Apr 15, 2009
For every grant dollar provided by the My Safe Florida Home (MSFH) program for strengthening Florida homes, hurricane losses are expected to reduce by as much as $1.50, according to preliminary analysis by catastrophe risk experts Risk Management Solutions (RMS). …
Apr 15, 2009
To view a complete story, click on a headline below: Blog: State Farm fights Florida’s conditions for it to leave the state State Farm Florida asked Florida Insurance Commissioner Kevin McCarty for a hearing this week to fight his office’s …
Apr 15, 2009
Semi-Annual Report to Congress on International Economic and Exchange Rate Policies April 15, 2009 Statement by Treasury Secretary Timothy Geithner on Release of Semi-Annual Report to Congress on International Economic and Exchange Rate Policies Washington– Today I am sending to …
Apr 15, 2009
By request of the Florida Department of Financial Services, Risk Management Solutions (“RMS”) has conducted an impact analysis of the My Safe Florida Home (“MSFH”) program. The RMS® U.S. Hurricane Model was used to analyze the impact of the program on …
Apr 15, 2009
The Florida House of Representatives General Government Policy Council (“Council”) met on Tuesday, April 14, 2009. As part of its agenda, the Council considered two insurance-related bills: House Bill 1171 relating to Residential Property Insurance by the House Insurance, Business …
Apr 15, 2009
The Florida Automobile Joint Underwriting Association Board (“FAJUA”) of Governors (“Board”) met on Tuesday, April 14, 2009, in Miami. Chairman Michael Puchades opened the meeting with an introduction of new member Stephen Hylka, of Liberty Mutual. General Manager’s Report …
Apr 15, 2009
Supplementary information discussed at during the April 9, 2009 Florida Property Casualty Association (“FPCA”) Automobile Division conference call is provided below. (Please click on the corresponding hyperlinks to access each item): 1. An amendment that would require Personal Injury …
Apr 14, 2009
To view a complete story, click on a headline below: New plan woos big insurers Less than three months after State Farm, the state’s largest private property insurer, announced it was abandoning the Florida market, legislators are trying to woo …
Apr 14, 2009
The Florida Department of Financial Services (“DFS”) has advised that its Civil Remedy Notice of Insurer Violations web application has been modified to include a new “Comments” function. This function replaces the “outcome pick list” previously used by insurers to …
Apr 14, 2009
The Florida Cabinet met on Tuesday, April 14, 2009, during which Florida State Board of Administration (“SBA”) Executive Director Ash Williams presented items relating to the Florida Hurricane Catastrophe Fund (“FHCF”). To view the complete meeting agenda, click here. Below is …