Jun 26, 2009
The U.S. House Financial Services Oversight and Investigations Subcommittee will hold a field hearing next week in West Palm Beach, Florida, entitled “The Homeowners’ Insurance Crisis: Solutions for Homeowners, Communities and Taxpayers.” The hearing, in which U.S. Representative Ron Klein …
Jun 26, 2009
The National Association of Insurance Commissioners (“NAIC”) Life Insurance and Annuities Committee will meet with the Principles-Based Reserving Working Group and Solvency Modernization Initiative Task Force via teleconference on Tuesday, July 28, at 2:00 p.m. (EST). The registration call-in number …
Jun 26, 2009
The National Association of Insurance Commissioners (“NAIC”) held its Summer 2009 National Meeting from June 13-16, 2009, in Minneapolis. Action items on major issues discussed during the meeting are highlighted in the committee summaries below, along with hyperlinks to complete …
Jun 26, 2009
The Citizens Property Insurance Corporation (“Citizens”) Board of Governors will meet via teleconference on Friday, June 26, starting at 9:00 a.m. The call-in number for this meeting is: 888.295.6211.
Jun 25, 2009
The Florida Self-Insurers Guaranty Association (“FSIGA”) Board of Directors (“Board”) met via teleconference on Thursday, June 25 2009. The Board discussed House Bill 903, the controversial bill on claimant’s attorney fees in workers’ compensation cases, which was signed into law …
Jun 25, 2009
To view a complete story, click on a headline below: Gov. Crist’s veto sends State Farm packing State Farm officials said they have no option but to leave Florida after Gov. Charlie Crist on Wednesday vetoed legislation to let …
Jun 25, 2009
The following rules have been finalized and adopted by the Florida Office of Insurance Regulation (“OIR”) and are effective July 1, 2009. 69O-138.005 Exams By Non Employees. The OIR is required by Florida law to examine the affairs, transactions, accounts, …
Jun 25, 2009
To view a complete story, click on a headline below: Gov. Crist’s bill actions on Wednesday Governor Charlie Crist signed 28 bills, including several education-related, into law and vetoed three bills Wednesday that passed during the 2009 legislative session. …
Jun 25, 2009
The Federal Reserve announced extensions of and modifications to a number of its liquidity programs on June 25, 2009. Conditions in financial markets have improved in recent months, but market functioning in many areas remains impaired and seems likely to …
Jun 25, 2009
The Florida Department of Financial Services (“DFS”), Office of Insurance Regulation (“OIR”) has issued a Notice of Proposed Rulemaking regarding proposed amendments to Rules contained in Chapter 69O-156.003 relating to Medicare Supplement Insurance. To view the Notice, click here. The …