Today the Senate Banking and Insurance Committee held a workshop on the Committee bill released last month regarding re-enactment of the Florida No-Fault law. The bill, numbered Senate Bill (SB) 2114, will re-enact the...
The Senate Minority Office held a press conference today to discuss property insurance issues in Florida. To read the press release, click here. The press conference drew several television cameras and at least five print...
The Citizens Market Accountability Advisory Committee (“MAAC”) meeting was held on March 2, 2006 and presided over by new Chairman Andy Martinez. Two main topics were discussed: 1. MAAC’s brochure to consumers;...
Today, March 7th, begins the 2006 Florida Legislative Session. It is important that you are aware of, and familiar with, the newly enacted law which places certain restrictions on gifts to legislators, their staff, certain...
Citizens Property Insurance Corporation’s (CPIC) recently held a Board of Governors (the “Board”) meeting during which the Board discussed several issues relating to reinsurance and CPIC’s financial...
March 1, 2006 GALLAGHER ANNOUNCES FEDERAL LEGISLATION TO CREATE CATASTROPHE SAVINGS ACCOUNTS Gallagher has been promoting accounts since 2004 hurricane season Tom Gallagher, Florida’s chief financial officer,...
The Task Force on Long Term Solutions for Florida’s Hurricane Insurance Market (the “Task Force”) held its final meeting Monday to review and finalize a draft report. The Task Force plans to issue an updated...
Below please find the Office of Insurance Regulation’s press release stating that the OIR pilot project conducted in Monroe County has found that Monroe County does not have a competitive residential personal lines...
On Monday, February 27, 2006, the second workshop on Proposed Rule 69D-2 was held in Tallahassee, Florida. A copy of the proposed rule is here. Assistant general counsels Beverly Hayes and Charles Gowland attended, as well...
Please find Notices of Proposed Rulemaking relating to the following subjects here: (1) Notice of Change for Filing Procedures for Property and Casualty Insurance Rates, Rules, Underwriting Guidelines and Forms; (2) Emergency...