Apr 18, 2016
On April 4, 2016, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) issued temporary and proposed regulations to further reduce the benefits of and limit the number of corporate tax inversions, including by addressing earnings stripping. …
Apr 18, 2016
Why Florida Insurance Commissioner Kevin McCarty wanted to “Unleash the Hounds of Hell” 60 Minutes reporter Leslie Stahl asked McCarty what he was thinking when he learned about problems with Life Insurance Company Audits. Florida Announces Exit from …
Apr 15, 2016
A litigator with expertise in regulatory and enforcement proceedings, attorney Tim West joined Colodny Fass in March 2016 as an Associate in the Firm’s award-winning Insurance Defense and Litigation Division. A member of the Florida Bar and admitted to practice in …
Apr 15, 2016
To view this release on its original Web page, click here. RMS announced on April 13, 2016, that AeroEdge USA, a Florida based Managing General Agency promoting risk management by coupling cost effective hurricane mitigation with voluntary hurricane …
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Florida Surplus Lines Service Office (“FSLSO”) issued Bulletin 2016-03 today, April 14, 2016, stating that Florida has withdrawn from the Nonadmitted Insurance Multi-State Agreement (“NIMA”) effective June 1, 2016.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 …