Jun 24, 2009
The Florida Senate issued its 2010 Interim Work Plan on June 23, 2009. Various insurance-related Committee projects detailed within the Plan are listed below, followed by their respective due dates. To view the entire Work Plan, click here. Committee …
Jun 24, 2009
The Florida Department of Financial Services (“DFS”), Division of Workers’ Compensation has issued a Notice of Proposed Rulemaking regarding Rule Chapter 69L-5: Rules for Self-Insurers Under the Workers’ Compensation Act. Rule Chapter 69L-5 is being amended to concurrently repeal and …
Jun 23, 2009
Florida schools will lose 10,000 students next year, the third straight year of declining enrollment in what remains the nation’s fourth largest school system. The Legislature’s Economic, Demographic and Research Office posted results Monday from its June 11 conference that …
Jun 23, 2009
To view a complete story, click on a headline below: Four Amendments OK’d For 2010 Ballot Include Property Tax-Related Proposals Four amendments were certified by Secretary of State Kurt Browning on Monday for Florida’s 2010 ballot, with the first …
Jun 23, 2009
Maryland Insurance Commissioner Ralph Tyler will testify on behalf of the National Association of Insurance Commissioners at a United States House of Representatives Committee on Financial Services hearing entitled “Regulatory Restructuring: Enhancing Consumer Financial Products Regulation” on June 24, 2009 …
Jun 23, 2009
The Florida Department of Financial Services (“DFS”) Division of Consumer Services held a Rule Development Workshop on proposed Rule 69J-123.002 relating to document processing of civil remedy proceedings filed against insurers. DFS Assistant General Counsel Tom Valentine and Chief …
Jun 23, 2009
The Florida Property and Casualty Association (“FPCA”) Automobile Division Special Investigations Unit (“SIU”) meeting scheduled to be held tomorrow, Wednesday, June 24, has been canceled. The meeting will be rescheduled for a later date.
Jun 23, 2009
The U.S. Senate Committee on Banking, Housing and Urban Affairs holds a hearing today, June 23, 2009 at 3 p.m. entitled “Over-the-Counter Derivatives: Modernizing Oversight to Increase Transparency and Reduce Risks.” Witnesses are: Panel 1 Honorable Mary Schapiro [view testimony] …
Jun 23, 2009
To view a complete story, click on a headline below: State Farm Says It Will Reconsider Florida Exit If Rates Deregulated Florida’s biggest private insurer of property, State Farm Florida, has told Gov. Charlie Crist it would “be willing …
Jun 23, 2009
On Monday, June 22, 2009, Citizens Property Insurance Corporation’s (“Citizens”) Actuarial and Underwriting Committee (“Committee”) met to discuss the required filing by Citizens of an actuarially sound rate by July 15, 2009. During its most recent meeting on June 2nd, …