Category: Insurance Regulatory News

MARCH 2017 Here’s your update on Florida insurance-related legal developments from the Colodny Fass Insurance Litigation Practice. Florida Insurance Matters is a monthly update on Florida insurance-related legal developments by the Colodny Fass Insurance Litigation Practice, recently recognized as the Insurance Litigation …

  4th DCA:  Warrant Needed to Search Car’s “Black Box” In what is likely a First-of-its-Kind Case in Florida, a Divided Appeals Court Wednesday said Authorities needed a Warrant before they could download information recorded in a Car’s “Black Box.”  …

  AIF, PCI blast Greg Steube’s prejudgment interest bill The Associated Industries of Florida and the Property Casualty Insurers Association of America didn’t mince words about Senator Steube’s pre-judgement interest bill.   Florida’s Citizens Property Insurance lost $27.1 million during …

  During its meeting in Maitland, Florida this morning, Citizens Property Insurance Corporation’s (“Citizens’”) Board of Governors learned the State-run insurer will post a $27.1 million net loss for 2016–marking its first loss since 2005.  The loss comes despite minimal …

  The Florida Hurricane Catastrophe Fund (“FHCF”) advised of the following: March 23-24 Meeting Materials Posted The FHCF Advisory Council met on March 23 and 24 to review pertinent pending legislation, as well as to hear a presentation on the …

  PIP Auto-Insurance Bill in Florida House Starts Moving Some Members of the House Insurance & Banking Subcommittee, which Voted 12-2 for the Bill, expressed a need for the measure to address issues, such as changes in the State’s Bad-Faith …

  Florida House panel votes to abolish PIP insurance effective January 1 A House committee voted overwhelmingly Monday to do away with personal injury protection, or PIP, insurance in Florida, FloridaPolitics.com’s Michael Moline reports.   Consumer Protection Coalition launches ad …

  Florida House Speaker Says Correcting Workers’ Comp and Assignment of Benefits Would Better Serve to Create Jobs Florida House Speaker Richard Corcoran said too much energy is being paid to saving Enterprise Florida and Visit Florida under the guise …

  Senate Favors Tax Cuts for Businesses in Last-Minute Swap Hitting Florida Insurers A massive Tax Cut Package sped through a Florida Senate Committee on Tuesday — but with one big switch, swapping out Salary Tax Credit Incentives for cuts …

  Florida Senate Moves to End Insurance Industry Tax Break Insurance-Industry Officials remained adamant Tuesday that a Proposal to eliminate a decades-old Tax Credit will cost jobs and hike premiums as the measure moved forward in the Senate with a …