Jul 6, 2015
The First District Court of Appeal issued an opinion on June 22, 2015 in which it affirmed the Florida Office of Insurance Regulation’s disapproval of new policy language proposed by Security First Insurance Company that would require the insurer’s …
Jul 6, 2015
The Florida Hurricane Catastrophe Fund (“FHCF”) advised today, July 6, 2015, that, subsequent to the development of its 2015 Ratemaking Formula Report, several insurers revised their coverage selections for the 2015 FHCF Contract Year. As a result of these …
Jul 6, 2015
Colodny Fass litigators Amy L. Koltnow and Maria Elena Abate successfully thwarted a statewide Florida putative class action challenging a property carrier’s option to repair damaged property. If successful, the lawsuit threatened to impact the way many Florida insurers …
Jul 6, 2015
To go directly to the section of your choice, click on a hyperlink below. Other hyperlinks to meeting information, bills and news are noted in bold type. Daily Florida Insurance-Related Events Daily Florida Insurance-Related News Daily Florida …
Jul 3, 2015
Above: Colodny Fass’ Donovan Brown notes Vermont Department of Financial Regulation bulletin on “price optimization” factors in property and casualty ratemaking In Bulletin 186 issued last week, the Vermont Department of Financial Regulation (“VDFR”) addressed the issue of “price optimization” …
Jul 2, 2015
The State of Georgia has proposed a complete repeal of its current regulations relating to captive insurance companies, with the goal of adopting a new Rule Chapter on the same subject pursuant to the enactment of HB 552 this …
Jul 2, 2015
Above: Colodny Fass’ Donovan Brown Notes Federal Insurance Office Still Working on Affordable, Available Personal Auto Liability Insurance Issues In a Request for Information (“RFI”) published today, July 2, 2015, the Federal Insurance Office (“FIO”) is seeking comments and …
Jul 2, 2015
To go directly to the section of your choice, click on a hyperlink below. Other hyperlinks to meeting information, bills and news are noted in bold type. Daily Florida Insurance-Related Events Daily Florida Insurance-Related News Daily Florida …
Jul 1, 2015
Any excess line policy submitted to the Excess Line Association of New York (“ELANY”) that contains the so-called “Most Favored Nation” punitive damage insurability clause or similar language will be suspended and reported to the New York Department of …
Jul 1, 2015
To go directly to the section of your choice, click on a hyperlink below. Other hyperlinks to meeting information, bills and news are noted in bold type. Daily Florida Insurance-Related Events Daily Florida Insurance-Related News Daily Florida …