Apr 13, 2010
Reacting to recent allegations by critics that insurers may be hiding profits by shifting cash to affiliated service providers, a group of state insurance commissioners last week considered – but then rejected – a proposed standard that would have …
Apr 13, 2010
To view a complete story, click on a headline below: New class-size amendment clears state House; will be on November ballot A longtime push to scale back the 2002 class-size amendment scored its biggest victory yet Thursday …
Apr 13, 2010
To view a complete story, click on a headline below: Florida TaxWatch: The Legislature must act on Florida’s hurricane liability While we can repair the damage following storms that may make landfall in Florida this upcoming hurricane …
Apr 13, 2010
Photo: State Representative Ellyn Bogdanoff (above) is the lead Florida House of Representatives negotiator on Senate Bill 1752, the large economic development package passed unanimously by the Senate on March 25. Bill sponsor Senator Don Gaetz represents the Senate on this …
Apr 12, 2010
To view a complete story, click on a headline below: Florida Insurance Commissioner Kevin McCarty: Facts Should Guide Insurance Debate The 2010 Legislative Sessions has featured numerous bills purporting to “fix” the insurance marketplace. Head or …
Apr 12, 2010
In an Informational Bulletin issued today, April 12, 2010, the Florida Office of Insurance Regulation (“OIR”) urged property insurers to carefully analyze their reinsurance and risk transfer programs. The OIR noted that, while it is not requiring the purchase …
Apr 12, 2010
The following commentary appeared in the Orlando Sentinel on April 10, 2010: By Mike Thomas The water is warm, the upper atmosphere is calming, and so the hurricanes are predicted to howl this season. If we get hit hard, …
Apr 12, 2010
The following editorial appeared in The Florida Times-Union (Jacksonville) on April 11, 2010: In the next few weeks, members of the Florida Legislature will have to choose between their heads and their hearts. If they listen to their heads, they …
Apr 12, 2010
The FPCA Homeowners Division will be meeting via teleconference today at 2:00 p.m. to discuss the latest MGA proposal. The call-in number is 800.369.1285; conference code: 81275#. Attached is the latest draft of the MGA proposal that will be presented to …
Apr 10, 2010
Colodny Fass has prepared its annual bill chart to assist in tracking pending priority state-level insurance issues during the 2010 Florida Legislative Session, which runs from March 2 through April 30, 2010. Revised as of April 9, 2010, the …