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The Florida OIR established a reinsurance fund through its last-resort insurer, Citizens. This means that if an insurance company’s financial strength rating is downgraded below the ‘A ...
The review found that these options may be appropriate for a large number of Florida's criminal justice population, as over 70% of new prison admissions and 40% of current prisoners are non-violent offenders, and the state could save $387,989 to $1.2 million for every 100 prisoners diverted from incarceration.
Florida Department of Financial Services (FLDFS) is a state agency of Florida.Its headquarters are in Tallahassee. [1] In 2002 the Florida Legislature merged the Department of Insurance, Treasury and State Fire Marshal and the Department of Banking and Finance into one department, the Florida Department of Financial Services.
The Florida Insurance Guaranty Association board met on March 31 and filed for an emergency assessment of 1% on all Florida property insurance policies. [32] That is in addition to a 0.7% for 2022, a 1.3% assessment from July 1 2022 to June 30 2023, and another 0.7% ending December 31 2023. [32]
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The Florida Hurricane Catastrophe Fund (FHCF) was created in 1993 in response to the Florida property insurance crisis resulting from Hurricane Andrew. The purpose for this state tax-exempt trust fund was to encourage additional insurance capacity in the state by providing a stable and ongoing source of reimbursement to insurers for a portion ...
Florida Fish and Wildlife Conservation Commission (FWCC) Other executive branch agencies and departments nominally under the authority of the Cabinet include: [ 1 ] [ 2 ] Florida Department of Highway Safety and Motor Vehicles (DHSMV)
38 complaints against Broward mover ‘under active review,’ Florida attorney general says. David J. Neal. February 23, 2024 at 5:19 AM.