Apr 15, 2016
How Will Scott’s Insurance Pick Bragg Survive Scrutiny? Cabinet members were talking softly, smiling at one another, clapping each other on the back. But anyone who couldn’t sense a Baileygate hangover throbbing uncomfortably over the March 29 Cabinet meeting …
Apr 15, 2016
Florida’s Chief Financial Officer Jeff Atwater and Insurance Commissioner Kevin McCarty will be featured during an episode of CBS News’ feature television program 60 Minutes this Sunday, April 17, 2016. To read more on the show, click here. The segment …
Apr 14, 2016
By Jennifer C. Erdelyi, Senior Associate The Florida Surplus Lines Service Office (“FSLSO”) issued Bulletin 2016-03 today, April 14, 2016, stating that Florida has withdrawn from the Nonadmitted Insurance Multi-State Agreement (“NIMA”) effective June 1, 2016. The Bulletin also provides guidance …
Apr 14, 2016
Signed by Governor Rick Scott today, April 14, 2016, HB 931 will make several changes to law relating to Florida’s Citizens Property Insurance Corporation (“Citizens”) effective July 1, 2016. The new law requires Citizens to revise its plan of …
Apr 14, 2016
Florida Fines Humana Insurance In February, Humana agreed to pay a $500,000 fine for lack of cooperation in an investigation. The fine was included in a consent order. This investigation concerned charges that Humana had discriminated against people living …
Apr 13, 2016
Questions Abound as Deadline To Apply To Be Florida’s Insurance Commissioner Approaches Remember that search for Florida’s next Insurance Commissioner? Things have been relatively quiet since Governor Rick Scott refused to second a motion to appoint state Rep. Bill Hager, prompting …
Apr 12, 2016
A proposed Rule published today, April 12, 2016, establishes a presumption that Florida’s statutory requirement that a public adjuster provides “prompt notice” of a claim to an insurer is satisfied if notice to the insurer is given within five …
Apr 12, 2016
In a report issued today, April 12, 2016, the U.S. Government Accountability Office reported on how other countries have structured and funded their terrorism risk insurance programs. Pursuant to a provision within the Terrorism Risk Insurance Program Reauthorization …
Apr 12, 2016
Florida Leads Nation in Zika as CDC Confronts Threat Florida health officials have been pretty successful controlling recent outbreaks of Dengue fever and the chikungunya virus. Zika is shaping up to be far more challenging, Ledyard King reports for …
Apr 11, 2016
Effective October 1, 2016, certain insurers and insurance groups will be subject to the requirements of SB 1422 relating to Insurer Regulatory Reporting, which was signed into law by Florida Governor Rick Scott this past Friday, April 8. …