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Froogled By:
Elias Makere, FSA, MAAA
Published:
Last Updated:

March 24, 2000
News Articles Pertinent to Life Insurance (and Finance)

Florida is Changing 16 Insurance Regulations

Who:
Department of Insurance
What:
4 FAC 149.101…
Where:
State of Florida
When:
3/24/2000
How:
Rule/Regulation Change
Why:
Update Provisions
Source:
26 FAR 12 (3/24/2000)
Contact:

Details

The State of Florida – in accordance with the Administrative Procedures Act (APA) – is on the verge of changing sixteen insurance regulations (4 FAC 149.101; etc.). There's no indication as to why the state initiated these rule changes (aside from its [apparent] provision updates).
Keywords:
changes to regulations scope applicability definitions rate filings standards pooling credibility reasonableness benefits premiums disapproval actuarial memorandum actuarial loss ratio form filing review prohibited policies

Florida Has Obtained Receivership of FTB Mutual

Who:
Department of Insurance
What:
Receivership
Where:
State of Florida
When:
1/3/2000 (Effective Date)
How:
Court Order
Why:
Insolvency
Source:
26 FAR 12 (3/24/2000)
Contact:

Details

The State of Florida has just announced that it acquired receivership over FTBA Mutual, Inc. The State obtained this status due to court order; and – apparently – on account of the insurer's insolvency. Claimants (eg, policyholders creditors etc.) have until January 1, 2001 to submit claims/inquiries.
Keywords:
pertinent orders (FL) receivership insolvency bankruptcy broke cannot meet financial obligations court order creditors claimants policyholders Leon County circuit court division of rehabilitation and liquidation

Florida Has Obtained Receivership of Caduceus Self-Insurance

Who:
Department of Insurance
What:
Receivership
Where:
State of Florida
When:
1/3/2000 (Effective Date)
How:
Court Order
Why:
Insolvency
Source:
26 FAR 12 (3/24/2000)
Contact:

Details

The State of Florida has just re-announced that it acquired receivership over Caduceus Self-Insurance Fund, Inc.. The State obtained this status due to court order; and – apparently – on account of the insurer's insolvency. Claimants (eg, policyholders creditors etc.) have until September 3, 2000 to submit claims/inquiries.
Keywords:
pertinent orders (FL) receivership insolvency bankruptcy broke cannot meet financial obligations court order creditors claimants policyholders Leon County circuit court division of rehabilitation and liquidation

Florida Has Proposed a Change to its Regulations on Firefighting

Who:
Department of Insurance
What:
Proposed Regulations – 4A FAC 37.036; etc.
Where:
State of Florida
When:
3/24/2000 (Notification Date)
How:
§120.54 FS | 28 FAC 103
Why:
Government Transparency
Source:
26 FAR 12 (3/24/2000)
Contact:
Randall Napoli | 352.732.1330

Details

The State of Florida – in accordance with the Administrative Procedures Act (APA) – has proposed changes to many of its statewide regulations (4A FAC 37.036; etc.). Thereby publishing notice in the Florida Administrative Register.
Keywords:
proposed regulations rulemaking §120.525 FS government transparency department of insurance (FL) 4A FAC 37.036 4A FAC 37.037 4A FAC 37.0527 4A FAC 37.056 moral character determinations medical examinations retention certifications certifiable training
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