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Capitol to Courthouse Florida Insurance Report – Friday, April 15, 2016

April 15, 2016
Category Archive - Seminars

  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...

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CBS News’ 60 Minutes to Feature Florida Chief Financial Officer Jeff Atwater and Insurance Commissioner Kevin McCarty this Sunday

April 15, 2016
Category Archive - Seminars

  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,...

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Florida Withdraws from NIMA Effective June 1, 2016

April 14, 2016
Category Nonadmitted Insurance Multi-State Agreement (NIMA)

  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Florida Surplus Lines Service Office (“FSLSO”) issued Bulletin 2016-03 today, April 14, 2016, stating that Florida has withdrawn from the Nonadmitted...

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Enacted Today, HB 931 Mandates Revisions to Florida’s Citizens Property Insurance Takeout Program by January 1, 2017

April 14, 2016
Category Citizens Property Insurance Corporation

  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...

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Capitol to Courthouse Florida Insurance Report – Thursday, April 14, 2016

April 14, 2016
Category Archive - Seminars

  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...

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Capitol to Courthouse Florida Insurance Report – Wednesday, April 13, 2016

April 13, 2016
Category Archive - Seminars

  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...

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Florida Public Adjusters’ ‘Prompt Notice’ to Insurers Would Mean Five Days Under Proposed Rule

April 12, 2016
Category Florida Department of Financial Services

  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...

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U.S. GAO Compares Terrorism Risk Insurance Programs Of Six Nations

April 12, 2016
Category National Insurance Regulation News and Updates

  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...

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Capitol to Courthouse Florida Insurance Report – Tuesday, April 12, 2016

April 12, 2016
Category Archive - Seminars

  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...

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Florida Enacts ORSA, Corporate Governance Insurer Regulatory Reporting

April 11, 2016
Category Legislative Updates

  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...

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