirm that the revised Statement of Estimated Regulatory Cost (SERC), Proof of Loss Report form and Instructions address Members’ concerns before the approval and implementation process for …

  The Florida Division of Workers’ Compensation (“DWC”) advised yesterday, February 7, 2011, that its Proof of Coverage database has been updated to include additional information on each employer, including the number of reported employees, the governing classification code and the scope of business …

  In addition to the “Sinkhole Compensation Fairness Act,”  which is based on asbestos claims litigation-related Florida legislation enacted in 2005, other ideas on how to legislatively combat Florida’s sinkhole “tail” claims crisis have been circulating recently. A proposal on …

The following news release was issued by the New Jersey Department of Banking and Insurance on February 8, 2011: Commissioner Considine Named NAIC Reinsurance Task Force Chairman, and Vice Chair Life Insurance and Annuities Committee   New Jersey Department of …

  In a report issued yesterday, February 7, 2011, an Eleventh Circuit Court Miami-Dade Grand Jury states that, by capturing the $2 billion in sales tax revenue that is currently in the possession of merchant tax collectors, the Florida Department …

The following article was published in the Bradenton Herald on February 8, 2011: Lawmakers delay action on insurance bill By Brent Kallestad www.bradenton.com TALLAHASSEE — A Senate committee delayed voting Monday on a proposed property insurance bill designed to crack …

The following article was published in the Insurance Journal on February 8, 2011: Florida Senate Looking to Expand Commercial Deregulation By Michael Adams   www.insurancejournal.com The Florida Senate and Banking Insurance Committee has approved a bill that would deregulate a …

The following article was published in Insurance News on February 8, 2011: Mercury Insurance Suffers $23.6M Net Loss www.insurancejournal.com Due in part to claims from California rainstorms and Florida sinkholes, Los Angeles-based Mercury Insurance reported a fourth quarter net loss …

The following article was posted to CNN’s news website on February 8, 2011: Chinese company begins drywall remediation By Rich Phillips www.cnn.com Eleanor Aguilar pounded a hole in her living room wall on Monday. You might say it was a …