Jul 15, 2009
The U.S. House Financial Services Committee Subcommittee on Housing and Community Opportunity will hold a hearing entitled “Legislative Options for Preserving Federally-and State-Assisted Affordable Housing and Preventing Displacement of Low-Income, Elderly and Disabled Tenants” on Wednesday, July 15, starting at …
Jul 14, 2009
During the 2009 Summer Meeting, the National Conference of Insurance Legislators (“NCOIL”) adopted the attached Resolution Favoring Continued State-Based Insurance Consumer Protection. An NCOIL press release regarding adoption of the Resolution is printed below. NCOIL REAFFIRMS STATES BEST SERVE …
Jul 14, 2009
Bloomberg News Insurance regulators are too dependent on ratings firms and need alternatives to companies like Standard & Poor’s and Moody’s Investors Service, said New York’s chief industry watchdog, Kermitt Brooks. “We’ve relied too much on rating agencies and in …
Jul 14, 2009
To view a complete story, click on a headline below: Miami-Dade property tax hike possible Amid a record drop in real estate values, does Miami-Dade County Mayor Carlos Alvarez think a property tax increase is necessary to balance the budget? …
Jul 14, 2009
UPDATE: The next Florida Property Casualty Association (“FPCA”) Homeowners Division meeting will be held on Tuesday, July 21, starting at 11:00 a.m. The following issues will be addressed: Educational efforts regarding the provisions contained in House Bill 1171; Membership development; …
Jul 14, 2009
The Florida Property Casualty Association (“FPCA”) requests member comments on proposed Rule 69O-236.001 relating to insurer Annual Report Cards. The Florida Office of Insurance Regulation Rule Development Workshop on the proposed Rule originally scheduled to be held July 8, has …
Jul 14, 2009
To view a complete story, click on a headline below: Rating lowered for insurer formerly known as Allstate Allstate was Florida’s second-largest private property insurer when four hurricanes walloped the state in 2004. Commentary: It’s Back to Square One …
Jul 14, 2009
Washington, D.C., July 14, 2009 – The Securities and Exchange Commission today announced fraud charges and an asset freeze against a Weston, Fla., resident who stole more than $15 million in investor funds to purchase a multi-million dollar home, luxury …
Jul 14, 2009
During the 2009 Summer Meeting, the National Conference of Insurance Legislators (“NCOIL”) discussed its proposed Employee Misclassification of Workers’ Compensation Coverage Model Act. The NCOIL press release regarding the discussion is printed below. To view the proposed Employee Misclassification of …
Jul 14, 2009
Louisiana Governor Bobby Jindal has signed the 20 insurance-related bills from the Louisiana Department of Insurance’s 2009 Legislative Package into law. The bills, with corresponding hyperlinks to more information about each, are listed below. Should you have any questions …