The FPCA Homeowners Division will be meeting via teleconference on Wednesday, May 9, at 11:00 a.m. The call-in number is 800.369.1285; conference code: 6484202#. The meeting materials will be forthcoming. ...
Florida’s Citizens Property Insurance Board Votes to Postpone Rate Cap Elimination Pending Further Actuarial Study
At its meeting today, April 26, 2012, Citizens Property Insurance Corporation’s Board of Directors postponed a measure to eliminate a 10 percent cap on rate increases for new customers beginning January 1,...
U.S. Senate Committee on Energy and Natural Resources Hearing on the Impact of Rising Sea Levels on Domestic Infrastructures
FULL COMMITTEE HEARING: Impacts of Rising Sea Levels on Domestic Infrastructures The U.S. Senate Committee on Energy and Natural Resources met on April 19, 2012 to hear testimony on the impacts of sea level rise on...
Personal Injury Protection (PIP) Insurance Fee Schedule Issue Certified to Florida Supreme Court
In the case of Geico v. Virtual Imaging, No. 3D11-581, the Third District Court of Appeal has certified the following question to the Florida Supreme Court as being one of great public importance: “WITH RESPECT...
Florida Office of Insurance Regulation: New Law (HB 1101) Expected to Help Florida Attract U.S. Domiciled Captive Insurers
In response to Florida Governor Rick Scott’s enactment of CS/CS/HB 1101 into law yesterday, April 24, 2012, the Florida Office of Insurance (“OIR”) announced that “Florida now has better...
Florida Governor Rick Scott Signs CS/CS/HB 1101 Relating to Regulation of Insurers, Insurance Agents, Insurance Adjusters and Insurance Coverage
Florida Governor Rick Scott signed CS/CS/HB 1101 into law today, April 24, 2012. Originally sponsored by State Representative Mike Horner and ultimately approved unanimously in both the Florida House of Representatives...
Florida Cabinet Approves Florida Hurricane Catastrophe Fund 2012/2013 Premium Formula and 2012/2013 Proposed Rates
At its regular meeting today, April 24, 2012, the Florida Cabinet approved the 2012/2013 Florida Hurricane Catastrophe Fund (“FHCF”) Premium Formula and the proposed 2012/2013 FHCF rates. State Board of...
Capitol to Courthouse Florida Insurance Report: Tuesday, April 24
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...
April 24, 2012: Florida Cabinet Meeting
9:00 a.m.–Florida Cabinet meeting. OIR For final adoption In Sections 634.011(7) and 634.041(12), F.S., the Legislature created a new category of Motor Vehicle Service Agreement Companies called “Motor Vehicle...
April 24, 2012: Florida Surplus Lines Service Office National Clearinghouse Committee Meeting
10:00 a.m.–Florida Surplus Lines Service Office National Clearinghouse Committee meeting. To view the meeting notice, click here.