May 3, 2010
Florida Insurance Commissioner Kevin McCarty released his response today, May 3, 2010, to an April 23, 2010 letter from Florida Chief Financial Officer Alex Sink in which she inquired whether any additional actions may be necessary by the Florida Office …
May 2, 2010
To view a complete story, click on a headline below: Letter: Penalized for fortifying homes against loss? I read in the paper that House Bill 447 and Senate Bill 2044 could allow rate hikes in our property insurance. Rates …
May 1, 2010
To view a complete story, click on a headline below: Paige St. John: Insurance measure aims to cut both ways Bill mostly helps insurers but also gives regulators power In the final hours of their session, state lawmakers Friday …
Apr 30, 2010
“Sine Die” ceremony cancelled–Posted on April 30, 2010 by the St. Petersburg Times’ “The Buzz” Blog Lobbyists, state workers, media, and visitors wait on the fourth and fifth floor of the Capitol rotunda, Friday for the session ending “Sine Die” …
Apr 30, 2010
After being amended and passed in the Senate today by a vote of 37 to 1, SB 2176 was passed unanimously by the House and is ready for presentation to the Governor. The bill, which exempts certain commercial lines …
Apr 30, 2010
The News Service of Florida has reported the list of candidates who filed qualifying papers by the deadline today, April 30, 2010, to run for Florida Congressional seats. The list is reprinted below. Should you have any questions or comments, …
Apr 30, 2010
After their passage by the Florida Legislature, various insurance-related bills were sent to Governor Crist today, April 30, 2010. The Governor has until May 15, 2010 to sign, veto or let these bills become law without his signature. CS/CS/CS/HB …
Apr 30, 2010
Subsequent to today’s passage of SB 2044, the omnibus property insurance bill, Florida Insurance Commissioner Kevin McCarty issued the following statement expressing his appreciation to the Florida Legislature: “I am grateful that the Legislature has addressed some of the cost drivers causing …
Apr 30, 2010
The Florida House of Representatives passed SB 2044 by a vote of 83 to 34 after debating the bill as amended in the Senate earlier today. The bill now goes to Governor Charlie Crist. He will have 15 days to sign, …
Apr 30, 2010
The National Association of Insurance Commissioner’s (“NAIC’s”) Financial Condition Committee (“Committee”) met by teleconference on April 28, 2010, during which it adopted the Committee’s Rating Agency Working Group (“Working Group”) revised final report on risks associated with NAIC reliance on …