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Florida’s Hurricane Insurance Market Task Force re Final Report 2/16/2006

January 4, 2007
Category Legislative Updates

The Task Force on Long-Term Solutions for Florida’s Hurricane Insurance Market released its draft final report ahead of its final scheduled meeting on February 27th. Simultaneously, the House leadership released its...

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Information from the Florida Office of Insurance Regulation re Allstate Floridian Insurace Company Consent Order 2/16/2006

January 4, 2007
Category Florida Office of Insurance Regulation

Below is a press release from the Florida Office of Insurance Regulation regarding a Consent Order entered in January between Allstate Floridian Insurance Company (Allstate), Allstate Floridian Indemnity Insurance Company...

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Florida Senate No-Fault Bill 7094 Analysis 2/16/2006

January 4, 2007
Category Legislative Updates

Yesterday the Senate Banking & Insurance Committee met to formally approve their proposed no-fault reform committee bill, PCB 7094.  The PCB and staff analysis is here and here. The bill mirrors the recommendations of...

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Florida Office of Insurance Regulation re 1) Reinsurance and 2) Terrorism Risk Insurance Extension Act of 2005 2/15/2006

January 4, 2007
Category Florida Office of Insurance Regulation

Here and here please find informational memoranda release by the Office of Insurance Regulation regarding reinsurance costs and the TRIA extension act. Should you have any questions or concerns, please feel free to contact...

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Limited Apportionment Company Status and Petition 2/15/2006

January 4, 2007
Category Insurance Regulatory News

Attached is the Notice to apply for Limited Apportionment Company status and Petition to qualify for that status which has been received from Citizens Property Insurance Corporation. The Notice sets forth the eligibility...

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Financial Services Commision re Notice of Change and Rule re The Property Insurance Checklist 2/15/2006

January 4, 2007
Category Financial Services Commission

Here and here, please find the notice of change and rule regarding the property insurance checklist issued by the Florida Office of Insurance Regulation. Should you have any questions or concerns, please feel free to contact...

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House Insurance Committee Bill PCB IN 06-01 2/13/2006

January 4, 2007
Category Legislative Updates

Today the Florida House of Representatives Insurance Committee released committee bill PCB IN 06-01 regarding property insurance. The bill language and a summary of the bill are here and here. The bill addresses issues such...

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Senate Banking and Insurance Committee Meeting 2/13/2006

January 4, 2007
Category Legislative Updates

The Senate plans to release its Proposed Committee Bill regarding No-Fault on Monday, February 13, 2006. This bill is based on the recommendations contained in the Senate Interim Report on No-Fault. The bill will likely be...

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Information from the Office of Insurance Regulation re McCarty Tours Gulf Coast, Redoubles Efforts for National Cat Plan 2/10/2006

January 4, 2007
Category Florida Office of Insurance Regulation

2/10/06 McCarty Tours Gulf Coast, Redoubles Efforts for National Cat Plan Tallahassee – Florida Insurance Commissioner Kevin McCarty, who returned Friday from a tour of Gulf Coast areas devastated by Katrina, said he is...

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Department of Financial Services Emergency Rule Hurricane Wilma 2/10/2006

January 4, 2007
Category Florida Department of Financial Services

Please see the attached Department of Financial Services Emergency Rule. This is an extension of the Emergency Adjuster Rule filed in the aftermath of Wilma. If you have any questions regarding this rule, you may contact this...

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