May 13, 2010
The Citizens Property Insurance Corporation (“Citizens”) Information Systems Advisory Committee (“Committee”) met on May 12, 2010. To view complete meeting materials, click here. A summary of the meeting discussion follows. Key Projects Update Five vendors have been selected to present …
May 12, 2010
To view a complete story, click on a headline below: Blog: Regulator getting heat for Florida’s property insurance problems Florida Insurance Commissioner Kevin McCarty is taking a beating over the health of the state’s property insurance market, …
May 12, 2010
The Heartland Institute issued the following on May 12, 2010: TALLAHASSEE–A policy analyst at The Heartland Institute today praised Florida Insurance Commissioner Kevin McCarty for supporting property and casualty insurance reform. McCarty has encouraged Gov. Charlie Crist to sign Senate …
May 12, 2010
The FPCA Automobile Division will be meeting via teleconference on Friday, May 21, at 11:00 a.m. The call-in number is 800.369.1285; conference code: 91285#. An agenda for the meeting, as well as minutes from the April 30, 2010 meeting, are …
May 12, 2010
Florida Governor Charlie Crist requested $34.75 million from BP America today, May 12, 2010, for the purpose of financing a marketing campaign by VISIT FLORIDA to counter the “negative, widespread and false” information that potential tourists are receiving about …
May 12, 2010
The United States Department of Health and Human Services (“HHS”) held a May 6 national training session for insurance regulators on the June 1, 2010 implementation of the Early Retiree Reinsurance Program (“Program”), which was established by section 1102 …
May 12, 2010
Prompted by a change in Florida’s Special Disability Trust Fund assessment, the National Council on Compensation Insurance made a May 7, 2010 filing with the Florida Office of Insurance Regulation (“OIR”) that includes a proposed 4.2 percent rate decrease. A May 11 press release …
May 12, 2010
Governor Crist signed various insurance-related bills into law on May 11, 2010. These bills are summarized below. Should you have any questions or comments, please contact Colodny Fass. CS/CS/CS/HB 159 relating to Guaranty Associations HB 159 relating to Guaranty …
May 12, 2010
Audio replay of Florida Insurance Commissioner Kevin McCarty’s May 11, 2010 Cabinet presentation on the Florida property insurance market is available by clicking here, or through the following hyperlink: http://www.myflorida.com/myflorida/cabinet/agenda10/0511/audioindex.html Commissioner McCarty’s presentation begins at the 52 minutes and 00 …
May 11, 2010
A National Insurance Crime Bureau report released on May 10, 2010 shows Florida leading the nation in staged automobile accident complaints. From 2007 to 2009, suspicious claims reported by Florida auto insurers more than doubled. A May 11, 2010 …