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News & Resources

U.S. Government Accountability Office Evaluates Potential Barriers to Private Flood Insurance Market

Aug 4, 2016

  Does the current regulatory environment pose barriers to growing the private flood insurance market?  This was the question the U.S. Government Accountability Office (“GAO”) set out to answer in its recent report (GAO-16-611) issued during July 2016 entitled “Potential …

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Capitol to Courthouse Florida Insurance Report – Thursday, August 04, 2016

Aug 4, 2016

  Universal Insurance Holdings, Inc. Subsidiary American Platinum Property and Casualty Insurance Company to Launch Commercial Residential Program Receives Authorization to Add Fire, Commercial Multi-Peril, and Other Liability Lines of Business in Florida.    Wife of Accused Insurance Fraudster Who …

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Capitol to Courthouse Florida Insurance Report – Wednesday, August 03, 2016

Aug 3, 2016

  Public Hearing Set for Proposed Citizens Insurance Rate Hike Rate hike proposals averaging nearly 10 percent next year for South Florida customers of Citizens Property Insurance will be scrutinized in Public Hearings in Tallahassee on August 18.   Ron …

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Capitol to Courthouse Florida Insurance Report – Tuesday, August 02, 2016

Aug 2, 2016

  September and October Approved Take-Outs From Citizens Property Insurance Corporation The Florida Office of Insurance Regulation has approved participants in the September and October Citizens Property Insurance Corporation Take-Out Periods, Capital Soup reports.   Feds Move to Seize Home …

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Capitol to Courthouse Florida Insurance Report – Monday, August 01, 2016

Aug 1, 2016

  Florida’s Most Stolen Vehicle? Guess What Leads the New List If you said the Altima, you’re right that it is the 2015 Model most commonly stolen in Florida and the country as a whole, the Palm Beach Post’s Charles …

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Louisiana Department of Insurance Issues Terrorism Risk Data Call

Jul 29, 2016

  The Louisiana Department of Insurance issued Bulletin No. 2016-05 today, July 29, 2016, to advise that all domestic property and casualty insurers that transact business in terrorism related coverage lines will be examined and the information sought will need …

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Florida Department of Financial Services Enhances Law Enforcement Strategy with Newly-Formed Division of Investigative and Forensic Services

Jul 29, 2016

  In his Division of Insurance Agent and Agency Services (“Division”) newsletter published today, July 29, 2016, Florida Chief Financial Officer and State Fire Marshal Jeff Atwater reminded about the recent transition involving law enforcement units housed within the Florida Department …

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Comments on NAIC Proposed Form A Review Best Practices Due August 19, 2016

Jul 29, 2016

  The National Association of Insurance Commissioners’ National Treatment and Coordination Working Group is accepting written comments on a draft of Form A Review Best Practices until August 19, 2016.   The proposed Best Practices are ultimately intended to be a …

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Capitol to Courthouse Florida Insurance Report – Friday, July 29, 2016

Jul 29, 2016

  Battling Back Against the Use of AOBs in Water-Related Claims Assignments of Benefits are the fastest-moving vehicles for fraudulent activity in Homeowners’ Insurance Claims, Colodny Fass’ Maria Elena Abate writes via Claims Management Magazine.    Sea Level Rise Threatens …

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Insurance, Reinsurance Covered Agreement One Step Closer as U.S. and E.U. Meet on July 25-26

Jul 28, 2016

  Joint Statement On U.S.-EU Negotiations For A Bilateral Agreement On Insurance And Reinsurance Measures The U.S. Treasury and European Union released the following joint statement today, July 28, 2016: WASHINGTON – The United States and the European Union today released …

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