Category: Insurance Regulatory News
May 13, 2010
The Citizens Property Insurance Corporation (“Citizens”) Information Systems Advisory Committee (“Committee”) met on May 12, 2010. To view complete meeting materials, click here. A summary of the meeting discussion follows. Key Projects Update Five vendors have been selected to present …
May 12, 2010
To view a complete story, click on a headline below: Blog: Regulator getting heat for Florida’s property insurance problems Florida Insurance Commissioner Kevin McCarty is taking a beating over the health of the state’s property insurance market, …
May 12, 2010
The Heartland Institute issued the following on May 12, 2010: TALLAHASSEE–A policy analyst at The Heartland Institute today praised Florida Insurance Commissioner Kevin McCarty for supporting property and casualty insurance reform. McCarty has encouraged Gov. Charlie Crist to sign Senate …
May 12, 2010
Florida Governor Charlie Crist requested $34.75 million from BP America today, May 12, 2010, for the purpose of financing a marketing campaign by VISIT FLORIDA to counter the “negative, widespread and false” information that potential tourists are receiving about …
May 12, 2010
The United States Department of Health and Human Services (“HHS”) held a May 6 national training session for insurance regulators on the June 1, 2010 implementation of the Early Retiree Reinsurance Program (“Program”), which was established by section 1102 …
May 12, 2010
Prompted by a change in Florida’s Special Disability Trust Fund assessment, the National Council on Compensation Insurance made a May 7, 2010 filing with the Florida Office of Insurance Regulation (“OIR”) that includes a proposed 4.2 percent rate decrease. A May 11 press release …
May 11, 2010
The Miami Herald published the following on May 10, 2010: Fitch Upgrades Florida Hurricane Catastrophe Fund Finance Corp. to ‘AA’ NEW YORK — Fitch Ratings assigns an ‘AA’ rating to the following Florida Hurricane Catastrophe Fund (FHCF) Finance Corp bonds: …
May 11, 2010
The Herald Tribune published the following on May 11, 2010: By Paige St. John TALLAHASSEE – Insurance Commissioner Kevin McCarty today was chided by Chief Financial Officer Alex Sink for his handling of an insurance company that was allowed to …
May 11, 2010
The Miami Herald published the following on May 11, 2010: BY PATRICIA MAZZEI pmazzei@MiamiHerald.com The Broward School Board, which in January voted not to take part in Florida’s application for millions of federal dollars for education reform, will have a …
May 11, 2010
The Miami Herald Publlishedd the following on May 11, 2010: By CHRISTINE ARMARIO Associated Press Writer DAVIE, Fla. — Professor Derron Bowen teaches high school math to college students, patiently chalking equations on the board on basic arithmetic topics such …