Dec 27, 2007
Insurance Fraud Weekly ePort Week Ending December 21, 2007 www.InsuranceFraud.org ________________________________________Â Â LEGISLATION & REGULATION * The Kentucky legislature will consider a bill next year limiting access to vehicle event data recorders (so-called black boxes). Vehicle owners would control the information under …
Dec 26, 2007
BY ARTHUR D. POSTALNU Online News Service, Dec. 26, 1:13 p.m. EST Groups representing captive insurers made a concerted appeal to the Internal Revenue Service asking it to withdraw a proposal that would change the way captives deduct losses, saying …
Dec 26, 2007
BY ARTHUR D. POSTALNU Online News Service, Dec. 26, 4:01 p.m. EST WASHINGTON —President Bush today signed the Terrorism Risk Insurance Act extending the federal backstop on terrorism risk insurance until the end of 2014. The bill (H.R. 2761 – …
Dec 26, 2007
By Josh Hafenbrack South Florida Sun-Sentinel December 26, 2007 Jack Kanjian loves dinosaurs. He’s writing a book about his favorites on colored construction paper, illustrated with crayons. When he grows up, Jack wants to run a prehistoric zoo — with …
Dec 26, 2007
By Sandra Block, USA TODAY Families who lost their homes to the foreclosure crisis this year will have at least one reason for cheer this holiday season: They won’t have to worry about a big tax bill. Shortly before adjourning …
Dec 26, 2007
National Underwriter Magazine Online reported this afternoon that President Bush has signed H.R. 2761–Terrorism Risk Insurance Program Reauthorization Act of 2007. The bill extends the current program through 2014 and adds coverage of domestic terrorist events to the program. Should …
Dec 26, 2007
BY SUSANNAH A. NESMITH AND GARY FINEOUT A circuit court in Tallahassee tossed out the Legislature’s plan to save money by appointing special public defenders to represent indigent defendants who can’t be represented by the elected public defenders in each …
Dec 26, 2007
By DAN CHRISTENSEN The Miami Herald Two men sent to prison for staging a car crash in Lauderdale Lakes are the first in Broward County sentenced under a tough Florida law enacted to combat no-fault insurance fraud, prosecutors say. Circuit …
Dec 24, 2007
The attached memorandum from the Municipal Police Officers’ & Firefighters’ Retirement Trust Funds advising that the City of Palm Beach Shores is participating under Chapter 175, Florida Statutes. The memorandum serves as a reminder that this law requires every insurance company, association, corporation, …
Dec 23, 2007
In a unanimous opinion this week, the Fifth District Court of Appeals has held that Personal Injury Protection (“PIP”) insurers are not required to release their PIP logs to an insured or his/her assignee. A copy of the opinion is attached …