Florida’s Citizens Property Insurance Corporation (“Citizens”) Board of Governors will meet on Friday, March 3, 2017 to vote on whether to call its 2015 Everglades Re II Series 2015-1 bonds on their optional redemption date of May 3, 2017.  …

  Employee Stole $1M From Fort Lauderdale Insurer, Investigators Say A Coral Springs Woman who worked as a Customer Service Representative for a Fort Lauderdale-Based Insurance Company funneled more than $1 Million of the Company’s money to her own Bank …

FEBRUARY 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 …

  First Florida Bill Addressing AOB Introduced for 2017 Session Senate Bill 1038, Filed February 17 by State Senator Dorothy Hukill and Co-Sponsored by Senator Kathleen Passidomo seeks to clarify the intent of the Assignment of Benefits Provision for Policyholders …

  Border Adjustment Would Sock Florida with Hugely Higher Insurance Rates In recent years, Congress repeatedly has considered Legislation that would have adversely and profoundly impacted Disaster-Prone States like Florida.  Luckily, we were spared passage, over and over again.  Right …

  Insurance Losses Demand Action From State Lawmakers Hurricane Season is still more than three months away, but a different kind of tempest is threatening Florida Property Insurers, their Policyholders and the State’s Economy.  The Orlando Sentinel Editorial Board weighs …

  Crisis?  Maybe, But Top Florida Insurer Says Severity of AOB Claims Falling Florida’s largest Property Insurer says its Average Cost is going down, not up, for Claims associated with what many in the Industry call a Crisis requiring Immediate …

  U.S. Senator Bill Nelson Says Demotech Downgrades Risk Mass Florida Homeowner Disaster U.S. Sen. Bill Nelson urged Federal Officials Tuesday to take any Actions necessary to prevent a “Disaster ” if mass numbers of Florida Homeowners go into default …

  U.S. Senator Bill Nelson Says Demotech Downgrades Risk Mass Florida Homeowner Disaster U.S. Sen. Bill Nelson urged Federal Officials Tuesday to take any Actions necessary to prevent a “Disaster ” if mass numbers of Florida Homeowners go into default …

  Jeff Brandes Files Bill to Crack Down on Insurance Fraud SB 1012 would require Insurers to develop and submit Anti-Fraud Plans to the Division of Investigative and Forensic Services and would require Anti-Fraud Training for Employees involved with Fraud Prevention.  …