Crist sets deadline for mortgage broker cleanup

Jul 30, 2008

Florida’s Cabinet announced an investigation into the state agency that licenses mortgage brokers — but stopped short of firing its leader. The Miami Herald–July 30, 2008 TALLAHASSEE —Declaring his confidence in Florida’s mortgage-broker system ”shaken,” Gov. Charlie Crist gave the …

Florida banking regulator holds onto his job

Jul 30, 2008

St. Petersburg Times–July 30, 2008 By STEVE BOUSQUET, Tallahassee Bureau Chief TALLAHASSEE — Fighting to salvage his job and reputation, Florida’s top banking regulator criticized the media Tuesday for a "rush to judgment" over reports that his agency issued mortgage …

State to pay $224 million to prop up storm insurance fund

Jul 30, 2008

Daytona News-Journal–July 30, 2008 By JIM SAUNDERSTallahassee bureau chief TALLAHASSEE — Gov. Charlie Crist and Florida Chief Financial Officer Alex Sink signed off Tuesday on an agreement to pay $224 million to Berkshire Hathaway Inc. to help prop up a …

U.S. Senate Committee Hearing Report: State of the Insurance Industry

Jul 30, 2008

The United States Senate Committee on Banking, Housing and Urban Affairs (“Committee”) held a hearing yesterday July 29, 2008, to examine the current regulatory and oversight structure of the nation’s insurance industry.  The Hearing, entitled “State of the Insurance Industry: …

Florida Farm Bureau Rate Hearing Report: July 30

Jul 30, 2008

On Wednesday, July 30, 2008, the Florida Office of Insurance Regulation (“OIR”) held a public rate hearing regarding a 28.4 percent overall statewide rate increase requested by the Florida Farm Bureau Casualty and General Insurance Companies (“FFB”).  The officials present …