Aug 30, 2010
To view a complete story, click on a headline below: Florida’s massive reinsurance fund is much smaller this storm season The size of Florida’s state-created reinsurance fund has dramatically reduced in size this storm season. Bermuda’s Endurance Speciality …
Aug 27, 2010
Through informal conversations with Florida Office of Insurance Regulation officials, Colodny Fass has learned that the agency may plan to issue an instructional document on the Uniform Mitigation Verification Inspection Form (“Form OIR-B1-1802”) to provide guidance in response to …
Aug 27, 2010
To view a complete story, click on a headline below: Overextension worries Florida’s Citizens Property Insurance Policyholders grow faster than expected The number of Florida homes and businesses insured by Citizens Property Insurance Corp. is growing faster than …
Aug 27, 2010
The National Conference of Insurance Legislators issued the following news release today, August 27, 2010: Washington, DC, August 27, 2010 — With an eye towards broad state consensus, National Conference of Insurance Legislators (NCOIL) President Rep. Robert Damron (KY) yesterday …
Aug 27, 2010
U.S. Federal Reserve Chairman Ben Bernanke delivered his anticipated speech on the economy at the Federal Reserve Bank of Kansas City Economic Symposium in Jackson Hole, Wyoming today, August 27, 2010. The text is reprinted below: The Economic Outlook …
Aug 26, 2010
To view a complete story, click on a headline below: Former Florida Insurance Consumer Advocate Named Florida Department of Veterans’ Affairs Interim Executive Director Governor Charlie Crist today appointed Lt. General Robert F. “Bob” Milligan, USMC (Ret.), as …
Aug 26, 2010
Following is a listing of insurance-related Florida regulatory events for the week of August 30 – September 3, 2010: All times are Eastern Time. Additional information is available via hyperlink were noted in bold type. FLORIDA INSURANCE REGULATORY EVENTS …
Aug 25, 2010
To view a complete story, click on a headline below: Florida regulators investigate rash of sinkhole claims State insurance regulators are investigating what they see as a surge in sinkhole claims outside the traditional “sinkhole alley” in Hernando and …
Aug 25, 2010
The FPCA Automobile Division will be meeting tomorrow, August 26 at 3:30 p.m. at the Fort Lauderdale office of Colodny Fass (CFTKA). Non-members are welcome to attend this meeting. Jeff Atwater, candidate for Florida’s Chief Financial Officer, and Ellyn Bogdanoff, candidate for State Senate …
Aug 25, 2010
An August 25, 2010 hearing requested by the Florida Association of Public Insurance Adjusters (“FAPIA”) on the validity of proposed regulations relating to public adjuster conduct and ethics has been continued upon request by the Florida Division of …