Florida Insurance Council - Covering Florida Since 1962
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…
For Immediate Release: Friday, April 17, 2020 Contact: Office of Communications, Communications@MyFloridaCFO.com, 850.413.2842 CFO Patronis Deploys Safeguard for Employing Insurance Agents During COVID-19 Crisis TALLAHASSEE, Fla. – Today, Florida Chief Financial Officer (CFO) Jimmy Patronis issued a directive that provides the Division of Agent and Agency Services with the ability to begin processing insurance agent…
FLORIDA DEPARTMENT OF FINANCIAL SERVICES OFFICE OF THE CHIEF FINANCIAL OFFICER CHIEF FINANCIAL OFFICER DIRECTIVE 2020-06 WHEREAS, Novel Coronavirus Disease 2019 (COVID-19) is a severe acute respiratory illness that can spread among humans; and WHEREAS, on March 1, 2020, the State Surgeon General and State Health Officer declared a Public Health Emergency exists in the…
TO: All Senators FROM: Bill Galvano SUBJECT: Fiscal Updates Related to COVID 19 DATE: April 16, 2020 Yesterday you received an updated Florida Senate COVID-19 Constituent Resources Guide, a catalogue of services available to constituents, businesses, and communities impacted by COVID-19. While our first priority during this unprecedented public health emergency is serving our constituents,…