The Ledger–February 24, 2009 By BRIAN SKOLOFFThe Associated Press WEST PALM BEACH | With much of this peninsular state situated at or below sea level, parts of Florida could disappear under water if global warming predictions indicating significant sea level …

The Centers for Medicare & Medicaid Services (“CMS”) has posted updates below related to Section 111 of the Medicare, Medicaid, and SCHIP Extension Act of 2007 (“SCHIP”).   SCHIP adds new mandatory reporting requirements for Group Health Plan (“GHP”) arrangements and …

On Wednesday February 25, 2009, the Florida Office of Insurance Regulation (“OIR”) held a Proposed Rule Hearing on Rule 69O-175.008, F.A.C. Unfair Discrimination in Private Passenger Motor Vehicle Insurance Rates–Based on History of Accidents, which specifically affects Florida law stating …

  To view a complete story, click on a headline below:   Bernanke Says Federal Regulators Lack Power Over Insurers Federal regulators lack the power to deal appropriately with insurers and other non-banking institutions that get into the kind of …

The Florida Workers’ Compensation Insurance Guaranty Association (“FWCIGA”) held an Investment Committee (“Committee”) meeting on February 24, 2009 to hear a report on FWCIGA investments, and review the organization’s investment management structure and bank account. As of December 31, 2008, …

The News Service of Florida reported on February 24, 2009, that the Florida Department of Juvenile Justice began a volunteer chaplaincy program designed to aid programs impacted by state budget cuts. The article is reprinted below. A list of upcoming …

  FPCA Members: Colodny Fass has been contacted by the President and Executive Director of the Association of Bermuda Insurers and Reinsurers (“ABIR”) regarding proposed legislation being considered by the United States Senate Finance Committee. Namely, House Bill 6969 (proposed …

U.S. Treasury Releases Terms of Capital Assistance Program   February 25, 2009 To view the White Paper, Term Sheet and FAQ, visit www.FinancialStability.gov. Alongside the forward-looking economic assessments now being conducted by the Federal banking agencies, the U.S. Department of …

Pursuant to the form issued, Citizens Property Insurance Corporation, in cooperation with the Florida Office of Insurance Regulation (“OIR”), has issued a reminder to all qualified insurers that desire to apply for Limited Apportionment Company status that applications must be received …

  To view a complete story, click on a headline below:   Crist’s budget boosts schools Using billions of dollars in federal-stimulus money to plug holes, Gov. Charlie Crist released a $66.5 billion budget proposal Friday that would increase funding …