Category: Insurance Regulatory News

There are currently 34 approved retail dispensaries open in the state, which are operated by 13 licensed companies approved by the Legislature.  Justine Griffin reports for the Tampa Bay Times. http://www.tbo.com/news/health/Florida-hits-a-milestone-More-than-100-000-people-are-registered-to-use-medical-marijuana-here_167516249

Scott wants term limits for members of Congress: 12 years and no more in an entrenched system where power is determined almost entirely by longevity.  The Tampa Bay Times’ Steve Bousquet and Alex Leary reports for the Tampa Bay Times. …

They’re not concocting what brewers in Colorado are, but a handful of craft brewers in South Florida are floating what they believe is an exciting new trend — pot-tasting beer.  Brad Slager reports for SunshineStateNews.com. http://sunshinestatenews.com/story/cannabis-craft-beer-beerijuana-feds-tell-florida-brewers-dont-you-dare

The complaint brought by the Communications Workers of America alleges that General Dynamics Information Technology misclassified employees at call centers in Kentucky, Florida, Arizona and Texas to suppress their wages.  Danielle Paquette reports for the Washington Post. https://www.washingtonpost.com/news/wonk/wp/2018/04/23/huge-federal-contractor-failed-to-pay-workers-100-million-in-wages-union-says/?utm_term=.0b3930014b54

Massachusetts Attorney General Maura Healey announced April 12 that We Florida Financial (We Florida), a credit union based in Florida, will pay $898,000 to resolve allegations it delivered loans for ineffective online study materials to more than 200 Massachusetts consumers.  LegalNewsLine.com reports. …

Under SB 2467, which Bryant signed April 13, a 3 percent surcharge currently added to the cost of specialized “surplus lines” policies would be redirected from the Mississippi Windstorm Underwriting Association to the State’s Treasury, Insurance Journal reports. https://www.insurancejournal.com/blogs/right-street/2018/04/17/486623.htm

Insurance Commissioner Ken Selzer said Friday that he’s setting an example of transparency, Insurance Journal reports. https://www.insurancejournal.com/news/midwest/2018/04/23/487100.htm

While the remains of her store were being appraised by a TWIA adjuster, the policyholder discovered that her agent had accidentally listed the wrong street address number for her property, Lyle Adriano reports for Insurance Business Magazine. https://www.insurancebusinessmag.com/us/news/catastrophe/has-insurance-agents-typo-cost-harvey-victim-an-insurance-payout-98621.aspx

An appellate court on Thursday unanimously upheld a public records exemption covering the names and addresses of consumers who challenge the disposition of claims against homeowner or sinkhole insurance claims.  Michael Moline reports for FloridaPolitics.com.

A divided state appeals court this week upheld a nearly $6.4 million verdict in a case filed against cigarette-maker Philip Morris USA by the widow of a Jacksonville man who died of smoking-related illnesses.  THE NEWS SERVICE OF FLORIDA reports …