Jul 7, 2009
To view a complete story, click on a headline below: Property-tax plunge creates budget woes The most severe drop in taxable property value in Miami-Dade County in at least 40 years is actually a little worse than first thought. …
Jul 7, 2009
To view a complete story, click on a headline below: Florida‘s New Insurers Won’t Pick Up State Farm Slack, McCarty Says Florida Insurance Commissioner Kevin McCarty said the 54 property insurers backed by nearly $5 billion in capital that have …
Jul 7, 2009
By LIAM PLEVEN Published on July 7, 2009 For property insurers, the short-term losses from hurricane season are often outweighed by long-term gains. But this year’s season — calendar-wise this is the heart of it — could leave some players …
Jul 7, 2009
Workers’ Compensation Medical Services Billing, Filing and Reporting Rule Today, July 7, 2009, the Florida Department of Financial Services (“DFS”), Division of Workers’ Compensation (“Division”) held a hearing on Proposed Rule 69L-7.602 entitled Florida Workers’ Compensation Medical Services Billing, …
Jul 7, 2009
The United States House of Representatives’ Financial Services Subcommittee on Oversight and Investigations held a field hearing in West Palm Beach on July 2, 2009 entitled “The Homeowners’ Insurance Crisis: Solutions for Homeowners, Communities, and Taxpayers.” In attendance were Subcommittee …
Jul 7, 2009
Louisiana Governor Bobby Jindal vetoed House Bill 658 relating to Workers’ Compensation on Monday, July 6, 2009. If adopted, the bill would have extended the time for filing a workers’ compensation claim from one to three years. A copy of …
Jul 7, 2009
The Florida Commission on Hurricane Loss Projection Methodology (“FCHLPM”) will meet on Thursday, July 23, and Friday, July 24, from 9:00 a.m. through 5:00 p.m. in the Hermitage Centre Conference Room, Hermitage Centre, 1801 Hermitage Boulevard, Tallahassee. The call-in number …
Jul 7, 2009
On Monday, July 6, 2009, the National Association of Insurance Commissioners (“NAIC”) Health Risk-Based Capital Working Group met to consider changes to the 2009 NAIC Health Risk-Based Capital Report (“Report”) for adoption, as well as hear an update on federal …
Jul 7, 2009
The Florida Department of Financial Services (“DFS”) Division of Workers’ Compensation has issued notices regarding the following Rules: 69L-7.602: Florida Workers’ Compensation Medical Services Billing, Filing and Reporting Rule. To view the Notice of Proposed Rule, click here. The purpose …
Jul 6, 2009
The National Association of Insurance Commissioners (“NAIC”) Property and Casualty Risk-Based Capital (E) Working Group (“Working Group”) met via teleconference on July 6, 2009. The Working Group adopted the 2009 Property and Casualty Risk-Based Capital (“RBC”) Formula and Instructions Publication. …