The Louisiana Department of Insurance 2008 Legislative package is attached for your review.   Please note that Louisiana Senate Bill 44 by Senator Donald Cravins Jr. authorizes a third invitation for grant applications under the Insure Louisiana Incentive Program and provides for the recovery …

The following Florida Legislative Committees will consider the listed insurance-related bills on Thursday, March 27, 2008.    House Jobs and Entrepreneurship Council   The House Jobs and Entrepreneurship Council (“Council”) will hold a Budget Workshop Thursday, March 27, 2008 from 9:00 a.m. to noon.  …

Reminder: A Florida Property and Casualty Association Automobile Division meeting is scheduled for Friday, March 28, 2008 at 11 a.m. Minutes from the March 17, 2008 meeting and an agenda for the upcoming meeting are attached for your review. Call-in …

  To view a complete story, click on a headline below: Senate bill pressures home insurers A variety of measures would tighten state control in an effort to restrict rate increases. The Senate Banking and Insurance Committee on Tuesday advanced …

On March 25, 2008, the State Board of Administration, Florida Hurricane Catastrophe Fund (“FHCF”) held a Proposed Rule Hearing regarding Rule 19-8.010, F.A.C., Reimbursement Contract (“Contract”) and amendments to certain Rules for the 2008-2009 Contract Year. A meeting of the …

On March 24, 2008, Fitch Ratings, Inc. released a report entitled “Fitch Comments on Florida Homeowners’ Insurance Market” that details the company’s concerns from a ratings perspective. A copy of the report is attached for your review.   Should you …

The Senate Criminal Justice Appropriations Committee, chaired by Senator Victor Crist (R-Tampa) and the House Public Safety Council, chaired by Representative Dick Kravitz (R-Orange Park) released their first draft of budget reductions for FY 2008-2009. Copies of these budgets are …

The Florida Office of Insurance Regulation (“OIR”) has issued the information below regarding the promotion of Jim Bennett to OIR Director of Market Investigations. Please do not hesitate to contact this office should you have any comments or questions.   Florida Insurance Commissioner …

On Tuesday, March 25, 2008, Citizens Property Insurance Corporation held a special Board of Governors (“Board”) meeting to approve documents for the proposed issuance of up to $2 billion of HRA Series 2008A bonds. The meeting was called to order …

On Monday, March 24, 2008, the House Insurance Committee held its second meeting for the purpose of gathering testimony from officials representing the Citizens’ Property Insurance Corporation, Inc. (“Citizens”) and the Florida Office of Insurance Regulation (“OIR”). To view the …