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New Year Promises Fast Start in Florida Politics

New Year Promises Fast Start in Florida Politics

The new year will get off to a fast start in Florida governmental affairs and promises to active at least until we approach the next holiday season.  This year is an election year in Florida.  This means the Florida legislature will meet early in the year, with the session beginning January 11.  The 60-day session […]

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Commissioner Altmaier Named NAIC President-Elect

Commissioner Altmaier Named NAIC President-Elect

Florida Insurance Commissioner David Altmaier has been named President-Elect of the National Association of Insurance Commissioners (NAIC), effective January 1, 2020. Commissioner Altmaier has been Vice President of the NAIC during 2019. “I am honored to have been chosen as President-Elect of the NAIC. This year, we have made significant progress on many key issues. […]

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Happy New Year!

Happy New Year!

Radey wishes all of our friends a happy and prosperous new year.  As 2019 begins, Florida’s capital city will be embarking on a new era.  Governor-elect Ron DeSantis will take office next week, succeeding Rick Scott who was Governor for eight years.  Chief Financial Officer Jimmy Patronis returns, having been elected to the Cabinet office to […]

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Recounts Leave Financial Services Commission Makeup Uncertain

Recounts Leave Financial Services Commission Makeup Uncertain

Several high profile races in Florida were decided, or at least appeared to have been decided, on election night by close margins.  At the state level, Republican Ron DeSantis looked like the winner in Governor’s race, Republican Jimmy Patronis prevailed as Chief Financial Officer, Republican Ashley Moody won to succeed Pam Bondi as Attorney General, and […]

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Election Day to Bring Changes to Governor and Cabinet

Election Day to Bring Changes to Governor and Cabinet

The Florida Cabinet consists of the state’s Chief Financial Officer, Attorney General and Commissioner of Agriculture. Together with the Governor, these officers serve as the agency head for several Florida agencies including the Office of Insurance Regulation and Office of Financial Regulation. Florida is in a unique position this year because Election Day guarantees to […]

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What’s Old is New Again?

What’s Old is New Again?

Resolutions passed by the Senate Ethics and Elections Committee would add two positions to the Florida Cabinet if they continue to advance in the current legislative session.  The committee unanimously approved resolutions SJR 942 and SJR 1424, which would make the Commissioner of Education and Secretary of State elected positions that would be part of the Cabinet.  […]

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Financial Services Commission Discusses Commissioner Search

Financial Services Commission Discusses Commissioner Search

The Financial Services Commission (FSC), consisting of the Governor, Chief Financial Officer, Attorney General and Commissioner of Agriculture, discussed the process of finding Florida’s next Insurance Commissioner at their regularly scheduled Cabinet meeting.  The FSC intends to conduct a nationwide search and agreed to potentially increase the compensation level to attract highly qualified candidates.  The […]

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Financial Services Commission Responsible for New Commissioner Appointment

Financial Services Commission Responsible for New Commissioner Appointment

Florida Insurance Commissioner Kevin McCarty’s announcement that he is resigning effective May 2, 2016, puts Florida in a position it has been in only once before– needing to appoint an insurance commissioner to lead the Florida Office of Insurance Regulation (OIR). McCarty is the first, and only, insurance commissioner appointed after the restructuring of the […]

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FHCF Seeks Authority to Explore Risk Transfer Options

FHCF Seeks Authority to Explore Risk Transfer Options

The Florida Hurricane Catastrophe Fund is seeking authorization from the Trustees of the State Board of Administration to explore, negotiate and enter into a combination of risk transfer products and/or pre-event notes totaling up to $2.2 billion.  The Trustees of the State Board of Administration are the Governor, Chief Financial Officer and Attorney General.  The issue […]

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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 […]

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