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News & Resources

Louisiana Insurance Commissioner Jim Donelon Reviews 2014 Legislation at September Property and Casualty Insurance Meeting

Oct 2, 2014

  The Louisiana Property and Casualty Insurance Commission (“LPCIC”) met this month on the status of Louisiana’s residual and voluntary property insurance markets, the Louisiana Department of Insurance reported in its September 2014 newsletter.  As part of the agenda, Louisiana …

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Florida Office of Insurance Regulation Approves Removal of up to 215,488 Policies from Citizens

Oct 1, 2014

  The Florida Office of Insurance Regulation (“OIR”) announced today, October 1, 2014, that it has approved the removal of up to 211,080 personal residential policies and 4,408 commercial residential and non-residential polices from Citizens Property Insurance Corporation (“Citizens”) as …

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Capitol to Courthouse Florida Insurance Report–Wednesday, October 1, 2014

Oct 1, 2014

  To go directly to the section of your choice, click on a hyperlink below.  Other hyperlinks to meeting information, bills and news are noted in bold type. Daily Florida Insurance-Related Events Daily Florida Insurance-Related News     Daily Florida …

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Financial Stability Oversight Council Nonbank Designation Process Prompts ‘Frequently Asked Questions,’ October 6 Executive Session

Sep 30, 2014

  In advance of its Executive Session discussion on nonbank financial company designations scheduled for October 6, 2014, the Financial Stability Oversight Council (“FSOC”) released a set of frequently asked questions on its designation process last Friday, September 26. To …

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U.S. Federal Reserve Board to study potential effects of revised regulatory capital framework on insurance holding companies

Sep 30, 2014

   By Wes Strickland, Esq. (above, left) and Claude Mueller (right) The U.S. Federal Reserve Board (“FRB”) announced today, September 30, 2014, that it will begin a quantitative impact study (“QIS”) to evaluate the potential effects of its revised regulatory …

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Capitol to Courthouse Florida Insurance Report–Tuesday, September 30, 2014

Sep 30, 2014

  To go directly to the section of your choice, click on a hyperlink below.  Other hyperlinks to meeting information, bills and news are noted in bold type. Daily Florida Insurance-Related Events Daily Florida Insurance-Related News     Daily Florida …

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Florida Citizens Board of Governors Meeting Recap–September 24, 2014

Sep 30, 2014

  Florida’s Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) met on September 24, 2014, preceeded by five Citizens committees on September 23–all of which convened in Winter Park, Florida.   During the Chairman’s report at the Board meeting, …

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Amid Transparency Criticism, International Association of Insurance Supervisors Publishes Risk-Based Insurance Capital Standard, Higher Loss Absorbency Development Principles

Sep 29, 2014

   By Wes Strickland, Esq. (above, left) and Claude Mueller (right)   Directed by the Financial Stability Board to develop a risk-based global insurance capital standard within the Common Framework for the Supervision of Internationally Active Insurance Groups (“Comframe”), the …

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Capitol to Courthouse Florida Insurance Report–Monday, September 29, 2014

Sep 29, 2014

  To go directly to the section of your choice, click on a hyperlink below.  Other hyperlinks to meeting information, bills and news are noted in bold type. Daily Florida Insurance-Related Events Daily Florida Insurance-Related News     Daily Florida …

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Florida Insurance Calendar–September 29 – October 3, 2014

Sep 26, 2014

  Following is a listing of Florida insurance-related regulatory events for the week of September 29 – October 3, 2014.  All times are shown in Eastern Time. Additional information is available via hyperlink where noted in bold type.   FLORIDA …

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