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

February 23, 2001
News Articles Pertinent to Life Insurance (and Finance)

Florida Has Obtained Receivership of Queensway Insurance

Who:
Department of Insurance
What:
Receivership
Where:
State of Florida
When:
1/18/2001 (Effective Date)
How:
Court Order
Why:
Insolvency
Source:
27 FAR 8 (2/23/2001)
Contact:

Details

The State of Florida has just re-announced that it acquired receivership over Queensway Casualty Insurance Company. 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 18, 2002 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Florida Has Withdrawn 4 Prospective Regulatory Changes

Who:
Department of Insurance
What:
4K FAC 1.001…
Where:
State of Florida
When:
2/23/2001 (Notification Date)
How:
§120.54(3)(d) FS
Why:
Withdrawal of Rules
Source:
27 FAR 8 (2/23/2001)
Contact:
Office of Insurance Regulation

Details

The State of Florida – in accordance with §120.54(3)(d) FS – has withdrawn 4 insurance regulations (4K FAC 1.001; etc.). There's no [facially] obvious reason why the State has done so.
Keywords:
rules/regulations withdrawal (FL)regulations purpose scope applications review process reward criteria rewards disbursements

Florida Has Proposed a Change to its Regulations on Anti-Fraud

Who:
Department of Insurance
What:
Proposed Regulations – 4K FAC 1.001; etc.
Where:
State of Florida
When:
2/23/2001 (Notification Date)
How:
§120.54 FS | 28 FAC 103
Why:
Government Transparency
Source:
27 FAR 8 (2/23/2001)
Contact:
Dave Dempsey

Details

The State of Florida – in accordance with the Administrative Procedures Act (APA) – has proposed changes to many of its statewide regulations (4K FAC 1.001; etc.). Thereby publishing notice in the Florida Administrative Register.
Keywords:
proposed regulations rulemaking §120.525 FS government transparency department of insurance (FL) 4K FAC 1.001 4K FAC 1.002 4K FAC 1.003 4K FAC 1.004 anti-fraud reward programs scope of regulation review process reward criteria reward disbursement
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