Nov 1, 2016
U.S. Supreme Court Rejects Hialeah Workers’ Comp Case The U.S. Supreme Court has declined to take up a case that raised questions about the constitutionality of Florida’s Workers’ Compensation Insurance System. THE NEWS SERVICE OF FLORIDA reports via CBS Miami. …
Oct 31, 2016
The U.S. Federal Reserve advised today, October 31, 2016, that five federal regulatory agencies are requesting comment on a joint notice of proposed rulemaking to implement provisions of the Biggert-Waters Flood Insurance Reform Act (“Biggert-Waters Act”) that require regulated …
Oct 31, 2016
PLEASE NOTE TODAY’S ISSUE HAS BEEN UPDATED Hurricane Matthew insurance claims climb to $606 million According to information posted on the Florida Office of Insurance Regulation website Monday morning, the total claims filed as of Friday totaled 100,589. They …
Oct 30, 2016
NOVEMBER 2016 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 …
Oct 28, 2016
Rick Scott, Business Leaders Talk Matthew Recovery On Thursday, Scott heard a mixture of praise for the storm response of State, County and Local Recovery Workers, tempered by worries about issues ranging from loss of Income to Worker’s Compensation …
Oct 27, 2016
FEMA Extends Filing Deadline for Florida NFIP Claims from Hurricane Hermine The Federal Emergency Management Agency has Extended the Deadline for National Flood Insurance Program Florida Policyholders to File Claims from Hurricane Hermine, Insurance Journal reports. Florida Insurance Regulators Provide Additional Details of …
Oct 27, 2016
Florida’s State Board of Administration of Florida (“SBA”) advised today, October 27, 2016, on the estimated borrowing capacity, estimated claims-paying capacity and projected balance of the Florida Hurricane Catastrophe Fund (“FHCF”) as of December 31, 2016 in compliance with the …
Oct 26, 2016
The Florida Office of Insurance Regulation advised today, October 26, 2016, that, “after productive discussions between Insurance Commissioner David Altmaier and representatives of the Federal Emergency Management Agency (FEMA)” on ways to assist Floridians impacted by the widespread flooding caused by …
Oct 26, 2016
David Altmaier Outlines Legislative Priorities at Insurance Conference Florida Insurance Commissioner David Altmaier outlined his Legislative Priorities Tuesday during an Industry Conference, promising above all to work with Industry Stakeholders in drafting responses to Market Pressures. Michael Moline reports …
Oct 25, 2016
In an Opinion issued October 20, 2016, the Florida Supreme Court considered the scope of the liability of the Florida Insurance Guaranty Association (“FIGA”) for sinkhole losses. In its Opinion, the Florida Supreme Court affirmed two certified questions in …