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

August 10, 2001
News Articles Pertinent to Life Insurance (and Finance)

Florida Has Obtained Receivership of Fortune Insurance Company

Who:
Department of Insurance
What:
Receivership
Where:
State of Florida
When:
7/6/2001 (Effective Date)
How:
Court Order
Why:
Insolvency
Source:
27 FAR 32 (8/10/2001)
Contact:

Details

The State of Florida has just re-announced that it acquired receivership over Fortune 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 July 6, 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 Indexed 18 Proposed Regulatory Changes (Insurance-Based)

Who:
Department of Insurance
What:
4 FAC 166.001…
Where:
State of Florida
When:
8/10/2001 (Notification Date)
How:
§120.55 FS
Why:
Government Transparency
Source:
27 FAR 32 (8/10/2001)
Contact:
Office of Insurance Regulation

Details

The State of Florida – in accordance with the Administrative Procedures Act (APA) – has indexed 18 [proposed] regulatory changes. The changes are to statewide, insurance-based regulations (4 FAC 166.001; etc.).
Keywords:
index of rules filed §120.55 FS rulemaking government transparency department of insurance (FL) 4 FAC 166.001 4 FAC 166.020 4 FAC 166.022 4 FAC 166.023 4 FAC 166.026 4 FAC 166.027 4 FAC 166.028 4 FAC 166.029 4 FAC 175.007 4 FAC 175.009 4 FAC 184.016 4 FAC 184.019 4 FAC 184.022 4 FAC 203.024 4 FAC 203.029 4 FAC 203.033 4 FAC 203.038

Florida Will Hold a Public Meeting Bail Bond Reform

Who:
Department of Insurance
What:
Public Meetings – Bail Bonds
Where:
State of Florida
When:
How:
§120.525 FS | 28 FAC 102
Why:
Government Transparency
Source:
27 FAR 32 (8/10/2001)
Contact:
Sally Burts | BurtS@DOI.State.FL.US

Details

The State of Florida – in accordance with the Administrative Procedures Act (APA) – will hold a public meeting to discuss Bail Bond Reform. The Department of Insurance will be the agency conducting the meeting, because bail bonds fall within the Insurance Code.
Keywords:
public meetings (FL) §120.525 FS government transparency department of insurance (FL) §648 FS bail bonds bail bond reform surety Florida Insurance Code
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