Jul 13, 2017
Notices of two proposed Rules relating to Florida insurer reporting requirements and audited annual financial statements were published by the Florida Office of Insurance Regulation yesterday, July 12, 2017. A July 27, 2017 hearing in Tallahassee at 9:30 a.m. …
Jul 13, 2017
Medical Providers Win Case Over Sarasota County Special Law The Supreme Court of Florida has reversed a Decision of an Appeals Court regarding Hospital Reimbursements in Sarasota County. Chandra Lye reports for LegalNewsLine.com. Florida Citrus Crop Struggles: Oranges …
Jul 13, 2017
The National Association of Insurance Commissioners (“NAIC”) will convene its Summer 2017 National Meeting from August 6-9 in Philadelphia, Pennsylvania. For complete registration information, click here. To go directly to the official meeting preview, click here. The event features …
Jul 12, 2017
Milliman Analysis Indicates Majority of Florida Single-Family Homes Could See Cheaper Premiums With Private Flood Insurance Conversely, Private Insurance would cost at least Double the NFIP Premium for 14% of Single-Family Homes in Florida, 21% in Louisiana, and 5% in Texas. · …
Jul 11, 2017
Pursuant to section 1028(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Consumer Financial Protection Bureau (“CFPB”) issued a final Rule yesterday, July 10, 2017, that will regulate arbitration agreements in contracts for specified consumer financial …
Jul 11, 2017
Report: The Southeast’s Storm Surge Risk and Florida’s Hurricane Wake-Up Call The Southeast Coastal States CoreLogic examined in its Report of Alabama, Florida, Georgia, Mississippi, South Carolina and North Carolina, account for at least 3.6 Million of the 6.9 …
Jul 10, 2017
Despite Last Year’s Hurricane Damage, Insurance Companies Sticking with Florida Clients About a Decade ago, Hurricanes Charley, Frances, Ivan and Jeanne caused an estimated $45 Billion in Property Damage in Florida and enough uneasiness in the Insurance Industry that …
Jul 7, 2017
The National Conference of Insurance Legislators (“NCOIL”) will convene its 2017 Summer Meeting from July 12-15 in Chicago, Illinois. Highlighted by a keynote speech by former U.S. Secretary of Agriculture Dan Glickman, the event will feature several sessions on …
Jul 7, 2017
Florida’s Citizens CEO Gilway Responds to Claims About Managed Repair Program Unfortunately, a recent opinion piece “Opinion: Floridians will pay More for Less under Citizens Managed Repair Program” contains a number of mischaracterizations and inaccuracies regarding Citizens Managed Repair Program that …
Jul 6, 2017
The Florida Division of Insurance Agent and Agency Services issued a Notice of Change today, July 6, 2017, on Rule 69B-250.002, “Qualifications of Mediators,” which is one of three proposed Rules relating to Florida’s property and auto insurance claim …