News & Updates

acquisition statement

2014 Saw Significant Property and Casualty Issues

2014 Saw Significant Property and Casualty Issues

As 2014 comes to a close, several of the issues that commanded considerable attention during the year reached their resolution and set the framework for 2015 ahead.  When we all return from the holidays, the legislative committee weeks will be upon us and the 2015 legislative session will begin before we know it.  However, before […]

Continue Reading →

Robert Ridenour of the Office of Insurance Regulation led an informative discussion of changes to the acquisition statement filing process at the recent OIR “Navigating the Changing Insurance Environment” conference. Section 628.461, Florida Statutes, has long governed the filings requires when a person seeks to acquire five percent or more of the outstanding voting securities […]

Continue Reading →

Proposed Statutory Revisions to Holding Company Requirements (Part 2 in Series)

Proposed Statutory Revisions to Holding Company Requirements (Part 2 in Series)

In yesterday’s blog, I mentioned pending legislative proposal to modernize Florida’s holding company regulations.  I looked at the existing holding company requirements.  Today we’ll consider the statutory revisions contained in this year’s legislative proposals.  Proposed Statutory Revisions The existing statutes and rules are less comprehensive than model requirements adopted by the NAIC that are beginning […]

Continue Reading →