The Florida Office of Insurance Regulation (“OIR”) announced today, May 24, 2012, that those states participating in the Nonadmitted Insurance Multi-State Agreement (NIMA) have adopted the “Kentucky Proposal” allocation method for the distribution of surplus lines premium taxes. Details …

  A bill that would incentivize private homeowners insurance carriers to write wind coverage policies in areas presently covered by the Alabama Insurance Underwriting Association (“AIUA”) is awaiting action by Alabama Governor Robert Bentley.  SB 230, which was passed by …

  SB 385 was passed by the Georgia General Assembly and signed by the Governor.  SB 385 allows auto insurers to include a notice of policy cancellation in a bill to an insured who is paying on a monthly basis.  …

  Florida Property and Casualty Association Automobile Division Members: SB 385 was passed by the Georgia General Assembly and signed by the Governor.  SB 385 allows auto insurers to include a notice of policy cancellation in a bill to an …

  Colodny Fass attorneys were featured contributors to the Summer 2012 edition of the Federation of Regulatory Counsel (“FORC”) Journal, for which they co-authored an article, entitled “Update on Medical Loss Ratio Reporting Under Federal and State Law.” The article …

  To go directly to the section of your choice, click on a hyperlink below.  Other hyperlinks to meeting information, bills and news are noted in bold type. Daily Florida Insurance-Related Events Daily Insurance-Related News Daily Florida Insurance-Related Events 9:00 …

The following article was published in The Florida Current on May 24, 2012: Citizens Considering Rate Hike on New Policies but Director Voted for Cap By Gray Rohrer www.thefloridacurrent.com Tom Grady, interim director of Citizens Property Insurance Corp., has said …

The following article was published in The Naples Daily News on May 24, 2012: State law enforcement investigating property’s $3 million drop in value www.naplesnews.com The Florida Department of Law Enforcement is investigating the Collier County Property Appraiser’s Office after …

9:00 a.m.–Florida Workers’ Compensation Joint Underwriting Association Investment Committee meeting. To view the meeting notice, click here. To view the agenda, click here.

Colodny Fass attorneys were featured contributors to the Florida section of the Federation of Regulatory Counsel’s (“FORC”) April/May 2012 “FORC Alert.”  To view the publication, click here.  The articles are reprinted below. Should you have any questions or comments, please …