Proposed revisions to two statutory forms related to insurance credit for property mitigation were reviewed at a two-hour workshop held on August 18, 2009 by the Florida Office of Insurance Regulation (“OIR”). To view the meeting notice, click here. Form …

Florida Insurance Commissioner Kevin McCarty announced today, August 21, 2009, that the latest rate filing from the National Council on Compensation Insurance “NCCI” for workers’ compensation insurance rates includes an overall average rate decrease of 6.8 percent statewide, which would …

The Florida Office of Insurance Regulation (“OIR”) held a Rule Development Workshop on August 20, 2009 regarding proposed Rule 690-170.0144, entitled “Public Hurricane Loss Projection Model Fee Schedule.”   OIR Attorney Laura Parsons presided over the Workshop and provided brief opening …

U.S. Federal Reserve Chairman Ben S. Bernanke addressed the Federal Reserve Bank of Kansas City’s Annual Economic Symposium in Jackson Hole, Wyoming today, August 21, 2009.  The text of his remarks is below: Reflections on a Year of Crisis By …

  To view a complete story, click on a headline below:   Florida Hearing on Citizens Insurance Rates for 2010 Postponed A Florida hearing into rate changes for Citizens Property Insurance Corp. for next year that had been scheduled for …

By PHILIP ELLIOTT The Associated Press Aug. 20, 2009 — Vice President Joe Biden says despite recent “political turmoil” the nation has never been closer to substantial health care reform. Biden spoke in Chicago on Thursday and sidestepped the question …

BY BETH REINHARD breinhard@MiamiHerald.com Aug. 20, 2009 — HAND OUT Florida Congressman Alcee Hastings, of Miramar, will be at the town hall meeting on Thursday. Deluged with calls for weeks, the Florida Alliance for Retired Americans (FLARA) turned its annual …

BY CURTIS MORGAN cmorgan@MiamiHerald.com Hurricane Bill weakened slightly to a Category 3 early Thursday — packing 125 winds — but forecasters warned the powerful storm could grow stronger by day’s end. The season’s first major hurricane posed the most serious …

By DAVID G. SAVAGE Tribune Washington Bureau Aug. 20, 2009 — President Teddy Roosevelt campaigned as a trust-busting reformer, but was embarrassed by revelations that his 1904 campaign had received secret contributions from New York insurance companies. Shamed into action, …

The public rate hearing for Citizens Property Insurance Corporation (“Citizens”) that was previously scheduled for Aug. 25, 2009 in Tallahassee has been postponed. A new date has not been set. The Florida Office of Insurance Regulation (“OIR”) postponed the meeting …