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News & Resources

Florida Board of Employee Leasing Companies Meeting Report: May 18, 2011

May 18, 2011

  The Florida Board of Employee Leasing Companies Board of Directors (“Board”) met via teleconference today, May 18, 2011 to consider various pertinent matters.  To view the meeting agenda click here.   Consideration of Employee Leasing Company and Controlling Person …

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Florida Governor Rick Scott’s Action on Nonadmitted and Reinsurance Reform Act Surplus Lines Compliance Bill (CS/CS/CS/SB 1816) Required Before June 1

May 18, 2011

  In addition to signing CS/CS/CS/SB 408 yesterday, May 17, 2011, Florida Governor Rick Scott received CS/CS/CS/SB 1816 relating to Surplus Lines Insurance.   The Governor must act on this bill by June 1, otherwise it will become law without his …

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United States District Court for the Southern District of Florida Denies Coverage for Chinese Drywall Claims under Commercial General Liability Policies

May 18, 2011

  United States District Judge, K. Michael Moore, of the Southern District of Florida granted summary judgment in favor of General Fidelity Insurance Company (“GFIC”) in a suit involving Chinese drywall claims. General Fidelity Ins. Co. v. Katherine L. Foster, …

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Capitol to Courthouse Florida Insurance Report: Wednesday, May 18

May 18, 2011

  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 Insurance-Related News      Daily Florida Insurance-Related …

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NAIC Surplus Lines Clearinghouse Plan of Operation Subgroup Report: May 17, 2011

May 17, 2011

  The National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force Clearinghouse Plan of Operation Subgroup (“Subgroup”) met via teleconference today, May 17, 2011, to review a draft plan of operation for the Nonadmitted Insurance Multi-State Agreement (“NIMA”) …

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Florida Surplus Lines Service Office National Clearinghouse Committee Report: May 17, 2011

May 17, 2011

  The Florida Surplus Lines Service Office (“FSLSO”) held a National Clearinghouse Committee (“Committee”) meeting today, May 17, 2011, to discuss the possibility of partnering with another entity to provide multi-state tax clearinghouse operational services pursuant to surplus lines-related reform …

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Florida Governor Rick Scott, Insurance Commissioner Kevin McCarty Comment on the Signing of the Insurance Cost Driver Bill (CS/CS/CS/SB 408)

May 17, 2011

  Following his signing of CS/CS/CS/SB 408, today, May 17, 2011, Florida Governor Rick Scott issued the following statement: “A healthy, stable and competitive private insurance market is critical to the success of Florida, given the hazards we face,” said Scott. …

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News Release: Governor Rick Scott Signs Bill to Strengthen Florida’s Insurance Market

May 17, 2011

  The Office of Florida Governor Rick Scott issued the news release below today, May 17, 2011, after the Governor signed CS/CS/CS/SB 408, a comprehensive bill relating to residential property insurance.  The bill is also known as the “Cost Driver …

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Florida Governor Scott Signs Property Insurance Cost Control Bill

May 17, 2011

The following article was published in the Insurance Journal on May 17, 2011: Florida Gov. Scott Signs Property Insurance Cost Control Bill Florida Gov. Rick Scott has signed into law legislation that promises to lower costs for the state’s property …

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Florida Governor Rick Scott Signs Cost Driver Bill (CS/CS/CS/SB 408) Today, May 17, 2011

May 17, 2011

  Florida Governor Rick Scott signed CS/CS/CS/SB 408 into law today, May 17, 2011. The bill, which takes effect immediately unless otherwise provided, makes numerous changes to Florida laws primarily relating to residential property insurance. To view complete bill information …

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