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...
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...
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...
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...
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,...
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...
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...
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...
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...
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...