May 14, 2007
Insurance Fraud Weekly ePort National news in the fight against insurance fraud from www.insurancefraud.org LEGISLATION & REGULATION * The Florida legislature sent a confusing message when it shut down for 2007 last week. On one hand, the legislature passed a …
May 14, 2007
Members: The upcoming FPCA Auto Division conference call is scheduled for 10:00 a.m. this Thursday, May 17th. Call-in information is: 1-800-369-1540; 58269# In advance of any possible Legislative action to revive the No-Fault sunset effected at the close of the 2000 …
May 13, 2007
The Florida Commission on Hurricane Loss Projection Methodology (“Commission”) held meetings in Tallahassee, Florida on May 8th and 9th, 2007 for the purpose of reviewing models for acceptability. Public Commission hearings originally scheduled for May 10 and 11 were canceled due …
May 13, 2007
The Florida Office of Insurance Regulation this week issued the results of a study on “Evaluation and Report on the Insurability of Attached and Free Standing Structures.” This study was commissioned by the 2006 Florida Legislature following extensive damage of exterior …
May 12, 2007
Notice of Development of Rulemaking OIR – Insurance Regulation RULE NO: RULE TITLE69O-171.002: General Reporting Requirements69O-171.008: Insurer Experience Reporting – Calendar Year ExperiencePURPOSE AND EFFECT: To revise the process to be used for insurer data reporting.SUBJECT AREA TO BE ADDRESSED: …
May 12, 2007
Notice of Meeting/Workshop Hearing STATE BOARD OF ADMINISTRATION RULE NO: RULE TITLE19-8.010: Reimbursement Contract19-8.028: Reimbursement Premium Formula19-8.030: Insurer ResponsibilitiesThe State Board of Administration (SBA) on behalf of the Florida Hurricane Catastrophe Fund announces a public meeting on Rules 19-8.010, Reimbursement …
May 11, 2007
House Speaker unveils new approach to property tax relief that could halve bill TALLAHASSEE — Lawmakers are considering a new approach to property tax relief that would offer large exemptions for residential and business real estate alike and cut the …
May 10, 2007
Today, Coventry First LLC was issued a Notice and Order to Show Cause from the Florida Office of Insurance Regulation alleging violations of Florida Insurance Code and for “engaging in fraudulent or dishonest practices.” Below is the press release issued today …
May 10, 2007
Budget forces Crist’s hand A weapon in Gov. Charlie Crist’s ”arsenal” was blunted Wednesday when state legislators officially sent him their $72 billion state budget, forcing him to break out his veto pen weeks before he was considering using it …
May 9, 2007
Many of the bills filed during Florida’s 2007 Regular Legislative Session regarding health insurance issues failed. Although the KidCare bill was thoroughly debated in several committees, it ultimately did not pass. Senator Durell Peaden (R-Crestview) offered a controversial amendment that …