Fla.’s McCarty Retains Focus on Cat Issues

Apr 1, 2008

Insurance News Net Copyright:    A.M. Best Company, Inc. Source:    BestWire Services Wordcount:    323 Representing a state known for both its number of hurricanes and a booming population, Florida Insurance Commissioner Kevin McCarty has kept a spotlight on natural catastrophe issues …

Bill would let Citizens’ cash be loaned to insurers

Apr 1, 2008

St. Petersburg Times–Mar. 31, 2008 By Tom Zucco, Times Staff Writer, and Jennifer Liberto, Times Staff Writer TALLAHASSEE — A quarter of a billion dollars that state-backed Citizens Property Insurance has set aside to pay claims could be moved to …

Credit crunch hitting state storm insurance fund

Apr 1, 2008

Miami Herald–Apr. 01, 2008 BY BEATRICE E. GARCIA Because of the near-shutdown of the credit markets and rising interest rates, insurers in Florida fear the state’s hurricane catastrophe fund may not live up to its promise if a massive storm …

Capitol to Courthouse Headliners: Tuesday, April 1

Apr 1, 2008

  To view a complete story, click on a headline below:   DFS/Poe Lawsuit Atttached: CFO Sink Announces Lawsuit to Recover Additional Money for Poe Companies’ Claims Florida Chief Financial Officer (“CFO”) Alex Sink announced today that the Florida Department …

U.S. Treasury Releases Regulatory Structure Blueprint Report

Mar 31, 2008

The United States Treasury released its “Blueprint for Stronger Regulatory Structure Report” (“Report”) today, March 31, 2008.  The Report presents a series of short-, intermediate- and long-term recommendations for reform of the U.S. regulatory structure. Announced in June 2007, the Report is …

EDITORIAL: Extend lifeline to windstorm victims

Mar 31, 2008

Miami Herald–Mar. 30, 2008 The rainstorms inundating parts of the Midwest are a reminder that floods — like hurricanes — are recurring natural disasters that create misery in parts of this country year after year. Like hurricanes, floods are not …