The Florida Department of Financial Services’ Division of (Insurance) Agent and Agency Services (“Division”) advised today, April 4, 2014, that it has initiated development for proposed Rule...
Category: Florida Department of Financial Services
Florida CFO Jeff Atwater Announces ‘Operation Flames and Floods’ Arrests In Multi-Million Dollar Insurance Fraud
February 4, 2014
Florida Chief Financial Officer Jeff Atwater announced the arrests of 14 individuals today, February 4, 2014, following a joint investigation between the State Fire Marshal’s Office and the Miami-Dade Police...
Demotech Offers Opinion to Florida CFO Jeff Atwater on Reinsurance Cost Savings Question
November 13, 2013
Suggesting that the cost of repairs relating to damage claims has contributed to the steady increase in Florida insurance rates, Demotech President Joe Petrelli offered his “unsolicited response” to the second of...
Insurers Must Give Commercial, Residential Property First-Party Claimants Notice of Right to Participate In Florida Mediation Program, Proposed Rules Say
November 7, 2013
The Florida Department of Financial Services (“DFS”) Division of Consumer Services advised today, November 7, 2013, that proposed amendments to Rule 69J-166.002, “Mediation of Commercial Residential...
Florida CFO Jeff Atwater Requests Reinsurance Cost Savings Analysis from Florida Insurance Commissioner By December 18
October 29, 2013
Reiterating his concerns that Florida’s property insurers are still not passing along their reinsurance cost savings to consumers, Florida Chief Financial Officer Jeff Atwater once again wrote to Florida Insurance...
Florida Rules on Insurance Agent Criminal Proceeedings, Temporary Bail Bond Agent Monthly Employment Reports Effective November 6
October 22, 2013
The Florida Department of Financial Services’ Division of Agent and Agency Services advised today, October 22, 2013, that Rules 69B-231.150 and 69B-221.051, pertaining to administrative actions against licensees...
Florida Insurance Consumer Advocate Robin Smith Westcott Resigns for Private Sector Position
September 26, 2013
In a September 24, 2013 letter to Florida Chief Financial Officer Jeff Atwater, Robin Smith Westcott announced her resignation from her position as Florida Insurance Consumer Advocate. The information became public...
Florida Insurance Consumer Advocate Among Notables Submitting Comments on Federal Insurance Office National Catastrophe Study
September 4, 2013
At least 47 prominent insurance industry entities and consumer advocate organizations have submitted comments on a pending Federal Insurance Office (“FIO”) study of the U.S. natural catastrophe insurance...
Proposed Amendments to Florida Insurance Licensee Administrative Actions Rule Set for September 12 Hearing, If Requested
August 23, 2013
The Florida Department of Financial Services’ Division of Agent and Agency Services advised that it has published a Notice of Proposed Rule for Rule 69B-231.150, relating to administrative actions against...
Florida Unclaimed Property Auction in Ft. Lauderdale August 24-25; Claim Your Property Before It’s Sold!
August 23, 2013
Are you or your family missing any valuables? Interested in buying some? If you’re a Floridian, or have a family member who has lived in Florida, there’s a chance CFO Jeff Atwater may be holding unclaimed...