On April 4, 2016, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) issued temporary and proposed regulations to further reduce the benefits of and limit the number of corporate tax inversions,...
Effective October 1, 2016, certain insurers and insurance groups will be subject to the requirements of SB 1422 relating to Insurer Regulatory Reporting, which was signed into law by Florida Governor Rick Scott this...
Signed into law by Governor Rick Scott on April 6, 2016, SB 1274 will now allow insurers to offer a new type of personal lines residential sinkhole insurance coverage in Florida. Effective July 1, 2016, the legislation...
Relying on the state-based insurance regulatory system to oversee the delivery of property insurance coverage for flood insurance by private insurers would be the best way for Congress to move federal government...
Politico Florida’s Christine Sexton reported this afternoon, December 30, 2015, that a federal appeals court in Atlanta has upheld 2012 reforms to Florida’s Personal Injury Protection laws that limit the...
Following months of speculation that a proposal would surface to eliminate Florida’s Motor Vehicle No-Fault (Personal Injury Protection) statute, State Senator Jeff Brandes filed SB 1112 on December 11, 2015,...
Bill authorizes the acquisition of coastal land for flood mitigation and preservation Florida Senator Jeff Brandes (R-St. Petersburg) filed SB 584 relating to the Peril of Flood today, October 20, 2015. The bill...
The U.S. Department of the Treasury’s Federal Insurance Office released a report on October 9, 2015 entitled “The Process for Certifying an ‘Act of Terrorism’ Under the Terrorism Risk Insurance...
Led by Federal Insurance Office Director Michael McRaith, a panel of insurance industry leaders testified in Washington D.C. at a U.S. House of Representatives Financial Services’ Housing and Insurance...
New FIO Report Highlights Key Developments Throughout the U.S. Insurance Industry The U.S. Department of the Treasury’s Federal Insurance Office (“FIO”) released its third Annual Report on the...