During its meeting today, March 16, 2011, Florida’s Senate Committee on Banking and Insurance (“Committee”) heard and unanimously passed SB 1252 by Senator Chris Smith relating to Persons Designated to Receive Insurer Notification. Senator Ellyn Bogdanoff was concerned that, …

  Florida Property and Casualty Division Members:  Please note that a proposed amendment to SB 1330 is attached for review.  The amendment, drafted by the Property Casualty Insurers Association of America, would remove reinsurance provisions from SB 1330, which provides …

  At its meeting today, March 16, 2011, the Florida House Banking and Insurance Subcommittee (“Subcommittee”) passed HB 967 by State Representative Mike Horner relating to Personal Injury Protection (“PIP”) insurance.  The Subcommittee also held a workshop on HB 803 …

  The Citizens Property Insurance Corporation (“Citizens”) Actuarial and Underwriting Committee (“Committee”) met on March 4, 2011 via teleconference, during which updates on personal and commercial lines issues were given.  To access the meeting materials, click here. Citizens’ Chief Insurance …

  The Louisiana Department of Insurance  (“LDI”) has advised that ACT 1017 (HB 447) of the 2010 Louisiana Regular Legislative Session amends and enacts LSA R.S. 22:881.1, which has been recodified as LSA R.S. 22:890 relative to certificates of insurance …

The following is a transcript of Special Advisor to the Treasury Secretary for the Consumer Financial Protection Bureau Elizabeth Warren before the House Subcommittee on Financial Institutions and Consumer Credit Committee on Financial Services in Washington D.C. on March 16, …

  Florida Property and Casualty Association Homeowners Division Members: After the House Insurance and Banking Subcommittee this morning, March 16, 2011, State Representative John Wood circulated an alternate proposal to address Florida’s ongoing sinkhole “tail” claim issue. The proposal is …

FPCA Automobile Division Members:  PCS for HB 967 – also known as the PIP Legal Fixes Bill – was passed by a vote of 13 to 2 in the House Insurance and Banking Subcommittee meeting this morning.  A copy of …

  At its meeting today, March 15, 2011, the Florida Senate Committee on Budget (“Committee”) considered CS/CS/SB 408, the comprehensive residential property insurance package, among other bills that included SB 484, a memorial bill that urges Congress not to impose …

The following news release was issued by the Florida Surplus Lines Service Office on March 15, 2011:  OIR Approves Citizens Emergency Assessment Decrease for Surplus Lines Policies Please note that as approved by the Office of Insurance Regulation (OIR) the …