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The Office of Insurance Regulation has issued a document called “Report on Review of the 2011 Personal Injury Protection Data Call.” The OIR recently issued a report compiling the results from its recent voluntary data call from insurers writing personal auto line of business. Thirty one companies responded representing more than 80% of the market. […]
As we have now reached the midpoint of the 2011 legislative, some of the key elements of this year’s property insurance legislation still differ in significant ways between the House and Senate versions. Property legislation tends to go down to the wire each year, and this year looks like it will be no exception. Some […]
Senator J.D. Alexander ran an amendment to this year’s Senate property insurance bill to underscore a point he has been making for quite some time– if Citizens Property Insurance Corporation does not charge premiums commensurate with its risks, the shortfalls in the form of assessments in essence are a form of tax on all Floridians. The […]
Major property insurance bills are scheduled to be heard today in both the Senate and the House of Representatives. Both chambers are considering substantial property insurance reforms aimed at curing some of the so-called “cost drivers” of insurance rates in the Florida property market. The term cost-drivers has been used to generically refer to several […]
The Florida Office of Insurance Regulation has issued an informational memorandum (OIR-11-02M) informing property and casualty insurers of Partners in Recovery, a not-for-profit organization intended to expedite the settlement of property insurance claims. The program coordinates disaster preparation and response communications among the Department of Financial Services (DFS), Office of Insurance Regulation (OIR), emergency management agencies, […]
The EEOC has now published its final regulations which implement the Americans with Disabilities Act Amendments of 2008. The new regulations can be found at http://www.federalregister.gov/articles/2011/03/25/2011-6056/regulations-to-implement-the-equal-employment-provisions-of-the-americans-with-disabilities-act-as According to the EEOC press release yesterday, “the regulations are designed to simplify the determination of who has a ‘disability’ and make it easier for people to establish that […]
Earier this month, the U.S. Equal Employment Opportunity Commission (EEOC) filed suit against Convergys Corporation, charging that the relationship management company violated federal law by refusing to hire a call center employee who could not work on Saturdays due to his religion. In its lawsuit, the EEOC alleges that Convergys refused to hire Shannon Fantroy when […]
Florida Insurance Commissioner Kevin McCarty has announced announced a series of staff changes at the Florida Office of Insurance Regulation (OIR). Al Willis has been appointed acting Deputy Commissioner for Property & Casualty. Mr. Willis previously was the Director of Life & Health Financial Oversight and has been with OIR since 1987. He earned a bachelor’s degree in […]
For most of today, the Florida Medical Association will be hosting the “Days at the Capital” event. The function includes lunch with Senator Hays and an evening reception at the FMA’s new building located at 1430 Piedmont Drive East in Tallahassee. Founded in 1874, the FMA is one of Tallahassee most influential associations and is dedicated […]
The 2011 legislative gets underway with several property insurance bills on its agenda. Both the Senate and the House of Representatives have major property insurance bills on file that include numerous revisions to the property insurance laws, and in particular to laws governing residential property insurance. Perhaps the biggest issue of the 2011 session will […]
