May 21, 2009
The Florida House of Representatives has released its 2009 Session Summary of Legislation Passed Report. To view the Report, click here. It should be noted that, at the time of publication (May 21, 2009), some bills outlined in this Report …
May 21, 2009
Florida Insurance Commissioner Kevin McCarty, along with National Association of Insurance Commissioners representatives, met with Congress members this week to advocate the preservation of state-based insurance regulation. A press release from the Florida Office of Insurance Regulation on the meeting …
May 21, 2009
Florida Governor Charlie Crist signed four economic development-related bills into law today, May 21, 2009, one of which is a major economic development package that strengthens programs related to the Florida Office of Tourism, Trade and Economic Development and Enterprise …
May 20, 2009
The shortfall in available funding for the Florida Hurricane Catastrophe Fund (FCHF) has raised concerns that it may not be able to meet its liabilities if there is a large hurricane this year. According to Chris O’Kane, CEO of Aspen …
May 20, 2009
To view a complete story, click on a headline below: Fitch Advises Florida Insurance Market Remains ‘Fragile’ Fitch Ratings agency is advising that the Florida property insurance market is “fragile” and remains a “peak risk zone.” Sen. Garrett …
May 20, 2009
The following article, dated May 20, 2009, was re-printed from Reactions Magazine. Bonds “only a partial solution” to FHCF shortfall The shortfall in available funding for the Florida Hurricane Catastrophe Fund (FCHF) has raised concerns that it may not be …
May 20, 2009
Colodny Fass Shareholder Maria Abate held a press conference May 20, 2009, regarding a lawsuit filed on behalf of a Hialeah mother who claims a now defunct group home gave her son a cocktail of psychiatric drugs, which led to his …
May 19, 2009
The Florida Department of Financial Services (“DFS”), Division of Agent and Agency Services has issued a Notice of Proposed Rulemaking regarding the following Rule: 69B-162.011: Suitability and Disclosure in Annuity Contracts-Forms Required The proposed Rule would adopt an Annuity Suitability …
May 19, 2009
To view a complete story, click on a headline below: Cash-poor school boards might raise property taxes Though raising taxes is always politically unpopular and risky, school boards across Florida may have no choice as they watch their budgets …
May 19, 2009
The Florida Department of Juvenile Justice (“DJJ”) has instituted an effort to reduce the disproportionate number of minority children in the system by five percent each year. The DJJ has been holding meetings to get feedback on the issue in …