Volume 4 Number 39
September 28, 2007

TASK FORCE ON CITIZENS PROPERTY INSURANCE CLAIMS HANDLING AND RESOLUTION MET IN TALLAHASSEE FRIDAY

The Task Force on Citizens Property Insurance Claims Handling and Resolution held a meeting on Friday, October 5, 2007, from 9 a.m. – 4 p.m.

At the meeting, Citizens provided a report on the status of 2004/2005 hurricane claim closures and the progress of its training programs. The task force also reviewed draft legislation regarding the regulation of public adjusters and property insurance loss appraisers. The draft legislation is based on recommendations that the task force received from the Florida Association of Public Insurance Adjusters, policyholders and the insurance industry.

The public was encouraged to attend and to provide testimony on these issues.

On July 1, 2007, the task force delivered its first report to the Governor, President of the Florida Senate and Speaker of the House of Representatives. The report established milestones for the closure of 2004/2005 hurricane claims and the training of independent adjusters and insurance agents.

The Citizens' task force was created by House Bill 1A during the 2007 Special Session of the Florida Legislature. The task force is composed of four full members, with one appointment each by the Governor, Chief Financial Officer, President of the Senate and Speaker of the House. In addition there are three ex-officio voting members: the Insurance Commissioner, Insurance Consumer Advocate and Executive Director of Citizens Property Insurance Corporation or their designees.

CFO Sink has created a website dedicated to the task force, its duties, appointments and upcoming meetings. Floridians who would like to learn more about the task force meeting are encouraged to visit http://www.taskforceoncitizensclaimshandling.org. Live streaming of the task force meeting was available through the task force Web site.