Following is a listing of insurance-related Florida regulatory events for the week of October 4-8, 2010: All times are Eastern Time.  Additional information is available via hyperlink were noted in bold type.   FLORIDA INSURANCE REGULATORY EVENTS        Tuesday, October 5 Florida …

The FPCA Homeowners Division will be meeting via teleconference on Thursday, October 14 at 2:00 p.m.  The call-in number is 800.369.1285; conference code:  36274#.  Meeting materials will be forthcoming. Should you have any questions, please contact Katie Webb (kwebb@cftlaw.com).  

  The following insurance-related bills passed during Florida’s 2010 legislative session become effective today, October 1, 2010.  These bills extend exemptions to records from the Florida public records and meetings laws. The Open Government Sunset Review Act requires the legislature …

  To view a complete story, click on a headline below:   Blog:  Sunshine State Insurance proposes 25 percent rate hike Regulators will question Sunshine State Insurance Co. today about its request to raise rates by an average 25 percent …

The U.S. Internal Revenue Service (“IRS”) issued tax relief guidelines today, September 30, 2010, for homeowners affected by corrosive drywall. The amount of a loss that may be claimed depends on whether the taxpayer has a pending claim for reimbursement …

  U.S. Federal Reserve Chairman Ben Bernanke addressed the U.S. Senate Committee on Banking, Housing, and Urban Affairs on the status of regulatory reform implementation Washington, D.C. today, September 30, 2010 in Washington, D.C.  His remarks follow: Chairman Dodd, Ranking …

U.S. Treasury Deputy Secretary Neal Wolin offered the following written testimony entitled “Implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act” on September 29, 2010 to the U.S. Senate Banking Committee: Chairman Dodd, Ranking Member Shelby, and members of …

  To view a complete story, click on a headline below:   News Release:  Florida Insurance Commissioner Addresses Reinsurance Professionals in Bermuda Yesterday the Florida Insurance Commissioner was in Bermuda to address the Board of Directors for two prominent reinsurance …

A Florida Hurricane Catastrophe Fund (“FHCF”) Rule Development Workshop (“Workshop”) is being held today, September 29, 2010 to review updates to the FHCF’s 2011/2012 Reimbursement Contract, Premium Formula, and Insurer Reporting Requirements and Responsibilities Rules.  To view the agenda, click …

    The National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force (“Task Force”) has scheduled an October 5, 2010 meeting to continue discussion on a new proposal designed to address federal surplus lines reform as provided in …