Apr 23, 2018
Massachusetts Attorney General Maura Healey announced April 12 that We Florida Financial (We Florida), a credit union based in Florida, will pay $898,000 to resolve allegations it delivered loans for ineffective online study materials to more than 200 Massachusetts consumers. LegalNewsLine.com reports. …
Apr 23, 2018
Under SB 2467, which Bryant signed April 13, a 3 percent surcharge currently added to the cost of specialized “surplus lines” policies would be redirected from the Mississippi Windstorm Underwriting Association to the State’s Treasury, Insurance Journal reports. https://www.insurancejournal.com/blogs/right-street/2018/04/17/486623.htm
Apr 23, 2018
Insurance Commissioner Ken Selzer said Friday that he’s setting an example of transparency, Insurance Journal reports. https://www.insurancejournal.com/news/midwest/2018/04/23/487100.htm
Apr 23, 2018
While the remains of her store were being appraised by a TWIA adjuster, the policyholder discovered that her agent had accidentally listed the wrong street address number for her property, Lyle Adriano reports for Insurance Business Magazine. https://www.insurancebusinessmag.com/us/news/catastrophe/has-insurance-agents-typo-cost-harvey-victim-an-insurance-payout-98621.aspx
Apr 20, 2018
An appellate court on Thursday unanimously upheld a public records exemption covering the names and addresses of consumers who challenge the disposition of claims against homeowner or sinkhole insurance claims. Michael Moline reports for FloridaPolitics.com.
Apr 20, 2018
A divided state appeals court this week upheld a nearly $6.4 million verdict in a case filed against cigarette-maker Philip Morris USA by the widow of a Jacksonville man who died of smoking-related illnesses. THE NEWS SERVICE OF FLORIDA reports …
Apr 20, 2018
As Scott’s administration this week submits a request to the federal government to trim the amount of time people have to apply for Medicaid coverage, the state’s estimate of $98 million in savings associated with the change has come under …
Apr 20, 2018
Florida life and health insurance agents may want to note the outcome of rulemaking currently underway by the Florida Division of Insurance Agent and Agency Services, Colodny Fass reports. Rulemaking Underway on Florida Life and Health Insurance Could Change Some …
Apr 20, 2018
The zones target low-income census tracts in all 67 counties, making businesses and developers working there eligible for deferred capital gains taxes under the newly-approved federal Tax Cut and Jobs Act of 2017. Once designated, the census tracts qualify as …
Apr 20, 2018
The lawsuit centered on a measure, commonly known as HB 7069, that was a priority of House Speaker Richard Corcoran, a Land O’ Lakes Republican, and became one of most-controversial issues of the 2017 Legislative Session. THE NEWS SERVICE OF FLORIDA …