Category: Insurance Regulatory News
Feb 26, 2021
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 Amy L. …
Feb 16, 2021
On February 16, 2021, the Senate Banking and Insurance Committee approved SB 728 by Senator Broxson. The companion bill, HB 733 by Representative Fetterhoff, has not yet been referred to House committees. SB 728 adopts many of the provisions of …
Feb 4, 2021
On Wednesday, February 3, 2021, the Florida House of Representatives Insurance and Banking Subcommittee heard presentations from the Department of Financial Services (“DFS”) and the Office of Insurance Regulation (“OIR”). The DFS Director of Consumer Services Greg Thomas discussed the …
Feb 3, 2021
On February 2, 2021, the Florida Senate Banking and Insurance Committee approved a bill addressing issues related to property insurance claims and property insurance litigation. The bill provides a presumption to limit the application of contingency fee multipliers, provides attorney …
Feb 2, 2021
By Wes Strickland and Michael Billmeier On February 1, 2021, the Florida Senate Committee on Judiciary heard presentations from Emily Leventhal of the Legislature’s Office of Program Policy and Government Accountability and retired judge Greg Holder. Both presenters told the …
Jan 31, 2021
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 Amy L. …
Jan 27, 2021
On Tuesday, the Citizens Property Insurance Corporation Board of Governors (Board) recommended that the Citizens staff file with the OIR to charge new business the actuarially indicated rate increases but cap any decrease to a 0% change. In addition, the …
Jan 19, 2021
A Palm Beach County Court recently granted an insurer’s motion for sanctions under section 57.105, Florida Statutes, against the attorneys for a service provider who filed suit under an assignment of benefits (“AOB”). There was no dispute that the AOB …
Jan 19, 2021
By Amy Koltnow, Shareholder On December 31, 2020, the Florida Supreme Court amended Florida’s civil procedural rule pertaining to summary judgments to align with the standard used in federal court cases. The amendment, which will not take effect until May …
Jan 13, 2021
On January 13, 2021, the Florida House of Representatives Insurance and Banking Subcommittee held its first interim meeting before the 2021 session. The subcommittee heard a presentation from Citizens Property Insurance Corporation President and CEO Barry Gilway. The purpose of …