The Citizens Market Accountability Advisory Committee (“MAAC”) meeting was held on March 2, 2006 and presided over by new Chairman Andy Martinez. Two main topics were discussed: 1. MAAC’s brochure to consumers;...
Category: Florida News
Citizens Property Insurance Corporation’s (CPIC) recently held a Board of Governors (the “Board”) meeting during which the Board discussed several issues relating to reinsurance and CPIC’s financial...
Gallagher Press Release re Federal Legislation to Create Catastrophe Savings Accounts 3/1/2006
March 1, 2006 GALLAGHER ANNOUNCES FEDERAL LEGISLATION TO CREATE CATASTROPHE SAVINGS ACCOUNTS Gallagher has been promoting accounts since 2004 hurricane season Tom Gallagher, Florida’s chief financial officer,...
Information from the Office of Insurance Regulation re Monroe County Personal Lines Insurance Market 2/28/2006
Below please find the Office of Insurance Regulation’s press release stating that the OIR pilot project conducted in Monroe County has found that Monroe County does not have a competitive residential personal lines...
Department of Financial Services Florida Insurance Fraud: Proposed Rule 69D-2 2/28/2006
On Monday, February 27, 2006, the second workshop on Proposed Rule 69D-2 was held in Tallahassee, Florida. A copy of the proposed rule is here. Assistant general counsels Beverly Hayes and Charles Gowland attended, as well...
Please find Notices of Proposed Rulemaking relating to the following subjects here: (1) Notice of Change for Filing Procedures for Property and Casualty Insurance Rates, Rules, Underwriting Guidelines and Forms; (2) Emergency...
Office of Insurance Regulation re Public Rate Hearing for Homesite Insurance Company of Florida 2/27/2006
Please see information below regarding an upcoming public hearing. Should you have any questions or concerns, please do not hesitate to contact Colodny Fass. 2/27/06 OIR Schedules Homesite Rate Hearing Tallahassee – The...
Department of Financial Services Adjuster Database Available to Assist Florida Insurers with Policyholder Claims 2/21/2006
Please see information below regarding the Adjuster Database from the Department of Financial Services. Should you have any questions or concerns, please do not hesitate to contact Colodny Fass. Adjuster Database...
Insurance Disaster Reporting System – Informational Confidentiality Memorandum 2/20/2006
Information relating to a multi-state effort to collect data for hurricanes Katrina and Rita is here and here. The following states are participating in this effort: Alabama, Florida, Louisiana, Mississippi and Texas. The...
Information from Florida Office of Insurance Regulation re Legislative Priorities 2/17/2006
Please see attachment below in regards to Legislative Priorities released by the Florida Office of Insurance Regulation. Should you have any questions or concerns, please do not hesitate to call Colodny Fass. 2/17/06...