The U.S. Treasury advised this week that a statutory periodic analysis of certain matters relating to the Terrorism Risk Insurance Program (“TRIP”) is now underway. Originally enacted as part of the recovery from...
Patriot National to Reorganize For Acquiring Lenders; Subsidiaries to File Chapter 11 The Company, headquartered in Fort Lauderdale, Fla., expects the Reorganization, which is subject to Regulatory Approval, will be completed...
The National Association of Insurance Commissioners’ (“NAIC”) Public Adjuster Working Group (“Working Group”) met yesterday, November 27, 2017, to review submitted public comments on the...
The National Association of Insurance Commissioners (“NAIC”) is planning a February 2018 public hearing in either New York or Washington, D.C. that would specifically be devoted to soliciting feedback on the...
Insurance Company Tied to Patriot National Agrees to be Acquired Ashmere Insurance Co.’s Parent Company, which is majority owned by Patriot National’s Former CEO and majority shareholder Steven Mariano,...
Florida’s Citizens Property Insurance Corporation’s (“Citizens”) Consumer Services Committee (“Committee”) will convene this Thursday, November 30, 2017, to review various aspects of the...
Florida Nursing Home Hurricane Deaths Ruled Homicides Authorities say the Deaths of 12 of the 14 Florida Nursing Home Patients who died after Hurricane Irma have been ruled Homicides. The...
Florida opens delinquency proceedings for allegedly insolvent insurer Florida’s Office of Insurance Regulation is asking the state’s chief financial officer to initiate delinquency proceedings against an insurer...
People’s Trust Insurance Sues Dozens Of Its Own Policyholders In Claims Disputes The Deerfield Beach-Based Insurer, opening a new front in the long-running war over Third-Party Claims Assignments, has filed more...
Court tosses out verdict against tobacco companies A Florida appeals court ordered a new trial involving tobacco companies, THE NEWS SERVICE OF FLORIDA reports via FloridaPolitics.com. Chicken processor settles water...