Mar 29, 2010
Recent media coverage relating to insurance company financial reporting is reprinted below. Letters to the Editor written by various insurance company representatives are also included. Florida Today: March 23 Our views: Don’t deregulate A bad property insurance bill …
Mar 29, 2010
U.S. Secretary of Education Arne Duncan announced today, March 29, 2010, that Delaware and Tennessee have won the first phase of Race to the Top, for which Florida was considered to be a leading contender. Including Florida, 40 states and the District of Columbia applied for …
Mar 29, 2010
For the past two years, global insurance and reinsurance industry readers of Reactions Magazine have voted Colodny Fass as one of the top two insurance regulatory law firms in the United States in the annual Reactions Legal Survey. In fact, …
Mar 29, 2010
Following are news articles published on March 28 and 29, 2010 on issues relating to payment of fees by Florida insurance companies to affiliates: Florida insurers’ fees to affiliates questioned Consumer advocates call for more scrutiny as insurers report losses and request …
Mar 26, 2010
Colodny Fass has prepared its annual bill chart to assist in tracking pending priority state-level insurance issues during the 2010 Florida Legislative Session, which runs from March 2 through April 30, 2010. Revised as of March 26, 2010, the …
Mar 26, 2010
Effective responses to dire situations often require bold actions that would be unthinkable in calmer times. So it was in the financial crisis, when central banks undertook extraordinary monetary policy measures and governments made major financial firms wards …
Mar 26, 2010
A comprehensive study by Risk Management Solutions (“RMS”) on windstorm mitigation credit implementation in the State of Florida and its impact on the insurance industry has concluded that the current system is a significant contributing factor in the reported decline of …
Mar 26, 2010
To view a complete story, click on a headline below: Florida Hurricane Insurer Offers $2 Billion of Tax-Exempt Bonds Florida’s government-owned Citizens Property Insurance Corp., bracing for an “above-normal” hurricane season, plans to sell $2 billion in …
Mar 26, 2010
Above: State Representative Pat Patterson, right, confers with Florida House Speaker Larry Cretul in the Legislature. Representative Patterson’s attempt to introduce a provision that would require insurance company owners to report their entire profits was voted down on March 25 by the House Insurance, …
Mar 26, 2010
The Miami Herald published this article on March 26, 2010. BY CRISTINA SILVA Herald/Times Tallahassee Bureau TALLAHASSEE — It’s the final deadline to hear new bills in the House, making for a robust platter of legislation that should slow down …