May 18, 2007
June 18 Notice of Development of Rulemaking OIR – Insurance Regulation69O-149.003: Rate Filing Procedures 69O-149.004: Experience Records 69O-149.005: Reasonableness of Benefits in Relation to Premiums69O-149.007: Annual Rate Certification (ARC) Filing ProceduresPURPOSE AND EFFECT: To provide guidelines for insurers to ensure …
May 17, 2007
Florida Insurance Commissioner Kevin McCarty issued the following opinion piece, as published by the Florida Insurance Council. Should you have any comments or questions, please do not hesitate to contact this office.  Property insurance relief has just begun  …
May 17, 2007
On Wednesday, May 16, 2007, The International Solvency and Accounting Working Group (“Group”) held a conference call to discuss two draft white papers written by the International Association of Insurance Supervisors (IAIS): Risk Management Standards for Solvency Purposes Use of …
May 17, 2007
This week, the International Accounting Standards Board (IASB) issued its long-awaited two-part Discussion Paper “Preliminary Views on Insurance Contracts” for public distribution and comment. This Discussion Paper presents the preliminary views of the IASB on the main components of an accounting …
May 17, 2007
Crist: Budget cuts won’t hurt storm response Gov. Charlie Crist vowed Wednesday that any eventual property-tax relief would not compromise state or county efforts to help Floridians prepare for and respond to hurricanes or other disasters. ”People should not be …
May 16, 2007
Members: A reminder that this week’s FPCA Auto Division conference call has been rescheduled for 11:00 a.m. this Thursday, May 17th. A meeting agenda and minutes from the May 8, 2007 meeting are attached for your review. Call-in information is: 1-800-369-1540; 58269# …
May 16, 2007
Click on a headline to read the complete story: Â State-run Citizens insurance hears from policyholders Irma Kelly is frustrated over the cost of her Citizens Property Insurance coverage, so she came to a policyholder’s forum to give the state-run …
May 16, 2007
On May 15, 2007, the Florida Hurricane Catastrophe Fund Advisory Council (“Council”) met in Tallahassee, Florida and discussed several matters. A copy of the agenda is attached for your review. Jack Nicholson, Senior Officer for the Florida Hurricane Catastrophe Fund (“FHCF”), …
May 15, 2007
The Property and Casualty Insurers Association of America (PCIAA) is hosting an “End-of-Session Briefing” in Tampa, Florida on May 31, 2007. We encourage all FPCA members who are also PCIAA members to attend this meeting. Additionally, as a courtesy to our …
May 15, 2007
At the Florida Cabinet Meeting on Tuesday, May 15, 2007, the Financial Services Commission (“Commission”) took action on five insurance-related matters. Below is a brief summary of these items and subsequent pertinent discussions. The first item considered was the adoption …