Apr 11, 2016
Signed into law by Governor Rick Scott on April 6, 2016, SB 1274 will now allow insurers to offer a new type of personal lines residential sinkhole insurance coverage in Florida. Effective July 1, 2016, the legislation creates s. …
Apr 11, 2016
Florida Governor Signs ORSA Bill Florida Governor Rick Scott approved SB 1422 last Friday, which will implement the NAIC’s Risk Management and Own Risk and Solvency Assessment (ORSA) Model Act and the Corporate Governance Annual Disclosure Model Act. …
Apr 8, 2016
New Law Allows Florida Insurers to Offer Limited Sinkhole Coverage Legislation introduced this year by Republican Senator Jack Latvala and passed into law today, gives insurers in Florida the ability to offer a new type of personal lines residential …
Apr 6, 2016
Florida Supreme Court hears Oral Arguments in High-Profile Workers’ Comp Case Florida Supreme Court justices will hear oral arguments today in a case that could allow the state workers’ compensation system to be optional for employers. Politico Florida’s Christine …
Apr 5, 2016
Florida Insurance Commissioner Kevin McCarty was bestowed with the inaugural “Legacy of Leadership” Award at the 2016 Florida Insurance Market Summit, hosted this past March by Colodny Fass, Guy Carpenter, the Property Casualty Insurers Association of America (PCI) and …
Apr 5, 2016
Florida Regulators OK Cigna-Anthem Insurance Deal State insurance regulators have approved Anthem’s purchase of Cigna’s Florida companies as part of a broader merger of the major health insurers, THE NEWS SERVICE OF FLORIDA reports via WUSF News. Florida’s …
Apr 4, 2016
Florida Climate-Change Concerns grow as Study Links Flooding to Rising Seas More Floridians are concerned about climate change, according to a new poll out Monday, the same day a separate study was released that found Miami Beach increasingly prone …
Apr 1, 2016
At This Point, Why Would Anyone Apply to Be Florida’s Insurance Commissioner? A seven-hour Cabinet meeting ended this week with Governor Rick Scott declining to second the motion made by CFO Jeff Atwater to appoint State Representative Bill Hager the …
Mar 31, 2016
MARCH 2016 It’s the first anniversary of Florida Insurance Matters! Thank you for reading and we welcome your feedback! Florida Insurance Matters is a monthly update on Florida insurance-related legal developments by the Colodny Fass Insurance Litigation Practice, recognized as …
Mar 31, 2016
In a consumer alert issued today, March 31, 2016, Florida Insurance Commissioner Kevin M. McCarty advised that changes to the National Flood Insurance Program (“NFIP”) become effective this Friday, April 1. Explaining that every person living in Florida is at …