Jun 24, 2015
At its meeting in Orlando today, June 24, 2015, Florida’s Citizens Property Insurance Corporation’s (“Citizens”) Board of Governors (“Board”) unanimously approved a 2016 rate package that the State-run insurer explained lowers rates for nearly half of Citizens’ Personal Lines …
Jun 24, 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 …
Jun 23, 2015
The results of a highly anticipated study undertaken by the United States Senate Committee on Banking, Housing, and Urban Affairs’ (“Committee”) Banking Investigative Group on alleged National Flood Insurance Program (“NFIP” or “Program”) underpayment of claims filed in the …
Jun 23, 2015
By Maria Elena Abate and Amy Koltnow, Colodny Fass The increase in claims and litigation, spurred on by water remediation companies fortified with an insured’s assignment of insurance benefits (“AOB”) and right to bring a cause of action has …
Jun 23, 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 …
Jun 22, 2015
Five federal regulatory agencies have approved a joint final Rule that modifies regulations applicable to loans secured by properties located in special flood hazard areas. Issued today, June 22, 2015, by the Federal Reserve System Board of Governors, the …
Jun 22, 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 …
Jun 20, 2015
The Florida House of Representatives and Florida Senate adjourned the 2015-A Special Session Sine Die at 6:50 p.m. last night, June 19, 2015, after both chambers adopted SB 2500-A, the $78.7 billion State Budget. The Budget must be signed …
Jun 19, 2015
Above: Colodny Fass Shareholder Wes Strickland Notes New Florida Law Will Essentially Prohibit Adding Optional Coverage by Notice of Change in Policy Terms On June 16, 2015, Governor Rick Scott signed into law legislation that will essentially prohibit the …
Jun 19, 2015
Above: Colodny Fass’ Claude Mueller Advises Texas Department of Insurance Has Adopted NAIC Risk-Based Capital Provisions The Texas Department of Insurance (“TDI”) advised yesterday, June 18, 2015, that it has adopted amendments to 28 Texas Administrative Code §7.402 concerning …