Category: Insurance Regulatory News
Nov 27, 2019
NOVEMBER 2019 Florida Insurance Matters is a monthly update on Florida insurance-related legal developments by the Colodny Fass Insurance Litigation Practice, recently recognized as the Insurance Litigation Department of the Year in South Florida by the Daily Business Review. ABOUT THE AUTHOR …
Oct 15, 2019
By the Colodny Fass Insurance Regulatory Team On October 15, 2019, the Florida Senate Committee on Banking and Insurance held a roundtable discussion on insurance claims issues. Insurance Commissioner David Altmaier, Department of Financial Services (“DFS”) Insurance Consumer Advocate Tasha …
Oct 3, 2019
By Wes Strickland and Michael Billmeier During the 2019 session, the Florida Legislature passed a bill amending the Unfair Insurance Trade Practices Act to allow insurers and insurance agents to offer or give to insureds goods and services that relate …
Oct 3, 2019
By Wes Strickland and Michael Billmeier During the 2019 session, the Florida Legislature passed CS/CS/CS/HB 301. The bill gives a residential property insurer the option of notifying the policyholder of the right to mediation through the property insurance mediation program …
Oct 3, 2019
By Wes Strickland and Michael Billmeier During the 2019 session, the Florida Legislature passed a bill that gives foreign or alien insurers an additional method to obtain a waiver of the three-year “seasoning” requirement to apply for a certificate of …
Oct 3, 2019
By Wes Strickland and Michael Billmeier During the 2019 session, the Florida Legislature passed a bill that expands the circumstances under which an insurer may offer a multi-policy discount to an insured. The bill allows a discount to the insured …
Oct 3, 2019
By Wes Strickland and Michael Billmeier During the 2019 session, the Florida Legislature passed CS/CS/CS/HB 301. The bill provides that a civil remedy notice, a prerequisite to the filing of a statutory bad faith claim, may not be filed within …
Oct 3, 2019
By Wes Strickland and Michael Billmeier During the 2019 session, the Florida Legislature passed CS/CS/CS/HB 301. The bill reduces the number of declinations that an agent must receive from admitted carriers before exporting a residential property policy to the surplus …
Sep 30, 2019
SEPTEMBER 2019 Florida Insurance Matters is a monthly update on Florida insurance-related legal developments by the Colodny Fass Insurance Litigation Practice, recently recognized as the Insurance Litigation Department of the Year in South Florida by the Daily Business Review. ABOUT THE AUTHOR …
Sep 17, 2019
By the Colodny Fass Insurance Regulatory Team Today, Florida Insurance Commissioner David Altmaier made a presentation to the Florida Senate’s Committee on Banking and Insurance on the state of the Florida property insurance market. The Commissioner told the committee that …