May 18, 2010
The Florida Legislature allocated $14 billion for Pre-K through 12th grade education with the passage of House Bill 5001, the 2010-2011 General Appropriations Act (“Budget”). The 2010-2011 Budget contains a small increase in per-student funding (0.02 percent), which represents …
May 18, 2010
The Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council (“Council”) met in Tallahassee today, May 18, 2010. Upon calling the meeting to order, Council Chairman David Walker recognized John Forney of Raymond James and Associates, Inc. to explain the FHCF’s 2010 …
May 18, 2010
To view a complete story, click on a headline below: Financial Advisor: Florida Hurricane Catastrophe Fund on solid ground for 2010 hurricane season A new round of estimates for the Florida Hurricane Catastrophe Fund show that it …
May 18, 2010
The Miami Herald published the following on May 18, 2010: BY HOWARD COHEN hcohen@MiamiHerald.com Going green could extend to consumers’ wallets if Cutler Bay Mayor Paul Vrooman’s plan passes muster with the governor. The program Vrooman has championed, Property Assessed …
May 18, 2010
The Miami Herald published the following on May 18, 2010: BY JANET ZINK crline ST. PETERSBURG TIMES TAMPA — A lawsuit filed by Florida Attorney General Bill McCollum challenging the constitutionality of the federal health care legislation has …
May 18, 2010
Gary Fineout of The Fine Print published the following on May 18, 2010: The Fine Print Florida politics, policy, and plain-spoken analysis by Gary Fineout. A new round of estimates for the Florida Hurricane Catastrophe Fund show that it should …
May 18, 2010
The National Association of Insurance Commissioners (“NAIC”) International Accounting Standards Working Group (“IASWG”) will meet via conference call on May 20, 2010 at 11:00 a.m. (ET) to discuss and vote on adopting a draft of the NAIC’s tentative positions regarding the …
May 18, 2010
As the keynote speaker at the recent fifth annual Climate and Loss Mitigation Conference in Oklahoma, Louisiana Insurance Commissioner Jim Donelon discussed key factors in the recovery of Louisiana’s post-Hurricane Katrina and Rita insurance market. These included: The adoption of …
May 18, 2010
The Florida Office of Insurance Regulation (“OIR”) announced today, May 18, 2010, that it has ordered 16 workers’ compensation insurance companies to return a total of more than $9.4 million in profits to their policyholders pursuant to Florida’s excessive profit law. An …
May 17, 2010
After their passage by the Florida Legislature, SB 2044, the omnibus property insurance package, and SB 2176, the commercial rate modernization bill, were sent to Governor Charlie Crist today, May 17, 2010. The Governor has until June 1, 2010 to sign, veto or …