The recently amended version of Rule 69O-144.007, entitled “Credit for Reinsurance From Certified Reinsurers,” will be on the agenda for final adoption at the scheduled June 14, 2017 Florida Cabinet...
Capitol to Courthouse Florida Insurance Report – Tuesday, May 23, 2017
May 23, 2017
Category Archive - Seminars
Florida Insurer Mt. Beacon Closes Its Doors, Policies Taken Over Call it a sign of the challenges facing Consumers in Florida, where many big National Insurers have largely stopped writing new business and a host of...
American Law Institute’s Proposed Liability Insurance Restatement Could ‘Upend the Insurance Market’
May 22, 2017
Category NCOIL
A restatement of the American Law Institute’s (“ALI’s”) Proposed Liability Insurance Restatement “violates legislative prerogative,” said National Conference of Insurance Legislators...
Florida State Board of Administration Trustees Schedule Florida Hurricane Catastrophe Fund Review Tomorrow, May 23, 2017
May 22, 2017
Category Florida Hurricane Catastrophe Fund
The Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council approved the May 2017 Claims Paying Capacity Estimates at its May 18, 2017 meeting last week. The resulting report issued by...
Florida Commission on Hurricane Loss Projection Methodology Determines Acceptability Under 2015 Standards
May 22, 2017
The Florida Commission on Hurricane Loss Projection Methodology (“FCHLPM”) has determined that all models presented at its recent May 10-12, 2017 meeting are acceptable under the 2015 FCHLPM Standards. To...
Capitol to Courthouse Florida Insurance Report – Monday, May 22, 2017
May 22, 2017
Category Archive - Seminars
Officials Worry About Drug Overdoses at Hurricane Shelters Local Officials are raising concerns about Drug Use at Hurricane Shelters, saying they aren’t equipped to care for addicts, unaccompanied minors and...
Capitol to Courthouse Florida Insurance Report – Friday, May 19, 2017
May 19, 2017
Category Archive - Seminars
Florida Office of Insurance Regulation Veteran Belinda Miller Announces Retirement Belinda Miller, a Stalwart of Florida’s Insurance Regulation Efforts since 1985, will Retire on July 2. Michael Moline...
Capitol to Courthouse Florida Insurance Report – Thursday, May 18, 2017
May 18, 2017
Category Archive - Seminars
Florida Residents Get Reminder To Be On Guard During Hurricane Season Hurricane Experts at a Wednesday event reminded Floridians to stay prepared for Hurricanes by taking steps such as maintaining Emergency Kits and...
Capitol to Courthouse Florida Insurance Report – Wednesday, May 17, 2017
May 17, 2017
Category Archive - Seminars
Florida’s Private Flood Insurance Market is a Template for the Country With Congress set to Deliberate this Summer and Fall on how best to restructure the Federal Program, which Americans have relied on...
Capitol to Courthouse Florida Insurance Report – Tuesday, May 16, 2017
May 16, 2017
Category Archive - Seminars
Florida Suffers Hottest First Four Months in 122 Years Florida’s average temperature was the Highest on Record for the First Four Months of 2017 as the State suffers widespread Brush Fires and Drought. ...