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News & Resources

FPCA Homeowners Division Members: FPCA Day on the Hill Proposed Dates

Mar 25, 2013

Florida Property and Casualty Association Homeowners Division Members: We are proposing a FPCA Day on the Hill.  The proposed dates are: April 2, April 3, April 8, April 9 or April 10, 2013.  Please let Katie Webb (kwebb@cftlaw.com) know if …

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Florida Senator Joe Negron to File Legislation Eliminating Insurance Industry Tax Credit for Employee Salaries

Mar 25, 2013

  Florida Senate Appropriations Committee Chairman Joe Negron is expected to file legislation this week that would eliminate a 30-year-old tax break allowing insurance companies to claim tax credits equal to 15 percent of salaries they pay to their Florida …

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FPCA Homeowners Division Members: Florida Hurricane Catastrophe Fund Draft Language

Mar 25, 2013

Florida Property and Casualty Association Homeowners Division Members: Attached is a copy of draft language on the Florida Hurricane Catastrophe Fund.  The draft language would lower the FHCF retention to $5.3 billion; lower the FHCF claims-paying capacity to $15 billion; …

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FPCA Members: Colodny Fass& Webb Insurance-Related Florida Legislative Bill Tracking Chart — Week Ending March 22, 2013

Mar 25, 2013

  Florida Property and Casualty Association Members: Colodny Fass& Webb presents its weekly bill tracking chart for the week ending March 22, 2013. This chart, which is attached, is designed to assist in following pending priority state-level insurance issues during …

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Colodny Fass& Webb Insurance-Related Florida Legislative Bill Tracking Chart: Week Ending March 22, 2013

Mar 25, 2013

  Colodny Fass& Webb presents its weekly bill tracking chart for the week ending March 22, 2013. This chart, which is attached, is designed to assist in following pending priority state-level insurance issues during the 2013 Florida Legislative Session, which …

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Capitol to Courthouse Florida Insurance Report: Monday, March 25

Mar 25, 2013

  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’s Citizens Property Insurance Corporation Board of Governors Announces Travel Policy, Approves Commercial Rate Increases, Modifies Sinkhole Coverage Rules

Mar 22, 2013

  At its meeting today, March 22, 2013, Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) announced a new employee travel policy, modified its qualifications for sinkhole insurance, approved rate increases for commercial coverage, agreed to buy reinsurance for …

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Florida’s Citizens Property Insurance Market Accountability Advisory Committee Hears Updates On Timeshare Eligibility, Binding Violation Program, Agent Roundtables

Mar 22, 2013

  At its meeting on March 21, 2013, Citizens Property Insurance Corporation (“Citizens”) Market Accountability Advisory Committee (“Committee”) heard a variety of updates, including specifics on Citizens’ recent revisions to its Binding Violation and Late Submission program.  The issue of …

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Florida Citizens Property Insurance Depopulation, Reinsurance Efforts Reduced Risk By 42 Percent in 2012, Board Told

Mar 22, 2013

Echoing statements made by Citizens Property Insurance Corporation (“Citizens”) President and CEO Barry Gilway to the Florida Cabinet earlier this week, Citizens’ Chief Financial Officer Sharon Binnun told Citizens’ Board of Governors at its meeting today, March 22, 2013, that …

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Florida Hurricane Catastrophe Fund Advisory Council Approves 2013 Premium Formula, Rule 19-8.028 Notice

Mar 22, 2013

  The Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council (“Council”) met yesterday, March 21, 2013, to obtain approval for the FHCF Premium Formula for the 2013 Contract Year, and to file Rule 19-8.028, F.A.C. (Reimbursement Premium Formula) for Notice of …

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