Jun 5, 2017
The May 31, 2017 update to the Federal Financial Institutions Examination Council (“FFIEC”), Cybersecurity Assessment Tool (“Assessment Tool”) will be discussed as part of an information technology security and risk mitigation update made to Florida’s Citizens Property Insurance Corporation’s …
Jun 5, 2017
The Florida Office of Insurance Regulation (“Office”) advised on June 2, 2017 that additional changes have been posted to proposed Rule 69O-170.030, F.A.C. entitled “Loss Reserve Discounts.” Part of Chapter 69O-170 relating to Property and Casualty Insurance Rating, the proposed Rule …
Jun 5, 2017
Florida Gears Up for “Busier Than Usual” 2017 Hurricane Season The Sunshine State is in particular danger during Hurricane Season due to its unique position between the Gulf of Mexico and the Atlantic Ocean. SunshineStateNews.com’s Allison Nielsen reports. · …
Jun 1, 2017
Bill Nelson Alarmed at Slow Pace of Takata Airbag Replacement in Florida A million and a half Vehicles in Florida have potentially deadly Takata Airbags in them despite a Recall being in effect for two years, U.S. Senator Bill …
May 31, 2017
The Consumer Federation of America (“CFA”) continued its focus on the issue of auto insurance access and affordability for lower- and middle-income Americans with a report issued last week focusing on alleged unfair practices of major insurers in charging …
May 31, 2017
Florida Workers’ Comp Reimbursement Regulation Headed for Administrative Challenges The Florida Division of Workers’ Compensation’s efforts to extract itself from Contract Disputes between Insurance Companies and Medical Providers have drawn Administrative Challenges, scheduled for Hearings next month. FloridaPolitics.com reports. …
May 30, 2017
Final adopted revisions to Rule 19-8.028, F.A.C., entitled “Reimbursement Premium Formula” relating to the Florida Hurricane Catastrophe Fund are effective today, May 30, 2017. To view the markups, click on the hyperlinks below. Notice of Proposed Rule – …
May 30, 2017
The Florida Office of Insurance Regulation has scheduled a June 6, 2017 proposed Rule hearing on regulations contained in Chapter 690-136, F.A.C. entitled “Application Procedures for Companies Seeking to Do Business in Florida.” A new Rule, 69O-136.005 relating to …
May 30, 2017
MAY 2017 Here’s your update on Florida insurance-related legal developments from the Colodny Fass Insurance Litigation Practice. Florida Insurance Matters is a monthly update on Florida insurance-related legal developments by the Colodny Fass Insurance Litigation Practice, recently recognized as the …
May 30, 2017
Hurricane Warning: Top-Rated Insurers Rarest in Florida, Riskiest States With Hurricane Season two days away, the States with highest storm risk including Florida have the Region’s fewest Insurers that a Palm Beach Gardens-Based Ratings Company considers most financially sound. …