Category: Florida Department of Financial Services

UPDATE–A copy of the Florida Department of Financial Services Florida Department of Financial Services lawsuit against the officers, directors and affiliates of the Poe Companies is attached for your review, or click here to view the document directly.   Florida …

Florida Chief Financial Officer Alex Sink today, March 14, 2008, announced the fourth arrest in a series of South Florida residents charged with perpetrating a Personal Injury Protection (“PIP”) fraud scheme. Should you have any comments or questions, please do …

On March 6, 2008, Chief Financial Officer Alex Sink sent the attached letter to rating agencies urging a uniform rating system for municipal and corporate bonds.    

Florida Chief Financial Officer (“CFO”) Alex Sink today unveiled 10 proposals to strengthen financial safeguards over investments at the State Board of Administration (“SBA”). In strengthening the oversight of Florida’s investments, CFO Sink’s three goals are to: protect local investors …

Florida Chief Financial Officer (“CFO”) Alex Sink is scheduled to speak today, February 14, 2008, at the United Nations as part of a panel of leading institutional investors at an all-day conference entitled “Investor Summit on Climate Risk.” CFO Sink will join …

On Monday, February 4, 2008, the My Safe Florida Home program (“MSFH”) Advisory Council (“Council”) held its first meeting in Tallahassee, Florida.  MSFH provides home inspections and mitigation grants to qualified single family homeowners.  The purpose of the Council will be …

Florida Chief Financial Officer Alex Sink released news today regarding the first meeting of the legislatively-created My Safe Florida Home (MSFH) Advisory Council to be held on Monday, February 4, 2008, in Tallahassee.  Below is CFO Sink’s press release on …

  The Department of Financial Services (“DFS”) recently held a Proposed Rule Development Workshop on Proposed Rules 69J-7.004, and 69J-7.005, F.A.C. relating to the My Safe Florida Home Program (“Program”). Proposed Rule 69J-7.004 addresses the qualifications and procedures relating to …

  The Department of Financial Services (“DFS”) held a workshop today, Tuesday, January 29, 2008 on Proposed Rule 69J-2.003, F.A.C. entitled “Mediation Procedures for Resolution of Disputed Personal Lines Insurance Claims Arising from the 2004 and 2005 Hurricanes and Tropical …

The Florida Department of Financial Services (“DFS”) is developing a new electronic civil remedy notice form for claimants to use when they notify DFS that they are alleging an insurer has committed statutory bad faith. At a recent DFS Rule …