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The Florida legislature concluded its special session Friday afternoon as anticipated, but not without considerable speculation as to whether they would reach agreement on key budget issues. The original call of the special session indicated that the legislature would return to Tallahassee from June 7 through June 9 to adjust the state budget. The short […]
The Florida legislature will convene in a special session beginning June 7, 2017, and ending June 9, 2017, to address several aspects of Florida’s budget. The special session follows a decision by Governor Scott to veto $410 million in line item spending as well as other proposed spending from the budget passed by the legislature […]
Office of Insurance Regulation, Insurance Regulation News, property insurance, Rick Scott, Florida Cabinet, David Altmaier, AOB Claims
Under the authority of two executive orders, Governor Rick Scott is allocating approximately $15.8 million in state funds for emergency beach restoration projects in response to the damage caused by Hurricane Matthew in St. Johns, Flagler, Volusia and Brevard Counties. Hurricane Matthew caused significant beach erosion in many coastal areas. The funding made available by Governor […]
Tropical Storm Colin underscored recent reminders about the need to be vigilant during hurricane season. As we entered last weekend, there was barely a mention of a storm event affecting Florida this week. However, seemingly from nowhere, Colin emerged and began making its way to the Florida gulf coast. By Monday, Governor Rick Scott declared […]
The insurance regulatory professionals of the Radey Law Firm are pleased to congratulate David Altmaier on his appointment effective immediately by the Governor and Florida Cabinet as Insurance Commissioner for the State of Florida. David was the Deputy Commissioner for Property and Casualty and has been with the Office of Insurance Regulation since 2008. He […]
The state’s search for a new insurance commissioner to replace outgoing commissioner Kevin McCarty will continue into April. The four-member Financial Services Commission (Governor and Cabinet) is responsible for selecting the next commissioner by majority vote, with the caveat that the Governor (Rick Scott) and Chief Financial Officer (Jeff Atwater) must be on the prevailing side. The […]
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 […]
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 […]
The Governor and Cabinet serve as a collegial governing body known as the Financial Services Commission, which has rulemaking authority for the Office of Insurance Regulation. In addition, the FSC designates the insurance commissioner by a majority vote, with the Governor and Chief Financial Officer required to be on the same side. After last night’s elections, […]
