At the close of the 2015 Spring National Meeting today, March 31, 2015, the National Association of Insurance Commissioners (“NAIC”) adopted a white paper on insurance coverage issues in the “sharing economy” for transportation.  Ride-sharing services offered by Transportation Network …

  Despite the backing of groups such as the Florida Chamber of Commerce, Associated Industries of Florida and the National Federation of Independent Business, SB 1088, a bill relating to Civil Remedies Against Insurers that would provide a 45-day time …

  Florida regulatory audits to ensure insurer compliance with anti-fraud laws could become less frequent with a proposed change in Rule 69D-2.005, entitled “Compliance and Enforcement” relating to insurance company anti-fraud units. Currently, Rule 69D-2.005 provides that the Florida Office …

  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 …

  Given the substantial fine of $10,000 per month that could be levied for non-compliance with newly enacted Act 427, the Louisiana Department of Insurance (“LDI”) issued its second reminder today, March 30, 2015, to all authorized Louisiana homeowners insurers …

  A day-long meeting of the Florida Commission on Hurricane Loss Projection Methodology’s Flood Standards Development Committee is scheduled for tomorrow, March 31, 2015 from 9 a.m. to 4 p.m. (ET).  A portion of the agenda is reserved for public …

  The National Association of Insurance Commissioners’ Center for Insurance Policy and  Research (“CIPR”) published a study on March 24, 2015 entitled “Usage-Based Insurance and Vehicle Telematics:  Insurance Market and Regulatory Implications.” The study examines how the U.S. auto insurance …

  An increase of 0.43 percent in the Florida Hurricane Catastrophe Fund (“FHCF”) rate for the 2015 FHCF Contract Year was recommended to the FHCF Advisory Council at its meeting last week on March 24, 2015.  The rate was based …

  On March 19, 2015, the U.S. Government Accountability Office (“GAO”) reported on legislative proposals and international coordination in regard to financial company bankruptcies.  To access the complete report and supporting information, click here.   What GAO Found The U.S. …

  To access the U.S. Government Accountability Office (“GAO”) report and supporting information released March 20, 2015, click here. What GAO Found Grant management challenges experienced by municipalities in fiscal crisis. The diminished capacity of selected municipalities in fiscal crisis …