Sep 22, 2017
The U.S. Treasury issued the following news release today, September 22, 2017: “The United States and European Union are pleased to announce the upcoming signature of the EU – U.S. agreement on prudential insurance and reinsurance measures (“the Agreement” hereafter) …
Sep 22, 2017
The Florida Commission on Hurricane Loss Projection Methodology (“FCHLPM”) has scheduled a series of meetings for September 27 and 28, 2017 to discuss the 2017 hurricane standards and the acceptability process. Various administrative aspects of the flood standards adopted this …
Sep 19, 2017
Irma Insurance Claims Already Near $2 Billion The Heaviest Claims Activity was in the half-dozen Counties that form the Southern Tip of Florida: Monroe, Miami-Dade, Broward, Palm Beach, Collier and Lee. THE NEWS SERVICE OF FLORIDA’s Lloyd Dunkelberger reports via …
Sep 19, 2017
Property Insurance Bill Proposed in Florida Senate Moves to Committee State Senator Dorothy L. Hukill (R-Port Orange) thinks the Potential Turmoil Property Owners could face in the aftermath of Hurricane Irma demonstrates the urgent need for the Assignment of Benefits …
Sep 19, 2017
Amid Hurricane Irma recovery efforts, Florida’s Citizens Property Insurance Corporation’s (“Citizens’”) Board of Governors (“Board”) will still convene on September 27, 2017 at 9 a.m. (ET)–but now by conference call instead. Committee meetings and an in-person meeting of the nine-member Board …
Sep 14, 2017
Florida’s Office Of Insurance Regulation Issues Emergency Order David Altmaier, Commissioner of the Florida Office of Insurance Regulation, issued an Emergency Order Wednesday that protects Policyholders from abuse by their Insurance Companies in the aftermath of Hurricane Irma. Malena Carollo …
Sep 14, 2017
With Florida’s Citizens Property Insurance Corporation (“Citizens”) personnel deployed for post-Hurricane Irma activities, the State-run insurer’s Consumer Services Committee meeting scheduled for today, September 14, 2017, has been canceled. The Committee had been scheduled to hear an update on Citizens’ …
Sep 13, 2017
Rick Scott Blocks Insurance Premium Hikes, Cancellations During Irma Recovery Florida Governor Rick Scott has ordered a Three-Month Freeze on Insurance Rate Increases for Homeowners struggling to recover from Hurricane Irma — plus a Three-Month Grace Period for Policyholders who received Non-Renewal …
Sep 12, 2017
Corcoran: After Hurricane Irma, Legislature could immediately convene special session House Speaker Richard Corcoran said the Legislature could “immediately convene” a special session if needed in the wake of Hurricane Irma. Matt Dixon reports for Politico Florida. Legislative Committees Canceled as …
Sep 12, 2017
Florida Governor Rick Scott issued Executive Order 17-235 today, September 12, 2017, providing for various State agency response measures toward recovery in the aftermath of Hurricane Irma. The Executive Order was issued in conjunction with the following news release from the Governor’s …