Dec 8, 2010
The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Rates and Forms, Executive Compensation and Operations Committees (“Committee”) met jointly on November 30, 2010 to discuss budgetary issues, form revisions and compensation issues. The meeting materials and agenda are attached …
Dec 7, 2010
Click on a headline to read a complete story: First Home Insurance seeks 39 percent rate hike Add First Home Insurance Co. to the roster of property insurers seeking a hefty rate hike this year. Digging deeper for home …
Dec 7, 2010
Florida House Speaker Dean Cannon announced today, December 7, 2010, that State Representatives Bryan Nelson and John Wood will be Chair and Vice Chair, respectively, of the 2011 Florida House Insurance and Banking Subcommittee of the Economic Affairs Committee. …
Dec 7, 2010
FPCA Automobile Division Members: As discussed at the planning meeting yesterday, we are seeking comments on proposed legislation for the Florida 2011 Regular Legislative Session. Attached are the following documents: Proposed revisions to the PIP statute. The workers’ compensation-style draft legislative proposal …
Dec 7, 2010
To view a complete story, click on a headline: Florida’s 2011-12 budget outlook getting gloomier A legislative economist told the Senate Budget Committee on Tuesday that she expects a predicted $2.5 billion budget gap to widen because the state’s …
Dec 7, 2010
The following news release was issued by the National Conference of Insurance Legislators on December 7, 2010: National Conference of Insurance Legislators applauds Council of State Governments Surplus Lines compact endorsement National Conference of Insurance Legislators …
Dec 6, 2010
As of January 1, 2011, the State of New York will allow domestic insurers to take full financial credit for reinsurance ceded to “approved” unauthorized reinsurers that post less than 100 percent collateral at the discretion of the New …
Dec 6, 2010
In the matter of a 2004 dispute between Sunshine State Insurance (“Sunshine State”) and the Florida Hurricane Catastrophe Fund (“FHCF”), an actuarial panel sided with Sunshine State on its position that recovery of payment of policyholder attorneys’ fees is, …
Dec 6, 2010
The Office of Florida Governor Charlie Crist issued the following news release today, December 6, 2010, in which it was announced that Florida would once again host six post-season college football games in 2011: Governor Crist Applauds Impact of …
Dec 6, 2010
To view a complete story, click on a headline below: Federal judge in Florida rules for Amerisure Mutual Insurance Company in Chinese drywall coverage dispute A federal district court judge in Florida ruled that the liability insurer …