Florida Insurance Council - Covering Florida Since 1962
COVID-19 and Workers Compensation:Modeling Potential ImpactsThe novel coronavirus (COVID-19) was declared a public health emergency in the United States in late January 2020, followed by the World Health Organization’s pandemic designation on March 11, 2020. As the crisis began to unfold, policymakers and the insurance industry began to question the impact COVID-19 would have on…
FOR IMMEDIATE RELEASE: April 27, 2020 Department of Revenue Extends Due Dates for Certain Corporate Income Tax Returns and Payments TALLAHASSEE, Fla. – Today, Department of Revenue Executive Director Jim Zingale issued an emergency order to extend filing deadlines for certain Florida corporate income tax (CIT) payments and returns. Order of Emergency Waiver/Deviation #20-52-DOR-003 extends…
Re-Open Florida Task Force Launches Public Comment Submission Portal On April 25, 2020, in News Releases, by Staff Tallahassee, Fla. – The Re-Open Florida Task Force today launched a public comment submission portal open to all Floridians. Public feedback will be a critical component of the Task Force’s final report to Governor Ron DeSantis. All…
Triple-I: Rewriting Contracts and Mandating Payouts Would Bankrupt Insurers The Federal Government Is Responding and Has the Resources to Respond to Pandemics For immediate release: April 24, 2020 New York Press Office: (917) 923-8245; media@iii.org NEW YORK, April 24, 2020—State legislation aimed at retroactively rewriting business interruption policies nationwide would cost insurers tens of billions…
TO: All Senators FROM: Bill Galvano SUBJECT: March General Revenue Collections Report and COVID 19 Updates DATE: April 24, 2020 Thank you for your continued service to our constituents and communities impacted by COVID-19. I know many of you have spent a great deal of time over this last week monitoring the ongoing work of…
By: Greenberg Traurig On April 24, 2020, OIR Commissioner David Altmaier gave a presentation on the effect of COVID-19 on the insurance industry during a meeting of a working group of the Governor’s Re-Open Florida Task Force. The Commissioner discussed actions taken thus far because of the pandemic and emerging issues the industry is facing.…
For Immediate Release: Tuesday, April 21, 2020 Contact: Office of Communications, Communications@MyFloridaCFO.com, 850.413.2842 CFO Patronis: Serving on “Reopen Florida Task Force” Will be Another Opportunity to Obtain Important Economic and State Budget Information TALLAHASSEE, Fla. – Today, Chief Financial Officer (CFO) Jimmy Patronis issued the following statement on being appointed to the Governor’s “Reopen Florida…
Governor Ron DeSantis’ Re-Open Florida Task Force Executive Committee On April 20, 2020, in News Releases, by Staff Tallahassee, Fla. – Today, Governor Ron DeSantis hosted a conference call with members of the Re-Open Florida Task Force Executive Committee to discuss the re-opening of Florida’s economy. Members of the Re-Open Florida Task Force Executive Committee…
MEDIA ADVISORY For Immediate Release: April 19, 2020 Contact: Governor’s Press Office, (850) 717-9282 / Media@eog.myflorida.com Governor Ron DeSantis to Hold Re-Open Florida Task Force Meeting Tallahassee, Fla. – Governor Ron DeSantis’ Re-Open Florida Task Force will hold an organizational and informational meeting via conference call April 20th regarding re-opening Florida’s economy. Meeting agendas will…
WASHINGTON (April 16, 2020) – The NAIC’s Statutory Accounting Principles (E) Working Group adopted three interpretations related to COVID-19 on April 15. The statutory accounting exceptions allows insurance reporting entities to respond to policyholder needs for premium payment delays and address mortgage loan modification or forbearance requests, while mitigating insurance reporting entity concerns on the…