Jul 22, 2009
REMINDER: Voting for the Eighth Annual Reactions Magazine Global Awards is underway. Reactions is currently circulating a short survey to determine the best firms and people in the global insurance industry. Voting categories include insurance, reinsurance, and broking firms, …
Jul 22, 2009
WASHINGTON – With 2009 now half over, the Internal Revenue Service reminds taxpayers to take advantage of the numerous tax breaks made available earlier this year in the American Recovery and Reinvestment Act (ARRA). The recovery law provides tax …
Jul 22, 2009
The United States House Committee on Financial Services held a hearing entitled “Systemic Risk: Are Some Institutions Too Big to Fail, and If So, What Should We Do About It?” on Tuesday, July 21, in Washington, D.C. The following witnesses …
Jul 21, 2009
To view a complete story, click on a headline below: Crist grateful for stimulus cash, but says more is not needed Saying 26,000 teachers’ jobs have been saved, Gov. Charlie Crist touted the federal stimulus package Wednesday …
Jul 21, 2009
To view a complete story, click on a headline below: Florida’s Denial of State Farm 47% Rate Hike Again Upheld A court has upheld Florida Insurance Commissioner Kevin McCarty’s denial of a 47.1 percent home insurance rate hike …
Jul 21, 2009
Federal agencies have proposed five new questions and answers for incorporation into the Interagency Questions and Answers Regarding Flood Insurance (2009). The questions relate to the determination of insurable value in calculating lender-required flood insurance and the timing of forced placement coverage. …
Jul 21, 2009
Without issuing a final opinion, the First District Court of Appeal affirmed a January 12 final order by Florida’s Insurance Commissioner saying that State Farm Florida failed to show that its previously requested rate increase was not “excessive, inadequate, or unfairly discriminatory.” Reprinted below, …
Jul 21, 2009
The attached documents containing content for the Florida Property Casualty Association (“FPCA”) Website have been provided by Boardroom Communications as supplement to this morning’s meeting.
Jul 21, 2009
Chairman Ben S. Bernanke gave his Semiannual Monetary Policy Report to the United States Congress before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C. today, July 21, 2009. The text of his remarks is reprinted below: Chairman …
Jul 21, 2009
The Florida Office of Insurance Regulation has issued a Notice of Rulemaking Development regarding Rule 69O-170.0144, entitled “Public Hurricane Loss Projection Model Fee Schedule.” A copy of the Notice is attached. The proposed Rule text will be provided as soon …