May 15, 2009
Washington, DC – Congressman Paul E. Kanjorski (D-PA), Chairman of the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, announced on May 13, 2009 that the Subcommittee will hold a hearing to examine the need …
May 15, 2009
Washington, DC – Rep. Barney Frank (D-MA), chairman of the House Financial Services Committee, announced today the committee will hold a hearing entitled “Legislative Proposals to Improve the Efficiency and Oversight of Municipal Finance” on Thursday, May 21. The …
May 15, 2009
On Thursday, May 14, 2009, the National Association of Insurance Commissioners (“NAIC”) Annuity Disclosure Working Group (“Working Group”) of the Life Insurance and Annuities Committee met to discuss options for the disclosure of guaranty fund coverage to consumers. To view …
May 15, 2009
The National Association of Insurance Commissioners (“NAIC”) International Solvency and Accounting (EX) Working Group (“Group”) met via teleconference on May 14, 2009. The Group is charged with assisting the NAIC Executive Committee’s Solvency Modernization Initiative (EX) Task Force (“Task Force”). …
May 14, 2009
May 14, 2009
Pursuant to the meeting held yesterday, please review and provide your comments on the attached outline that will be used by the Florida Property and Casualty Association (“FPCA”) to draft a letter to Florida Governor Charlie Crist requesting his veto …
May 14, 2009
The News Service of Florida reports that insurance agents are unsure whether to support HB 1171, which would allow large insurers to raise premiums without the approval of the Florida Office of Insurance Regulation. The News Service of Florida article …
May 14, 2009
The Florida Department of Financial Services, Office of Insurance Regulation has issued the attached Notice of Proposed Rulemaking regarding proposed changes to its annual and quarterly insurer reporting requirements and the update of the adopted 2008 National Association of Insurance …
May 14, 2009
In a recent installment of its “Risky Business” blog, Setnor Byer Insurance hosted a podcast update on Florida’s 2009 Regular Legislative Session with Katie Webb from the law and governmental consulting firm of Colodny Fass. To access the podcast, click on the …
May 14, 2009
To view a complete story, click on a headline below: SBA OKs Fla. Hurricane Catastrophe Fund Rule A state board has approved an emergency rule designed to protect the state from up to $20 billion in losses if the …