Regulation/Legislation

The Florida Insurance Council develops its legislative agenda in preparation for the January start of the 2012 session.

Testimony at a recent Senate hearing alleges a lack of consumer protection by state regulators, while one expert says few insurers will be deemed systemically important by the Financial Stability Oversight Council.

A proposed amendment to the National Flood Insurance Program that would split the difference on the sensitive wind-versus-water issue is being criticized as limited in scope and of questionable value to consumers.

The past few weeks have marked a number of memorable events for many of us living in the Northeast, offering us unforgettable experiences, some of which we would rather not have had.

Legislation extending the current National Flood Insurance Program for a short period is being drafted by officials of the Senate Banking Committee.

As the National Association of Professional Surplus Lines Offices (NAPSLO) prepares for its annual convention in San Diego Oct. 10-13, issues surrounding the implementation of the federal surplus-lines reform law will be very much on the minds of the excess and surplus-lines executives in attendance.