Two bills signed into law by Florida Governor Rick Scott today, June 13, 2014, are expected to benefit Florida policyholders by modernizing insurer solvency regulation. “I would like to thank Governor Scott and...
Given the federal government’s fiscal exposure should the Terrorism Risk Insurance Act (“TRIA”) be re-authorized beyond 2014, the U.S. Government Accountability Office (“GAO”) was asked to...
The U.S. Senate Committee on Banking, Housing and Urban Affairs (“Committee”) unanimously approved S. 2244, also known as the “Terrorism Risk Insurance Program Reauthorization Act of 2014”...
Governor Rick Scott signed the 2014-2015 State of Florida Budget (HB 5001) today, June 2, 2014. Governor Scott’s transmittal letter to Secretary of State Ken Detzner is below, followed by hyperlinks to budget...
Colodny Fass& Webb has updated its bill tracking chart as of May 22, 2014, to reflect the latest actions taken on insurance-related legislation that passed during the 2014 Florida Legislative Session. This...
The U.S. House Committee on Financial Services’ Housing and Insurance Subcommittee (“Subcommittee”) reviewed five legislative proposals addressing domestic insurance issues yesterday, May 20, 2014,...
Limiting federal fiscal exposure to severe weather events has become a growing challenge, inasmuch as responsibility for actions that enhance disaster resilience rests largely outside the federal government, U.S....
The Federal Emergency Management Agency (“FEMA”) has yet to fully address certain administrative recommendations relating to the National Flood Insurance Program (“NFIP”) that have been noted in...
LAST CHANCE to REGISTER — WEBINAR TODAY! Florida’s 2014 Legislative Session is now history. But plenty of complex insurance legislation meant the action was fast and furious right up until the end....
During its Session today, May 1, 2014, the Florida Senate accepted five amendments by the Florida House of Representatives’ on CS/CS/SB 1672 that would effect various revisions to Florida’s property...