Apr 6, 2010
On April 1, 2010, the Florida Office of Insurance Regulation (“OIR”) issued an Order amending certain previously issued Consent Orders with respect to insurers’ obligations when assuming policies from Citizens Property Insurance Corporation (“Citizens”). Specifically, all Consent Orders relating to …
Apr 6, 2010
This editorial appeared in the Tallahassee Democrat on April 6, 2010: Lawmakers seem increasingly prepared, and so they should be, to challenge Gov. Charlie Crist’s threat to once again veto legislation that would open up the property insurance market — …
Apr 5, 2010
Loss model submissions received under the Florida Commission on Hurricane Loss Projection Methodology (“Commission”) standards and acceptability process for 2009 will be reviewed during a teleconference scheduled for April 15, 2010 from 1:00 p.m. to 5:00 p.m. (EST). A Colodny …
Apr 5, 2010
To view a complete story, click on a headline below: Tax Watch: Florida One Hurricane Away From Financial Ruin Florida is one major hurricane from financial ruin, insurance companies need more freedom to raise rates, and lawmakers need to …
Apr 5, 2010
The Investment Committee (“Committee”) of the Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”), which met Friday, April 2, initiated plans to solicit bids from software companies offering computer programs to help the FWCJUA manage its investment portfolio. At the meeting, …
Apr 5, 2010
The potential for financial disaster should a major hurricane strike Florida was among the issues discussed at a press conference this morning, April 3, 2010, to announce the release of a Florida Council for Economic Advisors at Florida Tax Watch report …
Apr 5, 2010
Hyperlinks to research, reports and additional information compiled by Florida Tax Watch during the first quarter of 2010 are listed below: How Independent Are Florida Inspectors General?, April 2010 Modernizing Process of Estimating Fiscal Impact of Legislation Benefits Florida, March …
Apr 5, 2010
A property insurance-related proposed committee substitute (“PCB 561904”), the components of which have been used in the context of other bills during the 2010 Florida Legislative Session, has been filed as an amendment to Senate Bill 2108 in advance …
Apr 5, 2010
The following editorial appeared in The Tampa Tribune on April 5, 2010: Property insurance in Florida, as Rep. Bill Proctor of St. Augustine says, is a house of cards. One major storm would blow it all away and …
Apr 4, 2010
This article appeared in the Miami Herald on April 4, 2010: When it comes to storm-surge damage, South Florida has more at risk than any other place in the country. A new study puts it at $53.6 billion. BY …