Tougher regulation of appraisers urged

Apr 16, 2008

Palm Beach Post–April 16, 2008 By GERRY SHIHPalm Beach Post Washington Bureau WASHINGTON — Sen. Mel Martinez, R-Fla., introduced legislation on Tuesday to clamp down on the home appraisal industry that lawmakers say contributed to severe mortgage woes. The bill, …

House Amends HB 1003–Annuity Products

Apr 16, 2008

On April 15, 2008, the House Jobs and Entrepreneurship Council passed House Bill 1003 by Representative Clay Ford (R- Pensacola) relating to Annuity Products, a strike-everything amendment and two amendments to the strike-everything amendment. The bill provides that any person …

NAIC Earthquake Study Group

Apr 16, 2008

During the March 31, 2008 meeting of the National Association of Insurance Commissioners (“NAIC”) Property and Casualty Insurance Committee (“Committee”), Committee Chair Florida Insurance Commissioner Kevin McCarty announced the formation of an Earthquake Study Group that will report to the …

Capitol to Courthouse Headliners: Wednesday, April 16

Apr 16, 2008

  To view a complete story, click on a headline below:   Allstate’s Appeal Buys It Some More Time to Write Florida Policies Allstate Insurance Corp. bought itself at least two more days to keep peddling new policies in Florida. …

Senate Passes Atwater Omnibus Insurance Bill–SB 2860

Apr 16, 2008

The Florida Senate passed its omnibus property insurance bill package, Senate Bill 2860 by Senator Jeff Atwater (R- North Palm Beach) 32-7. Known as the “cherry picking” provision, an amendment offered by Senator Mike Fasano (R- New Port Richey) that …

TEST: Updated Versions of HB 5057, SB 2860

Apr 16, 2008

The most recent version of House Bill 5057: Relating to the Insurance Capital Buildup Incentive Program by Representative Ron Reagan can be viewed by clicking here. This version, engrossed on April 14, incorporates all recent amendments to the bill. The …