Category: Legislative Updates

  Federal Emergency Management Agency Administrator Craig Fugate will once again testify on the Biggert-Waters Flood Insurance Reform Act of 2012 tomorrow, November 19, 2013, at a U.S. House Financial Services Housing and Insurance Subcommittee hearing entitled “Implementation of the …

Financial Services Subcommittee Holds Hearing on TRIA Renewal At the U.S. House Committee on Financial Services’ Housing and Insurance Subcommittee (“Subcommittee”) hearing today, November 13, 2013, Ranking Member Maxine Waters (D-CA) called for the quick, clean and long-term renewal of …

  The Florida Senate Banking and Insurance Committee (“Committee”) met today, November 5, 2013, to hear presentations related to Citizens Property Insurance Corporation (“Citizens”) takeouts and the implementation of the Citizens Clearinghouse.  Additionally, the Committee held a discussion related to …

  The Florida House of Representatives Insurance and Banking Subcommittee (“Subcommittee”) met today, November 5, 2013.  Florida Insurance Commissioner Kevin McCarty made a presentation to the Subcommittee on workers’ compensation rate regulation in Florida, explaining the Florida Office of Insurance Regulation’s (“OIR”) …

  On the one year anniversary of Superstorm Sandy, a bipartisan coalition of 57 members of the U.S. House of Representatives have introduced legislation intended to fix the National Flood Insurance Program (“NFIP”) and ensure changes are implemented affordably, according …

Congresswoman Maxine Waters, Ranking Member of the U.S. House Financial Services Committee, has announced a bipartisan legislative solution to fix the National Flood Insurance Program (“NFIP”) and ensure changes are implemented affordably.  In essence, the legislation calls for a four-year …

  The Florida Senate Committee on Banking and Insurance (“Committee”) met yesterday, October 8, 2013, during which legislators heard presentations from the Florida Office of Insurance Regulation (“OIR”), the Florida Division of Emergency Management and the Florida Realtors Association.  Comments were …

  Citizens Property Insurance Corporation (“Citizens”) President and CEO Barry Gilway gave a presentation on non-catastrophe loss experience and insurance coverage issues before the Florida House of Representatives’ Insurance and Banking Subcommittee (“Subcommittee”) today, October 8, 2013.  Click here and …

  State Representative Jake Raburn filed HB 143 relating to the Florida Insurance Guaranty Association (“FIGA”) today, October 4, 2013. The bill, which substantially amends s. 631.57, F.S., would revise FIGA’s duties, authorizing it to collect regular and emergency assessments …

  State Representative Jake Raburn, whose district is located within Florida’s “Sinkhole Alley,” filed HB 129 relating to Insurance yesterday, October 2, 2013.  The bill, which would amend s. 627.351, F.S., would require Citizens Property Insurance Corporation (“Citizens”) to submit …