Today, December 20, 2016, the Federal Reserve Board announced the designation of the chairs and deputy chairs of the 12 Federal Reserve Banks for 2017. Each Reserve Bank has a nine-member board of directors.  The Board of Governors in Washington, …

  Florida’s Courts 4th on Tort Reformers’ “Judicial Hellhole” List The controversial Florida Supreme Court and Civil Courts in South Florida find themselves dubiously honored in fourth position on the American Tort Reform Foundation’s 2016-2017 List of “Judicial Hellholes” — putting …

  Florida Ruling Against Insurer in Concurrent Loss Case “Not a Surprise” The Florida Supreme Court has ruled in favor of Policyholders seeking Coverage on Claims where there is the possibility of Multiple Concurrent Losses but at least one of …

  Court to hear appeal in State Farm Florida trade secret dispute An appeals court has scheduled oral arguments in a dispute between insurance regulators and State Farm Florida about disclosing information related to the company’s property-insurance policies.  THE NEWS …

  PCI Joins Campaign for Florida Assignment-Of-Benefits Reform The Property Casualty Insurers Association of America has thrown its weight behind the drive to control Assignment-of-Benefits Fraud against Insurance Companies.  Michael Moline reports for SaintPetersBlog.com.   Hurricane Matthew Victims Dealing With …

  Comments are due to the National Association of Insurance Commissioners (“NAIC”) by January 13, 2017 on two items pertaining to reinsurance collateral, certified reinsurers, qualified jurisdictions and the potential impact of Solvency II implementation.  To access each document, click …

  In Bulletin 2016-04 issued today, December 14, 2016, the Florida Surplus Lines Service Office (“FSLSO”) advised Florida Surplus Lines Agents, Surplus Lines Insurers and Independently Procured Coverage Filers that its service fee will be decreased from 0.15 percent to …

  At their meeting yesterday, December 13, 2016, members of Florida’s Commission on Hurricane Loss Projection Methodology (“FCHLPM”) discussed a request by Florida Insurance Commissioner David Altmaier to examine divergent results in forecasting proposed rates specific to Monroe County based …

  Senators Start Weighing Florida’s Workers’ Comp Issues Florida Senators Tuesday got a taste of the Debate that will play out in the coming months among Business, Legal and Labor Groups as the Legislature looks at revamping the Workers’ Compensation …