Feb 8, 2017
New Jersey Insurance Commissioner Richard Badolato issued an order today, February 8, 2017, that, effective April 17, 2017, all providers treating patients being treated under Personal Injury Protection insurance coverage must use designated Uniform Pre-Service and Post-Service Appeal forms …
Feb 8, 2017
Demotech Suspends Florida Insurer Rating Criteria; Says Downgrades Coming Recent Florida Supreme Court Decisions and ongoing abuse in Florida’s Insurance Market have led a Ratings Company to change the Criteria it uses when rating Insurers in the State. The …
Feb 7, 2017
Below is an update on recent Florida workers’ compensation regulatory activities: Fraud Status Report Florida’s Division of Investigative and Forensic Services, Bureau of Worker’s Compensation Fraud and the Florida Division of Workers’ Compensation Bureau of Compliance issued a …
Feb 7, 2017
Florida Insurance Commissioner David Altmaier updated the Florida Cabinet on the topic of assignment of benefits this morning, February 7, 2017, noting there has been a significant reduction in underwriting gains and Florida domestic insurer net income in 2016. …
Feb 7, 2017
Guidance Suspended for Florida Property Insurers – Rating Revisions Expected in March Although the 57 Property Insurers that Demotech Reviews, Rates, and follows were able to respond to Florida’s Weather Related Damages during 2016, the Company suspended previously written guidance …
Feb 6, 2017
The ruling in a complex Florida employment law case was upheld by the Eleventh Circuit Court of Appeals late last month, resulting in a former corporate officer being ordered to pay damages to his former employer for having illegally …
Feb 6, 2017
Leaky Pipe Problems Pose Risk to Florida Homeowners Insurance Florida’s Homeowners’ Insurance Landscape has been treated gently by Mother Nature in the last Decade, but the Industry sees demons approaching that are increasing the cost and reducing access to …
Feb 3, 2017
Florida NFIP Policyholders Have 60 More Days to File A Proof of Loss Associated with Hurricane Matthew Claims; Proof of Loss Extension Associated with Hurricane Hermine Claims Has Expired The Florida Office of Insurance Regulation (“OIR”) advised today, February …
Feb 3, 2017
Comments are being accepted until April 12, 2017 on a Federal Emergency Management Agency (“FEMA”) concept to implement a Public Assistance deductible that would condition States’ receipt of FEMA reimbursement for the repair and replacement of public infrastructure damaged …
Feb 3, 2017
Insurer Citizens Pushes For Tougher Laws As Switch Offers Dwindle Top Officers at State-Run Citizens Property Insurance advocated for Laws to fix what they call abuses in South Florida Claims Wednesday as offers from Private Insurers to take its …