Category: Insurance Regulatory News
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 …
Jul 29, 2019
Joel Stephen Fass was larger than life. When he entered the room, the room took notice. A devoted husband, a beloved father and grandfather, a respected attorney, he impacted those around him with his kind heart, generous spirit and talent …
Jun 28, 2019
By Wes Strickland, Sandy Fay, and Michael Billmeier During the 2019 session, the Florida Legislature passed CS/CS/CS/HB 301. The bill increases the loss adjustment expense (LAE) reimbursement from the Florida Hurricane Catastrophe Fund (“Fund”) from 5 percent of the reimbursed …
May 1, 2019
February 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 …
Apr 25, 2019
View the Colodny Fass AOB Webinar Slides View the enrolled bill HB 7065 Summary of webinar After several years of unsuccessful attempts, on April 24, 2019, the Florida Legislature finally passed a bill that would comprehensively reform post-loss assignment of …
Feb 5, 2019
By Niki Donner TALLAHASSEE — The Banking & Insurance Senate committee met Monday continue discussions regarding “assignment of benefits” insurance practice in Florida. Chairman Doug Broxson, R-Gulf Breeze indicated the committee will vote on the attorney fee awards bill. The chairman …