Category: Insurance Regulatory News

An administrative law judge Monday sided with a Central Florida “foreclosure-rescue” firm in a dispute about whether it had improperly performed loan-modification services without a state license.  THE NEWS SERVICE OF FLORIDA reports via the Orlando Sentinel. http://www.orlandosentinel.com/business/os-bz-nsf-florida-foreclosure-rescue-case-recommendation-20180409-story.html  

Florida’s gender pay gap is 12.5 percent, meaning women employed full-time, year-round earn 87.5 cents for every dollar a man makes. That’s a yearly pay difference of $5,474.  Casey Logan reports for the Naples Daily News. https://www.naplesnews.com/story/money/business/local/2018/04/09/womens-pay-florida-worsening-but-gap-closing-report-says/501204002/

Scammers are now deploying “porting” technologies and “business email compromise” (“BEC”) to intrude fraudulently into wire transfer technology, the New Jersey Department of Insurance advised in Bulletin 18-04 issued April 10, 2018. http://www.browardbusinesslawyer.com/new-jersey-department-insurance-warns-financial-mortgage-entities-new-wire-transfer-fraud-schemes/

In a joint market conduct examination with 41 other insurance departments, the California Department of Insurance reviewed HCC Life’s marketing and sale of short-term health insurance products, and claim handling occurring under the policies. http://www.insurance.ca.gov/0400-news/0100-press-releases/2018/release036-18.cfm

The private rail line, which debuted in South Florida in early January, has now been involved in six fatalities and two non-fatal accidents since it began testing the train in 2017.  Arie Chokey reports for the Sun-Sentinel. http://www.sun-sentinel.com/local/palm-beach/delray-beach/fl-pn-brightline-fatality-delray-20180408-story.html

Governor Rick Scott on Friday announced the reappointments of six Judges of Compensation Claims, who handle disputed workers’ compensation cases, FloridaPolitics.com reports. http://floridapolitics.com/archives/260735-rick-scott-reappoints-6-compensation-claims-judges

Lack of regulations surrounding sober homes and lucrative urine testing were the two main drivers for the insurance scam that came to be known as “The Florida Shuffle.”  ESPN’s John Barr and Mike Farrell report. http://www.espn.com/espn/otl/story/_/id/23053946/how-detroit-red-wings-ken-daniels-voice-hockeytown-lost-son-drugs-insurance-fraud-espn

A deaf South Florida man is suing the Legislature because it doesn’t provide closed captioning for its “online live streaming videos,” FloridaPolitics.com’s Jim Rosica reports. http://floridapolitics.com/archives/260641-lawsuit-legislative-videos-deaf

The Palm Beach Post reported that after Melgen was sentenced federal prosecutors identified additional insurers and former patients who paid Melgen for eye treatments that were unnecessary. http://www.newsobserver.com/news/politics-government/national-politics/article208280794.html

AIDS Healthcare Foundation says the State of Florida will recklessly disrupt care for a vulnerable population of nearly 2,000 Florida HIV patients. https://www.businesswire.com/news/home/20180408005087/en/AHF-New-Statewide-Florida-Ad-Campaign-Targets