Category: Florida Department of Financial Services
Mar 6, 2009
The Florida Department of Financial Services issued the press release below on March 5, 2009 regarding its legal action to prevent People’s Trust Insurance’s Managing General Agent from using unlicensed agents to sell its homeowners insurance. Should you have any questions or …
Feb 3, 2009
On February 2, 2009, the Department of Financial Services (“DFS”), Division of Insurance Agents and Agency Services (“Division”) held a workshop on proposed Rule 69B-162.011 entitled “Suitability and Disclosure in Annuity Contracts-Forms Required.” The proposed Rule implements new requirements of …
Jan 13, 2009
On Tuesday, January 13, 2009, the Florida Cabinet (Charlie Crist, Governor; Bill McCollum, Attorney General; Charles Bronson, Agriculture Commissioner; Alex Sink, Chief Financial Officer) met in Tallahassee, Florida and discussed several insurance-related matters. The following is a brief summary of …
Dec 10, 2008
On Tuesday, December 9, 2008, the Florida Cabinet met in Tallahassee, Florida. Below is a brief overview of pertinent insurance-related actions taken during the meeting. To view the complete meeting agenda, click here. Florida State Board of Administration The October, …
Nov 20, 2008
The Florida Cabinet met on Thursday, November 20, 2008, in Tallahassee, Florida. Below is a brief overview of pertinent discussions that occurred during the meeting. To view the complete meeting agenda, click here. Florida Division of Bond Finance The sale …
Oct 31, 2008
Florida Chief Financial Officer (“CFO”) Alex Sink today, October 31, 2008, appointed Tallahassee attorney Sean Shaw as Florida’s Insurance Consumer Advocate, effective November 17, 2008. Mr. Shaw will replace General Bob Milligan, who previously served as the Insurance Consumer Advocate. …
Oct 29, 2008
During the Florida Cabinet meeting held on Tuesday, October 28, the Financial Services Commission (“FSC”) approved the following Rules presented by the Florida Office of Insurance Regulation for adoption without significant discussion: Proposed Rule 69O-170.0144: Public Hurricane Loss Projection Model …
Oct 22, 2008
The Florida Department of Financial Services (“DFS”) held a Rule Development Workshop (“Workshop”) on October 21, 2008 to discuss proposed changes to Rule Chapter 69B-211. Proposed changes to the following Rules in this Chapter were discussed: 69B-211.110: Purpose 69B-211.120: Scope …
Oct 2, 2008
The Florida Department of Financial Services (“DFS”), Division of Agent and Agency Services has issued a Notice of Proposed Rule Development concerning Rule Chapter 69B-211, Florida Administrative Code, relating to pre-licensing education for insurance representatives. A copy of the Notice …
Sep 24, 2008
The My Safe Florida Home (“MSHF”) Advisory Council is scheduled to meet on Thursday, September 25, 2008. The meeting agenda includes a presentation entitled “The Value and Relevance of the Home Structure Rating System to Florida Communities” to be given …